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Monday, 27 February 12
COAL MINING PROFITS TOO HIGH, SAYS GOVT - TEMPO INTERACTIVE
Tempo Interactive reported that, Energy and Mineral Resources Deputy Minister of Indonesia Widjajono Partowidagdo has criticized coal-mining companies for taking too much profit. The profits of these companies, he said, reached 66 percent of total production, while the state only receives 34 percent of the profit.
“That’s too much. It’s different with the oil and gas industries that provide benefits for the state and the public,” he said in Balikpapan on Saturday.
This condition has led to rapid growth in the mining industry and the high production profit has also seen many Indonesian grow rich, he said. “Look at the list of the richest people in Indonesia according to Forbes magazine. Almost all of them are in the coal mining sector,” he said.
As such, Widjajono said the regulation on profit sharing in the coal mining sector between the government and contractor companies must be revised.
He said the Energy Ministry was now drafting a formula for coal mine profit sharing between coal companies and the state.
Source: Tempo Interactive
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Saturday, 04 February 12
SUPRAMAX DELIVERY SOUTH CHINA FOR TRIPS VIA INDONESIA WERE REPORTED AROUND $ 6,000 PER DAY - VISTAAR
COALspot.com - The markets continued to soften which dropped by almost 11 pct and BDI closing at 647 points.
The drop in BDI was mainly due to dr ...
Thursday, 02 February 12
NO RELIEF YET FOR DRY BULK SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although at the start of 2012 nobody can claim that the global seaborne trade has suddenly come to a halt, quite the contrary, it seems that the dry ...
Wednesday, 01 February 12
KRISHNAPATNAM PORT - GOING DEEP TO SOAR HIGH
COALspot.com - Krishnapatnam Port now rightfully claims as the deepest draft port in India, as it has started accepting vessels with maximum permiss ...
Wednesday, 01 February 12
IN JAMBI, MOST MINING COMPANIES LACK 'CLEAR-AND-CLEAN' PERMITS - JP
More than three-quarters of the 386 mining companies in Jambi lack “clear-and-clean” certifications from the government, according to an ...
Wednesday, 01 February 12
2% OF IBPS TOTAL CONCESSION AREA CONTAINS TOTAL COAL RESOURCE OF 56.1 MILLION TON
COALspot.com - PT. Britmindo, a mine consulting firm, has finalized PT. Insani Bara Perkasa (IBP) first JORC (Joint Ore Reserves Committee) res ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- The University of Queensland
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
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