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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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Wednesday, 18 April 12
INDONESIA TO INTRODUCE EXPORT DUTY ON MINERAL ORES BY 6 MAY 2012
The Indonesian government is scheduled to issue regulation on export duty for minerals before May 6, 2012.
According to Bisnis Indonesia, as quot ...
Sunday, 15 April 12
THE SPOT FIXTURE RATES FOR SUPRAMAX IN SE ASIA SAW SOME SOFTENING OF CHARTER RATES - VISTAAR
COALspot.com - The market seem to be holding and except for Supramax and handy size index all other index was up with BDI up by 4.74 pct closing at ...
Friday, 13 April 12
MINERS OPPOSE GOVTS EXPORT TAX PLAN - THE JAKARTA POST
The Jakarta Post reported that, Indonesian mining companies have strongly protested the government’s plan to impose a 25 percent export tax on ...
Friday, 13 April 12
S&P CAUTIONS AGAINST NEW INDONESIAN MINING REGULATIONS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Investors may have expressed concerns about looming new mining regulations, but ratings agency Standard & Poor& ...
Thursday, 12 April 12
FIRST QUARTER OF 2012 SAW AN ADDITIONAL 24.2 MILLION DWT OF DRY BULK CARRIERS ENTERING THE FLEET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The inflow of newbuilt dry bulk vessels was larger than expected in the first quarter of 2012. As much as 24.2 million DWT were added to the fleet. ...
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- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
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- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- MS Steel International - UAE
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- GMR Energy Limited - India
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