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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, 30 March 12
RECOND NUMBERS SURROUNDING THE SUPRAMAX DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Last year proved to be both a record year in the number of deliveries of dry bulkers between 40,000dwt and 64,000dwt, as well as a record year in th ...
Thursday, 29 March 12
DRY BULK EDGED FURTHER UP, ON HEALTHY DEMAND FOR MOST SHIP TYPES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With capesize vessels finally reappearing in demand, the dry bulk market had an easier task of rising yesterday, as the BDI (Baltic Dry Index) reach ...
Thursday, 29 March 12
ADARO FY11 NET INCOME JUMPS 124% - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk (ADRO) today announced a 124% jump in net income to US$552 million last year or US$0.017 a share. ...
Wednesday, 28 March 12
CUESTA HAS RECEIVED APPLICATIONS AND FIRM BIDS IN EXCESS OF $9 MILLION FOR THE COMPANYS IPO
COALspot.com - The Directors of Cuesta Coal Limited (ASX:CQC) have announced that today it has received applications and firm bids in excess of $9 m ...
Wednesday, 28 March 12
ORPHEUS ENERGY TO COMMENCE JORC DRILLING AT ADK PROJECT
COALspot.com - Indonesian coal explorer and producer, Orpheus Energy (ASX:OEG), have today announced that the company is about to commence a drillin ...
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Showing 4786 to 4790 news of total 6871 |
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- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Global Green Power PLC Corporation, Philippines
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Independent Power Producers Association of India
- Parliament of New Zealand
- PTC India Limited - India
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
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