COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Sunday, 17 June 12
S7 & S8 ROUTES ARE LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI gained some increase after continues fall for several weeks. The BDI increased by 47 points (up by 5.36 pct) closing at 92 ...


Saturday, 16 June 12
INDONESIAN SUB-BITUMINOUS COAL & CFR SOUTH CHINA COAL CONTRACT SWAPS ARE UNDER PRESSURE
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries seems to be under pressure this week.&nbs ...


Friday, 15 June 12
CAPESIZE - THE LEVELS THAT DID FIX ARE DOWN W-O-W LEVELS - FEARNLEYS
Handy Another slow-moving market with rates hovering at same level as last week. US Gulf positions fixed USD 25,000 for trips to Cont/Passero and S ...


Thursday, 14 June 12
SMALLER DRY BULK CARRIERS LIKELY TO FACE MORE CHALLENGES; DEMOLITION ACTIVITY SET FOR RECORD YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest update on the dry bulk markets, BIMCO said that China is partly “failing to deliver” on raw material imports that can affe ...


Wednesday, 13 June 12
LOW COAL PRICES COULD CHANGE SUPPLY SIDE DYNAMICS - FITCH RATINGS
Fitch Ratings believes that the weakness seen in thermal coal prices in recent months should reverse once demand from major importers recovers, alth ...


   937 938 939 940 941   
Showing 4691 to 4695 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Indonesia Power. PT
  • Humpuss - Indonesia
  • The University of Queensland
  • Miang Besar Coal Terminal - Indonesia
  • Bank of America
  • Indian Oil Corporation Limited
  • Thiess Contractors Indonesia
  • Adani Power Ltd - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Xindia Steels Limited - India
  • Maersk Broker
  • CCIC - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Ambuja Cements Ltd - India
  • Asmin Koalindo Tuhup - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • ANZ Bank - Australia
  • Madhucon Powers Ltd - India
  • Glencore India Pvt. Ltd
  • Iligan Light & Power Inc, Philippines
  • Sarangani Energy Corporation, Philippines
  • Vitol - Bahrain
  • Riau Bara Harum - Indonesia
  • Mercator Lines Limited - India
  • Tanito Harum - Indonesia
  • SUEK AG - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Qatrana Cement - Jordan
  • Billiton Holdings Pty Ltd - Australia
  • Directorate Of Revenue Intelligence - India
  • Deloitte Consulting - India
  • Mitra SK Pvt Ltd - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • ASAPP Information Group - India
  • IMC Shipping - Singapore
  • Binh Thuan Hamico - Vietnam
  • Gujarat Electricity Regulatory Commission - India
  • Global Green Power PLC Corporation, Philippines
  • Tata Power - India
  • Kaltim Prima Coal - Indonesia
  • IBC Asia (S) Pte Ltd
  • Thermax Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • Coal India Limited
  • Thomson Reuters GRC
  • Orica Australia Pty. Ltd.
  • Makarim & Taira - Indonesia
  • PTC India Limited - India
  • Indo Tambangraya Megah - Indonesia
  • New Zealand Coal & Carbon
  • Romanian Commodities Exchange
  • Merrill Lynch Bank
  • Indika Energy - Indonesia
  • Bharathi Cement Corporation - India
  • Adaro Indonesia
  • Indogreen Group - Indonesia
  • VISA Power Limited - India
  • Indonesian Coal Mining Association
  • Oldendorff Carriers - Singapore
  • Pendopo Energi Batubara - Indonesia
  • Semirara Mining Corp, Philippines
  • Clarksons - UK
  • Grasim Industreis Ltd - India
  • CoalTek, United States
  • U S Energy Resources
  • Sinarmas Energy and Mining - Indonesia
  • Cardiff University - UK
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • The State Trading Corporation of India Ltd
  • Carbofer General Trading SA - India
  • PowerSource Philippines DevCo
  • Lafarge - France
  • Coal Orbis AG
  • Core Mineral Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Kohat Cement Company Ltd. - Pakistan
  • Rudhra Energy - India
  • GVK Power & Infra Limited - India
  • Manunggal Multi Energi - Indonesia
  • Japan Coal Energy Center
  • Planning Commission, India
  • SRK Consulting
  • Runge Indonesia
  • Moodys - Singapore
  • Britmindo - Indonesia
  • Arutmin Indonesia
  • NALCO India
  • Indian School of Mines
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Enel Italy
  • Central Electricity Authority - India
  • White Energy Company Limited
  • Parliament of New Zealand
  • Electricity Authority, New Zealand
  • Rio Tinto Coal - Australia
  • NTPC Limited - India
  • Eastern Coal Council - USA
  • Global Coal Blending Company Limited - Australia
  • GNFC Limited - India
  • globalCOAL - UK
  • Cosco
  • Kepco SPC Power Corporation, Philippines
  • Gupta Coal India Ltd
  • TeaM Sual Corporation - Philippines
  • Parry Sugars Refinery, India
  • Deutsche Bank - India
  • Trasteel International SA, Italy
  • AsiaOL BioFuels Corp., Philippines
  • BRS Brokers - Singapore
  • Cement Manufacturers Association - India
  • McConnell Dowell - Australia
  • Asian Development Bank
  • San Jose City I Power Corp, Philippines
  • Baramulti Group, Indonesia
  • Aboitiz Power Corporation - Philippines
  • Platts
  • Therma Luzon, Inc, Philippines
  • Dalmia Cement Bharat India
  • HSBC - Hong Kong
  • Mjunction Services Limited - India
  • Coastal Gujarat Power Limited - India
  • Noble Europe Ltd - UK
  • TRAFIGURA, South Korea
  • Kapuas Tunggal Persada - Indonesia
  • Cemex - Philippines
  • Electricity Generating Authority of Thailand
  • Fearnleys - India
  • Coal and Oil Company - UAE
  • APGENCO India
  • GAC Shipping (India) Pvt Ltd
  • Petrochimia International Co. Ltd.- Taiwan
  • UBS Singapore
  • Kobexindo Tractors - Indoneisa
  • KEPCO - South Korea
  • Minerals Council of Australia
  • Berau Coal - Indonesia
  • Price Waterhouse Coopers - Russia
  • Attock Cement Pakistan Limited
  • India Bulls Power Limited - India
  • OCBC - Singapore
  • CIMB Investment Bank - Malaysia
  • Mitsui
  • Reliance Power - India
  • Lanco Infratech Ltd - India
  • Energy Link Ltd, New Zealand
  • Coalindo Energy - Indonesia
  • Goldman Sachs - Singapore
  • Gujarat Sidhee Cement - India
  • Karaikal Port Pvt Ltd - India
  • Barasentosa Lestari - Indonesia
  • Maybank - Singapore
  • Bank of China, Malaysia
  • ICICI Bank Limited - India
  • Ministry of Finance - Indonesia
  • MS Steel International - UAE
  • Siam City Cement - Thailand
  • Bangladesh Power Developement Board
  • Larsen & Toubro Limited - India
  • Chettinad Cement Corporation Ltd - India
  • Singapore Mercantile Exchange
  • Metalloyd Limited - United Kingdom
  • Uttam Galva Steels Limited - India
  • Bukit Makmur.PT - Indonesia
  • Economic Council, Georgia
  • Infraline Energy - India
  • European Bulk Services B.V. - Netherlands
  • Marubeni Corporation - India
  • ETA - Dubai
  • Heidelberg Cement - Germany
  • Tamil Nadu electricity Board
  • Shenhua Group - China
  • Jindal Steel & Power Ltd - India
  • Surastha Cement
  • Leighton Contractors Pty Ltd - Australia
  • JPMorgan - India
  • World Coal - UK
  • Bhatia International Limited - India
  • Standard Chartered Bank - UAE
  • Thailand Anthracite
  • Mechel - Russia
  • Africa Commodities Group - South Africa
  • London Commodity Brokers - England
  • Rashtriya Ispat Nigam Limited - India
  • Eastern Energy - Thailand
  • Antam Resourcindo - Indonesia
  • Global Business Power Corporation, Philippines
  • Coeclerici Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Intertek Mineral Services - Indonesia
  • Salva Resources Pvt Ltd - India
  • Vale Mozambique
  • Credit Suisse - India
  • Platou - Singapore
  • J M Baxi & Co - India
  • Cebu Energy, Philippines
  • Mitsubishi Corporation
  • Timah Investasi Mineral - Indoneisa
  • PNOC Exploration Corporation - Philippines
  • Ministry of Transport, Egypt
  • Commonwealth Bank - Australia
  • Xstrata Coal
  • SMC Global Power, Philippines
  • Bangkok Bank PCL
  • Mintek Dendrill Indonesia
  • Ind-Barath Power Infra Limited - India
  • CNBM International Corporation - China
  • Simpson Spence & Young - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Globalindo Alam Lestari - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Independent Power Producers Association of India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Aditya Birla Group - India
  • Bhushan Steel Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • TNPL - India
  • EIA - United States
  • Borneo Indobara - Indonesia
  • Thai Mozambique Logistica
  • PetroVietnam
  • Inspectorate - India
  • Maruti Cements - India
  • Kobe Steel Ltd - Japan
  • Port Waratah Coal Services - Australia
  • Indian Energy Exchange, India
  • ACC Limited - India
  • Videocon Industries ltd - India
  • Mercuria Energy - Indonesia
  • Gresik Semen - Indonesia
  • Energy Development Corp, Philippines
  • GB Group - China
  • Malabar Cements Ltd - India
  • Maheswari Brothers Coal Limited - India
  • Bulk Trading Sa - Switzerland
  • TNB Fuel Sdn Bhd - Malaysia
  • WorleyParsons
  • Edison Trading Spa - Italy
  • Renaissance Capital - South Africa
  • Tata Chemicals Ltd - India
  • Geoservices-GeoAssay Lab
  • Sindya Power Generating Company Private Ltd
  • Australian Coal Association
  • Posco Energy - South Korea
  • Wilmar Investment Holdings
  • Kumho Petrochemical, South Korea
  • Meralco Power Generation, Philippines
  • Permata Bank - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • GHCL Limited - India
  • Vijayanagar Sugar Pvt Ltd - India
  • JPower - Japan
  • SN Aboitiz Power Inc, Philippines
  • GN Power Mariveles Coal Plant, Philippines
  • PLN - Indonesia
  • Agrawal Coal Company - India
  • Kalimantan Lumbung Energi - Indonesia
  • Samtan Co., Ltd - South Korea
  • Latin American Coal - Colombia
  • Anglo American - United Kingdom
  • Banpu Public Company Limited - Thailand
  • McKinsey & Co - India
  • KPCL - India
  • Shree Cement - India
  • Arch Coal - USA
  • SGS (Thailand) Limited
  • Freeport Indonesia
  • Sucofindo - Indonesia
  • Essar Steel Hazira Ltd - India
  • Ernst & Young Pvt. Ltd.
  • Inco-Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • TGV SRAAC LIMITED, India
  • CESC Limited - India
  • TANGEDCO India
  • Central Java Power - Indonesia
  • Sakthi Sugars Limited - India
  • Formosa Plastics Group - Taiwan
  • MEC Coal - Indonesia
  • The India Cements Ltd
  • Vizag Seaport Private Limited - India
  • Barclays Capital - USA
  • Indorama - Singapore
  • Bukit Asam (Persero) Tbk - Indonesia
  • IEA Clean Coal Centre - UK
  • IHS Mccloskey Coal Group - USA
  • Ministry of Mines - Canada
  • Panama Canal Authority
  • Jorong Barutama Greston.PT - Indonesia
  • IOL Indonesia
  • Coaltrans Conferences
  • PetroVietnam Power Coal Import and Supply Company
  • Petrosea - Indonesia
  • Idemitsu - Japan
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Argus Media - Singapore
  • Malco - India
  • Thriveni
  • Petron Corporation, Philippines
  • Orica Mining Services - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Krishnapatnam Port Company Ltd. - India
  • Sojitz Corporation - Japan
  • Australian Commodity Traders Exchange
  • Power Finance Corporation Ltd., India
  • Samsung - South Korea
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Russian Coal LLC
  • The Treasury - Australian Government
  • ING Bank NV - Singapore
  • Star Paper Mills Limited - India
  • BNP Paribas - Singapore
  • Interocean Group of Companies - India
  • Straits Asia Resources Limited - Singapore
  • KOWEPO - South Korea
  • Medco Energi Mining Internasional
  • Siam City Cement PLC, Thailand
  • Chamber of Mines of South Africa
  • Maharashtra Electricity Regulatory Commission - India
  • PLN Batubara - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Jaiprakash Power Ventures ltd
  • SMG Consultants - Indonesia
  • Asia Cement - Taiwan
  • South Luzon Thermal Energy Corporation
  • EMO - The Netherlands
  • Bayan Resources Tbk. - Indonesia
  • World Bank
  • Cigading International Bulk Terminal - Indonesia
  • bp singapore
  • Pinang Coal Indonesia
  • LBH Netherlands Bv - Netherlands
  • Meenaskhi Energy Private Limited - India
  • Total Coal South Africa
  • Alfred C Toepfer International GmbH - Germany
  • SASOL - South Africa
  • Ince & co LLP
  • Sical Logistics Limited - India
  • RBS Sempra - UK
  • Altura Mining Limited, Indonesia
  • Cargill India Pvt Ltd
  • Merrill Lynch Commodities Europe
  • UOB Asia (HK) Ltd
  • Georgia Ports Authority, United States
  • Wood Mackenzie - Singapore
  • Vedanta Resources Plc - India
  • Jatenergy - Australia
  • Kideco Jaya Agung - Indonesia
  • Peabody Energy - USA
  • GMR Energy Limited - India
  • Bukit Baiduri Energy - Indonesia
  • KPMG - USA
  • Bhoruka Overseas - Indonesia
  • DBS Bank - Singapore
  • Savvy Resources Ltd - HongKong