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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, 26 April 12
BUKIT ASAMS 1Q OPERATING PROFIT MARGIN HAS INCREASED BY 6% TO RP. 1 TRILLION
COALspot.com - PT. Bukit Asam (Persero), the Indonesia’s state owned coal miner's 1Q, 2012 revenue has increased by 31% to Rp. 3.02 trillion ...
Thursday, 26 April 12
TAIPOWER TO BUY 1.15 MILLION TONS OF 5000 GAR COAL
COALspot.com - Taiwan Power Company intends to procure 1.125million tons of sub-bituminous coal for Taipower thermal power plant through open tender ...
Thursday, 26 April 12
TAIPOWER TO BUY 375,000 MT OF 4800 GAR COAL
COALspot.com - Taiwan Power Company intends to procure 375,000 metric tons of low sulfur sub-bituminous coal for Taipower thermal power plant ...
Thursday, 26 April 12
ADK SHIPPED 28,000 TONNES OF COAL THIS MONTH
COALspot.com - Orpheus Energy (ASX:OEG) has announced that four coal barges carrying a total of approximately 28,000 tonnes of ADK (Alam Duta K ...
Thursday, 26 April 12
DRY BULK CARRIERS RENTER FLEET AFTER IDLING, ON MARKETS RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be back on track, not only solidifying the gains of the past couple of weeks, but also racing to new heights, recuperra ...
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- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- PTC India Limited - India
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
- Marubeni Corporation - India
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Minerals Council of Australia
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
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