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

Wednesday, 06 June 12
INDONESIAN GOVERNMENT'S DECLARED COAL PRICES CONTINUING ITS DECLINE
COALspot.com -  Indonesian HBA fell to lowest level since January 2011 in June 2012. The monthly coal reference price for coal sales this month ...


Monday, 04 June 12
MITRABAHTERA SUBSIDIARY SECURES CONTRACT FROM BERAU COAL - INSIDER STORIES
Insider Stories reported that, PT Mitra Alam Segara Sejati, a subsidiary that is 60% owned by PT Mitrabahtera Segara Sejati Tbk (MBSS), has secur ...


Sunday, 03 June 12
TTI ESTABLISHES COAL TRADING & MARKETING OFFICE
COALspot.com - TTI has officially established its coal trading, marketing-office in Jakarta, Indonesia. PT. Gunung Tinggi Coal is the TTI’s fi ...


Sunday, 03 June 12
FREIGHT MARKET CONTINUING ITS DECLINE
COALspot.com - The BDI continued to fall for the fifth straight week and the BDI fell by 2.57 pct this week closing at 904 points. The Cape Size ...


Friday, 01 June 12
TNPL HAS SECURED 300K MT OF 6000 GAD COAL AT US$ 81 CNF TUTICORIN
COALspot.com - An India based coal trader Adani has offered the lowest price of US$ 81.00 per metric ton for calorific value of 6000 GAD and 15 perc ...


   940 941 942 943 944   
Showing 4706 to 4710 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 ...

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