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Friday, 10 February 12
GIVE PERMIT POWERS TO GOVERNORS: MINERS - THE JAKARTA POST
 The Jakarta Post reported that, following clashes between mining companies and local residents, the Indonesian Mining Association (IMA) wants to transfer the right to issue mining permits (IUP) from regents to governors.
IMA executive director Syahrir AB said the central government had to regulate the mining sector to stop regents from issuing overlapping permits and must intervene and solve problems directly if something went wrong.
“Governors, as representatives of the central government, will be more effective in controlling the regions, including supervising what the regents are doing,” Syahrir told reporters after meeting with Energy and Mineral Resources Minister Jero Wacik on Thursday in Jakarta.
The 2009 Minerals and Coal Law grants regents the sole right to issue or revoke IUPs. However, in practice, many problems have appeared since the law was enacted, as different regents have issued conflicting permits for the same areas.
According to the minerals and coal directorate at the Energy and Mineral Resources Ministry, around 60 percent of the 9,662 mining permits issued locally across the nation lacked “clean-and-clear” certification, as they either overlapped with other permits or were not issued correctly.
Syahrir said Indonesia would need a legal instrument to strip regents of their licensing power and to transfer it to governors, such as new government regulations or a revision of the law on minerals and coal.
“We have discussed that with Minister Jero. The response was positive, but it’s just the very beginning of the process. We have just suggested it,” Syahrir said.
Syahrir also said that he and Jero discussed clashes between mining companies, local administrations and local residents.
In the most recent violence, a crowd set fire to Vale Indonesia’s base camp in Morowali, Central Sulawesi, on Monday, demanding that the company stop local operations since local residents did not benefit.
In December, two men were killed by the police in Bima, West Nusa Tenggara, as officers tried to diffuse a protest against PT Sumber Mineral Nusantara (SMN).
Local residents claimed that the company’s operations might disrupt their farms and plantations. Bima Regent Ferry Zulkarnain eventually revoked Sumber Mineral Nusantara’s IUP.
Separately, a mining expert at the ReforMiner Institute, Pri Agung Rakhmanto, said the clashes and permit problems might send a bad message to investors on Indonesia’s investment climate.
Rakhmanto said the clashes were brought on by three factors. First, many impoverished local residents felt that nearby mining activities did not directly improve their living standards.
Second, local administrations were not transparent in informing the people about how much they received from mining activities. Third, the management of mining areas in the nation was still far below expectations.
“The central government actually has the authority to classify and map mining areas, which should be the basis for local administrations to issue IUPs. However, the classification and mapping process have not been completed,” he told The Jakarta Post.
A lawmaker on House of Representatives Commission VII overseeing mining and energy, Satya W. Yudha from the Golkar party, said the House would consider transfering IUP issuance power to governors when it revised the law on minerals and coal.
Source: The Jakarta Post (Rangga D. Fadillah)
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Thursday, 26 January 12
ABM INVESTAMA SEALS US$100 MIO CONTRACT - INSIDER STORIES
Insider Stories reported that, PT Reswara Minergi Hartama, a subsidary of PT ABM Investama Tbk (ABMM), has sealed a 2 million tons of coal export co ...
Thursday, 26 January 12
DRY BULK MARKETS DOWNFALL KNOWS NO LIMITS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s demise seems to have no visible end, as China’s Lunar Year Holidays continue this week, thus leaving demand with n ...
Wednesday, 25 January 12
CLEAN AND CLEAR MINING PERMITS TO BE COMPLETED END OF 2012 - BISNIS.COM
Bisnis.com reported that, the government plans to announce 700 mining permits with "clean and clear" status without overlapping on other p ...
Tuesday, 24 January 12
ANOTHER SEVERE DROP IN THE CAPESIZE - BRS
The lunar year celebrations and the high number of new building deliveries (more than 35 Capes so far in January as owners push 2011 deliveries into ...
Tuesday, 24 January 12
BUKIT ASAM FY11 NET PROFIT SURGES 50% - INSIDER STORIES
Insider Stories reported that, the state-controlled PT Bukit Asam Tbk (PTBA) estimated to book Rp3 trillion (approximately US$ 335,570,469) net prof ...
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- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Parliament of New Zealand
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Planning Commission, India
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
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