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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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Thursday, 05 July 12
BUMI ACHIEVES HIGHER SELLING PRICE IN FIRST QUARTER
COALspot.com - PT Bumi Resources Tbk (BUMI), Indonesia's largest coal producer and exporter, has successfully maintained a higher sales margin, des ...
Tuesday, 03 July 12
DRY BULK MARKET INCHED FORWARD AT THE START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched forward at the beginning of the new week, prior to the US holidays regarding the celebration of the 4th of July, which is ...
Monday, 02 July 12
ORPHEUS STRENGTHENS REVENUE STREAM WITH NEW ROYALTY AGREEMENT AT THE B2 COAL PROJECT
Orpheus Energy (ASX:OEG) is pleased to advise that it has executed a life of mine Royalty Agreement with Indonesian mining contractor PT Debbia Mini ...
Monday, 02 July 12
DRY BULK DEMAND TO RISE TO 3.6 BILLION TONNES IN 2012, BUT NEW BUILDING DELIVERIES ARE
In its latest analysis on the dry bulk market fundamentals, DVB Bank said that dry bulk cargo demand is forecast to rise to approximately 3.6 billio ...
Sunday, 01 July 12
AUSTRALIAS CARBON TAX - SUNIL K KUMBHAT
COALspot.com - Climate Change
Climate change and global warming have now become buzzwords the world over. The disastrous consequences for global ...
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- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- PTC India Limited - India
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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