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

Tuesday, 14 August 12
SAKARI SIGNS HEADS OF AGREEMENT TO ACQUIRE SIX COAL CONCESSIONS IN INDONESIA
COALspot.com - Sakari has signed a Heads of Agreement (HOA) to acquire a 100% interest in up to six IUPs, covering an area of over 29,000 hectares, ...


Tuesday, 14 August 12
UNCERTAIN FUTURE FOR DRY BULK PANAMAX SHIPS - DREWRY / HELLENIC SHIPPING
The dry bulk shipping market is in a poor state, with the Capesize segment the worst of all. Unfortunately, the latest analysis from Drewry Maritime ...


Monday, 13 August 12
5TH VIETNAM PORTS AND LOGISTICS 2012
Press Release - Co-hosted by VINAMARINE, the 5th Vietnam Ports and Logistics2012 will feature dedicated sessions on port and transport infrastructur ...


Monday, 13 August 12
ACTIVE DRY BULK FLEET INCREASES BY 8% SO FAR IN 2012 IN TERMS OF TONNAGE CAPACITY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It’s no wonder that the dry bulk market has been tethering since the start of the year. the overflow of tonnage has been so enormous, that eve ...


Sunday, 12 August 12
COAL FREIGHT RATES FALL FLAT TO SOFT ON OVERSUPPLY, WEAK DEMAND - VISTAAR SINGAPROE
COALspot.com - The BDI continued its fall 10th August. This week all segments were down including BDI down by 9.15 pct closing at 774 points .The ...


   922 923 924 925 926   
Showing 4616 to 4620 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 ...

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