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Wednesday, 25 January 12
CLEAN AND CLEAR MINING PERMITS TO BE COMPLETED END OF 2012 - BISNIS.COM
 Bisnis.com reported that, the government plans to announce 700 mining permits with "clean and clear" status without overlapping on other permit holders in the near future so all of the permits are expected to be complete at the end of 2012.
Since the issue of Mining Act, the Ministry of Energy and Mining Directorate General of Mineral Resources (ESDM) until mid-2011 there were 9,662 mining permits (IUP)issued by the local governments.
Of the total IUP, only 3,778 permits have clean and clear status. Clean and clear status shows that the mining areas have complete documents and no overlapping areas.
The remaining 5,884 permits are problematic. In fact, there are expected to be significant unclear permits since the licensing authorities are held by the local governments. This is because regional heads or regents neglect to manage the matter.
A Bisnis source said that in one area of East Kalimantan, to take power of attorney over the adjustment of mining permit status into exploration permit about IDR 250 million (approximately US$ 27,700) is needed, while the 'cost' for a production permit ranges between IDR 500 million and IDR 1 billion (approximately US$ 55,401 - US$ 110,803).
It is caused by the unprofessional regents who gave permits to more than one party," said Thamrin Sihite, Director General of Mining and Mineral Resources
Ministry last weekend.
The Directorate General of Mineral and Coal has assigned the University of Indonesia (UI) to resolve the issue. The appointment has caused internal resistance since the verification which was actually conducted by the Directorate of Commercial Directorate of Coal and Mineral has to be taken over by an Independent Team from UI.
The completion of the mining permit verification, Thamrin said, is expected to boost state revenues from the mining sector.
"With reconciliation, the mining permit will be more orderly. In addition, the permit holder who usually pays a dividend to the regional government, will now be expected to pay the central government. The central government has also conducted socialization to the local government so that the payment of non-tax state revenues can be deposited to central. Then, it will be distributed to the local government,"he said.
Besides completing the reconciliation of mining permit, the government also continues to fix the mining sector. President Susilo Bambang Yudhoyono has formed an evaluation team to adjust working contract (KK) and the agreement of the coal mining business (PKP2B) in accordance with Presidential Decree No.3/2012.
The team is composed of the Coordinating Minister for Economic Affairs Hatta Rajasa as the chairman, the Minister of ESDM Jero Wacik as Chief Executive and Director General of Mineral and Coal Thamrin Sihite as the secretary.
The evaluation team members consists of the Minister of Finance, Minister of Home Affairs, Minister of Justice and Human Rights, Minister of Industry, Minister of Trade, Minister of Forestry, Minister of SOEs, the Cabinet Secretary, the Attorney General, Chief of Financial Development Supervisory Board (BPKP), Head of National Land Agency (BPN), and the Head of Investment Coordinating Board (BKPM).
Source : Bisnis.com (By:Vega Aulia Pradipta) / Mitrais
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Tuesday, 14 August 12
SAKARI SIGNS HEADS OF AGREEMENT TO ACQUIRE SIX COAL CONCESSIONS IN INDONESIA
COALspot.com - Sakari has signed a Heads of Agreement (HOA) to acquire a 100% interest in up to six IUPs, covering an area of over 29,000 hectares, ...
Tuesday, 14 August 12
UNCERTAIN FUTURE FOR DRY BULK PANAMAX SHIPS - DREWRY / HELLENIC SHIPPING
The dry bulk shipping market is in a poor state, with the Capesize segment the worst of all. Unfortunately, the latest analysis from Drewry Maritime ...
Monday, 13 August 12
5TH VIETNAM PORTS AND LOGISTICS 2012
Press Release - Co-hosted by VINAMARINE, the 5th Vietnam Ports and Logistics2012 will feature dedicated sessions on port and transport infrastructur ...
Monday, 13 August 12
ACTIVE DRY BULK FLEET INCREASES BY 8% SO FAR IN 2012 IN TERMS OF TONNAGE CAPACITY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It’s no wonder that the dry bulk market has been tethering since the start of the year. the overflow of tonnage has been so enormous, that eve ...
Sunday, 12 August 12
COAL FREIGHT RATES FALL FLAT TO SOFT ON OVERSUPPLY, WEAK DEMAND - VISTAAR SINGAPROE
COALspot.com - The BDI continued its fall 10th August.
This week all segments were down including BDI down by 9.15 pct closing at 774 points .The ...
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- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- The University of Queensland
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- Australian Coal Association
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
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