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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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Monday, 27 February 12
INDONESIAN COAL EXPORTS TO CHINA DROPS 39.76 PERCENT IN JANUARY 2012
COALspot.com: Indonesia, the world largest coal exporter, shipped 28.21* mln mt of coal in January 2012, slightly lower than its December 2011 ...
Monday, 27 February 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The pessimism in the dry market persists with the Baltic Dry Index still trying to find a steady pace of growth and average time charter earnings fo ...
Sunday, 26 February 12
THE FREIGHT RATES FOR INDONESIA TO INDIA IS LIKELY TO BE FIRM FOR NEXT 2/3 WEEKS - VISTAAR
COALspot.com – “There was not much change in the BDI and other indices this week except for the Panamax which was down by 11.91 pc ...
Friday, 24 February 12
DRY BULK MARKET POSTS FIRST REBOUND IN A WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was expected since mid-week, the dry bulk market's benchmark, the BDI (Baltic Dry Index) has managed to put a stop in a 6-day losing rally, endi ...
Thursday, 23 February 12
2.5 PANAMAX VESSELS PER AVAILABLE CARGO FOR MARCH DATES - FEARN BULK
Handy
Another depressing week for Supras in both basins. Lack of fresh business and over-supply of tonnage in the Atlantic pushed rates south. Cont ...
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Showing 4836 to 4840 news of total 6871 |
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- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- White Energy Company Limited
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Planning Commission, India
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
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