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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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Friday, 01 June 12
COKAL ACCEPTED ON THE CLEAN AND CLEAR LIST FOR ITS BORNEO BARA PRIMA AND BUMI BARITO MINERAL PROJECTS
- Borneo Bara Prima (BBP) Project confirmed on the Clean and Clear List 9th May 2012
- Bumi Barito Mineral (BBM) Project confirmed on the Clean and ...
Friday, 01 June 12
ADARO BUYS MAJORITY STAKE IN AFFILIATED BHAKTI ENERGI - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk entered into an option to provide a convertible loan of up to US$500 million for a period of 3 ye ...
Thursday, 31 May 12
DRY BULK MARKET UNABLE TO FIND NEW SUPPORT TO REACH HIGHER LEVELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been unable to find new support and recover to higher levels during these past few days. As a result, the Baltic Dry Index ( ...
Wednesday, 30 May 12
ORPHEUS RAISES $2.24M TO ADVANCE INDONESIAN COAL PRODUCTION ASSETS
• $2.24 million raised from a placement to new and existing institutional and sophisticated investors from Australia and overseas
• Funds ...
Wednesday, 30 May 12
ARPENI SECURES TRANSSHIPMENT CONTRACT FROM BARUNA DIRGA
Insider Stories reported that, shipping operator PT Arpeni Pratama Ocean Line Tbk (APOL) has secured a 1-year coal transhipment contract of 4 millio ...
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Showing 4711 to 4715 news of total 6871 |
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- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- Makarim & Taira - Indonesia
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Australian Coal Association
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- The University of Queensland
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
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