COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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’s says it doubts the government will implement them strictly.

“Whether the government of Indonesia will follow up on its hard-line stance is still a question,” the ratings agency said in its latest report on mining.

However, S&P added that “our ratings on mining companies operating in Indonesia have long factored in the country’s evolving regulations. Therefore, our credit outlook on the sector remains stable.”

The government this year issued a series of controversial mining regulations, including plans for an ore export ban, higher royalties, a ceiling on foreign ownership of mining assets, a required upgrade in coal quality before export and so-called “contract of work” renegotiations.

“Not a week has passed without government officials calling for additional royalties, a review of ownership rules or a more equal redistribution of mineral wealth,” S&P said in the report.

Industry Minister M.S. Hidayat was on Thursday quoted by Reuters reiterating an earlier statement by his ministry that the government is studying a 25 percent tax on mining exports this year that will become a 50 percent tax in 2013.

S&P said that if the move is strictly implemented, it “would undeniably hurt Indonesian mining companies as well as international companies that have mining operations in Indonesia. It would raise the cost of doing business in the sector and lessen its attractiveness to investors.”

The ratings agency said that it believed “the government of Indonesia will take a pragmatic approach while implementing mining regulations, given the sector’s economic importance.”

Last year, the government received $6.5 billion in taxes and royalties from mining companies, constituting 5 percent of total government revenue.

Dileep Srivastava, the investor relations director at large coal miner Bumi Resources, expressed concern about the tax.

“If this is enacted, some of our metals and minor coal assets may be vulnerable,” he said.

“But it is premature to form any view yet.”
Source: The Jakarta Globe



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 08 September 12
INDO INDIA ROUTE FREIGHT FOR SUPRAMAX REMAINS STRONG - CAPT. REDDY
COALspot.com - The freight market overall remained weak and except for cape index all other sectors were down. The biggest drop was in the Panamax s ...


Saturday, 08 September 12
RIO TINTO COMPLETES ACQUISITION OF BHP BILLITON'S INTERESTS IN RICHARDS BAY MINERALS
Rio Tinto has doubled its holding in Richards Bay Minerals (RBM) following the completion of its acquisition of BHP Billiton’s entire inte ...


Friday, 07 September 12
HBA GAINS $ 1.56 PER MT IN SEPTEMBER
COALspot.com -  The Indonesian government’s declared coal reference price has gained US$ 1.56 per MT  M-o-M. This is the first gain ...


Thursday, 06 September 12
SOME ANCHORED PANAMAX VESSELS WAITING FOR CARGOS TO COME
Handy According to Fearnleys weekly report, in the smaller segments Fearnleys sees little to no changes since last week. There are still entering s ...


Thursday, 06 September 12
DRY BULK CARRIERS STILL IN HIGH DEMAND AMONG SHIP OWNERS, BUT NEWBUILDING ACTIVITY SLIDES IN AUGUST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The slide of the dry bulk market this year hasn't abated ship owners' appetite for dry bulk carriers, as evidenced by the steady interest expresse ...


   916 917 918 919 920   
Showing 4586 to 4590 news of total 6871
News by Category
Popular News
 
Total Members : 28,696
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Thomson Reuters GRC
  • Platou - Singapore
  • SUEK AG - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Simpson Spence & Young - Indonesia
  • Gresik Semen - Indonesia
  • McConnell Dowell - Australia
  • Dalmia Cement Bharat India
  • Merrill Lynch Bank
  • Indika Energy - Indonesia
  • Britmindo - Indonesia
  • EIA - United States
  • Kideco Jaya Agung - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Indorama - Singapore
  • Indian School of Mines
  • Manunggal Multi Energi - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • VISA Power Limited - India
  • Gujarat Electricity Regulatory Commission - India
  • White Energy Company Limited
  • SMC Global Power, Philippines
  • Sical Logistics Limited - India
  • Tamil Nadu electricity Board
  • SN Aboitiz Power Inc, Philippines
  • Mercator Lines Limited - India
  • Qatrana Cement - Jordan
  • Humpuss - Indonesia
  • Sakthi Sugars Limited - India
  • CNBM International Corporation - China
  • Malabar Cements Ltd - India
  • Tata Power - India
  • ANZ Bank - Australia
  • Alfred C Toepfer International GmbH - Germany
  • Orica Australia Pty. Ltd.
  • Vedanta Resources Plc - India
  • Berau Coal - Indonesia
  • Salva Resources Pvt Ltd - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Thermax Limited - India
  • McKinsey & Co - India
  • Indian Oil Corporation Limited
  • Agrawal Coal Company - India
  • Bangladesh Power Developement Board
  • GB Group - China
  • Directorate Of Revenue Intelligence - India
  • Mitsui
  • Thailand Anthracite
  • Aboitiz Power Corporation - Philippines
  • Commonwealth Bank - Australia
  • Baramulti Group, Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Kumho Petrochemical, South Korea
  • Deloitte Consulting - India
  • CIMB Investment Bank - Malaysia
  • Sindya Power Generating Company Private Ltd
  • Pipit Mutiara Jaya. PT, Indonesia
  • GHCL Limited - India
  • Asmin Koalindo Tuhup - Indonesia
  • Orica Mining Services - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Oldendorff Carriers - Singapore
  • Minerals Council of Australia
  • TNB Fuel Sdn Bhd - Malaysia
  • Ministry of Mines - Canada
  • Semirara Mining and Power Corporation, Philippines
  • Gujarat Sidhee Cement - India
  • UBS Singapore
  • Freeport Indonesia
  • PTC India Limited - India
  • Central Electricity Authority - India
  • Electricity Generating Authority of Thailand
  • Economic Council, Georgia
  • Shenhua Group - China
  • Bulk Trading Sa - Switzerland
  • Jorong Barutama Greston.PT - Indonesia
  • J M Baxi & Co - India
  • Vizag Seaport Private Limited - India
  • The India Cements Ltd
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • PowerSource Philippines DevCo
  • Mitsubishi Corporation
  • Tanito Harum - Indonesia
  • Xindia Steels Limited - India
  • Leighton Contractors Pty Ltd - Australia
  • Petron Corporation, Philippines
  • Indo Tambangraya Megah - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Asian Development Bank
  • GVK Power & Infra Limited - India
  • Bukit Baiduri Energy - Indonesia
  • SRK Consulting
  • Coal India Limited
  • PetroVietnam Power Coal Import and Supply Company
  • Coaltrans Conferences
  • Coeclerici Indonesia
  • IMC Shipping - Singapore
  • Miang Besar Coal Terminal - Indonesia
  • NALCO India
  • Star Paper Mills Limited - India
  • Meenaskhi Energy Private Limited - India
  • Standard Chartered Bank - UAE
  • Bayan Resources Tbk. - Indonesia
  • Samtan Co., Ltd - South Korea
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Sarangani Energy Corporation, Philippines
  • Clarksons - UK
  • Cebu Energy, Philippines
  • Carbofer General Trading SA - India
  • India Bulls Power Limited - India
  • JPMorgan - India
  • Bukit Makmur.PT - Indonesia
  • Infraline Energy - India
  • Fearnleys - India
  • KEPCO - South Korea
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Planning Commission, India
  • Mechel - Russia
  • San Jose City I Power Corp, Philippines
  • AsiaOL BioFuels Corp., Philippines
  • Aditya Birla Group - India
  • Lanco Infratech Ltd - India
  • Marubeni Corporation - India
  • NTPC Limited - India
  • Parliament of New Zealand
  • Maybank - Singapore
  • Idemitsu - Japan
  • Iligan Light & Power Inc, Philippines
  • Jatenergy - Australia
  • WorleyParsons
  • Permata Bank - Indonesia
  • Mjunction Services Limited - India
  • ASAPP Information Group - India
  • Petrosea - Indonesia
  • Sojitz Corporation - Japan
  • Parry Sugars Refinery, India
  • Intertek Mineral Services - Indonesia
  • Deutsche Bank - India
  • Bank of China, Malaysia
  • Coastal Gujarat Power Limited - India
  • Maheswari Brothers Coal Limited - India
  • RBS Sempra - UK
  • Coal Orbis AG
  • Mintek Dendrill Indonesia
  • Energy Link Ltd, New Zealand
  • Wilmar Investment Holdings
  • Karbindo Abesyapradhi - Indoneisa
  • Vitol - Bahrain
  • Mercuria Energy - Indonesia
  • Mitra SK Pvt Ltd - India
  • Price Waterhouse Coopers - Russia
  • UOB Asia (HK) Ltd
  • Argus Media - Singapore
  • Posco Energy - South Korea
  • DBS Bank - Singapore
  • Credit Suisse - India
  • Noble Europe Ltd - UK
  • Panama Canal Authority
  • TNPL - India
  • OCBC - Singapore
  • Cement Manufacturers Association - India
  • Maersk Broker
  • Kobexindo Tractors - Indoneisa
  • Directorate General of MIneral and Coal - Indonesia
  • Malco - India
  • Kaltim Prima Coal - Indonesia
  • IOL Indonesia
  • APGENCO India
  • Global Green Power PLC Corporation, Philippines
  • CESC Limited - India
  • Jindal Steel & Power Ltd - India
  • CoalTek, United States
  • Coal and Oil Company - UAE
  • International Coal Ventures Pvt Ltd - India
  • Globalindo Alam Lestari - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Sinarmas Energy and Mining - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Indonesia Power. PT
  • Chettinad Cement Corporation Ltd - India
  • OPG Power Generation Pvt Ltd - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Holcim Trading Pte Ltd - Singapore
  • World Bank
  • IEA Clean Coal Centre - UK
  • Bahari Cakrawala Sebuku - Indonesia
  • Savvy Resources Ltd - HongKong
  • Runge Indonesia
  • Barclays Capital - USA
  • Altura Mining Limited, Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Billiton Holdings Pty Ltd - Australia
  • Russian Coal LLC
  • Gupta Coal India Ltd
  • MS Steel International - UAE
  • Straits Asia Resources Limited - Singapore
  • Semirara Mining Corp, Philippines
  • Therma Luzon, Inc, Philippines
  • IBC Asia (S) Pte Ltd
  • Eastern Coal Council - USA
  • Grasim Industreis Ltd - India
  • Bank of America
  • Edison Trading Spa - Italy
  • BRS Brokers - Singapore
  • Rio Tinto Coal - Australia
  • Kalimantan Lumbung Energi - Indonesia
  • Inspectorate - India
  • Toyota Tsusho Corporation, Japan
  • Vale Mozambique
  • Australian Commodity Traders Exchange
  • Lafarge - France
  • SGS (Thailand) Limited
  • Meralco Power Generation, Philippines
  • TANGEDCO India
  • MEC Coal - Indonesia
  • Trasteel International SA, Italy
  • ICICI Bank Limited - India
  • Pinang Coal Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • New Zealand Coal & Carbon
  • London Commodity Brokers - England
  • Japan Coal Energy Center
  • Africa Commodities Group - South Africa
  • Interocean Group of Companies - India
  • GNFC Limited - India
  • Thriveni
  • Central Java Power - Indonesia
  • Romanian Commodities Exchange
  • Karaikal Port Pvt Ltd - India
  • Tata Chemicals Ltd - India
  • Jaiprakash Power Ventures ltd
  • Eastern Energy - Thailand
  • Makarim & Taira - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Bharathi Cement Corporation - India
  • The State Trading Corporation of India Ltd
  • Arutmin Indonesia
  • Formosa Plastics Group - Taiwan
  • ING Bank NV - Singapore
  • TGV SRAAC LIMITED, India
  • Videocon Industries ltd - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Geoservices-GeoAssay Lab
  • Ambuja Cements Ltd - India
  • SASOL - South Africa
  • CCIC - Indonesia
  • Goldman Sachs - Singapore
  • Riau Bara Harum - Indonesia
  • ETA - Dubai
  • Madhucon Powers Ltd - India
  • Adaro Indonesia
  • PLN - Indonesia
  • Reliance Power - India
  • Total Coal South Africa
  • JPower - Japan
  • U S Energy Resources
  • TRAFIGURA, South Korea
  • Indogreen Group - Indonesia
  • The University of Queensland
  • Coalindo Energy - Indonesia
  • Adani Power Ltd - India
  • Binh Thuan Hamico - Vietnam
  • South Luzon Thermal Energy Corporation
  • Bangkok Bank PCL
  • Siam City Cement - Thailand
  • Electricity Authority, New Zealand
  • BNP Paribas - Singapore
  • Antam Resourcindo - Indonesia
  • bp singapore
  • Indonesian Coal Mining Association
  • Enel Italy
  • Moodys - Singapore
  • Independent Power Producers Association of India
  • Ministry of Finance - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Ince & co LLP
  • Indian Energy Exchange, India
  • Siam City Cement PLC, Thailand
  • Barasentosa Lestari - Indonesia
  • TeaM Sual Corporation - Philippines
  • Inco-Indonesia
  • Glencore India Pvt. Ltd
  • ACC Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Xstrata Coal
  • Attock Cement Pakistan Limited
  • Kobe Steel Ltd - Japan
  • PNOC Exploration Corporation - Philippines
  • Maruti Cements - India
  • Singapore Mercantile Exchange
  • GMR Energy Limited - India
  • LBH Netherlands Bv - Netherlands
  • Sree Jayajothi Cements Limited - India
  • Thai Mozambique Logistica
  • Kohat Cement Company Ltd. - Pakistan
  • Essar Steel Hazira Ltd - India
  • Australian Coal Association
  • Ind-Barath Power Infra Limited - India
  • Rudhra Energy - India
  • Banpu Public Company Limited - Thailand
  • Krishnapatnam Port Company Ltd. - India
  • Arch Coal - USA
  • SMG Consultants - Indonesia
  • Core Mineral Indonesia
  • Kepco SPC Power Corporation, Philippines
  • KOWEPO - South Korea
  • Neyveli Lignite Corporation Ltd, - India
  • globalCOAL - UK
  • Merrill Lynch Commodities Europe
  • Platts
  • Shree Cement - India
  • Cemex - Philippines
  • Latin American Coal - Colombia
  • Ernst & Young Pvt. Ltd.
  • Anglo American - United Kingdom
  • Samsung - South Korea
  • KPCL - India
  • PetroVietnam
  • Georgia Ports Authority, United States
  • EMO - The Netherlands
  • KPMG - USA
  • HSBC - Hong Kong
  • GAC Shipping (India) Pvt Ltd
  • Sucofindo - Indonesia
  • Peabody Energy - USA
  • Bhushan Steel Limited - India
  • World Coal - UK
  • Ministry of Transport, Egypt
  • Surastha Cement
  • Uttam Galva Steels Limited - India
  • Asia Cement - Taiwan
  • Metalloyd Limited - United Kingdom
  • Power Finance Corporation Ltd., India
  • Heidelberg Cement - Germany
  • Thiess Contractors Indonesia
  • Renaissance Capital - South Africa
  • Cosco
  • The Treasury - Australian Government
  • Global Business Power Corporation, Philippines
  • Borneo Indobara - Indonesia
  • Wood Mackenzie - Singapore
  • Cargill India Pvt Ltd
  • Medco Energi Mining Internasional
  • Port Waratah Coal Services - Australia
  • Larsen & Toubro Limited - India
  • Energy Development Corp, Philippines
  • Chamber of Mines of South Africa
  • Bhoruka Overseas - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Cardiff University - UK
  • GN Power Mariveles Coal Plant, Philippines
  • Bhatia International Limited - India
  • PLN Batubara - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia