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Monday, 12 November 12
THE ESTABLISHMENT OF NORTH KALIMANTAN AS A NEW PROVINCE WILL NOT AFFECT THE LOCAL MINING COMPANIES
The government of Indonesia has ensured that the establishment of North Kalimantan as a new province will not affect the local mining companies operating in regencies formerly under the East Kalimantan administration. Local mining businesses in Bulangan, Malinau, Nunukan, Tana Tidung and Tarakan regencies, which were previously part of East Kalimantan province, would not, for example, have to apply for new permits, said Deputy Energy and Mineral Resources Minister Rudi Rubiandini, according to The Jakarta Post, one of the leading English news paper in Indonesia.
“The mining permits [IUPs] for small-scale mining businesses must promptly hand over the documents to the new administration so the latter can publish new certificates. “The mining businesses will only have to reregister themselves to the North Kalimantan provincial administration for administrative purposes,” Rudi said, the paper reported.
Larger mining companies operating under contracts of work agreements with the central government would not have to re-register with the new regional administration, the deputy minister said.
The new province, which is rich in oil, gas and coal, will have Tanjung Selor as its capital and will span a total area of 71,176.72 square kilometers with around 622,350 residents. Its regencies will comprise Bulungan, Malinau, Nunukan, Tana Tidung and Tarakan, The Jakarta post reported.
Currently, 15 coal mining companies operate in Tana Tidung, whose concession areas spanned 37,708 hectares as of 2009, according to data from the local administration. In Nunukan, at least 13 mining companies are exploring coal potential in the region.
“The government must strengthen its control in the management of the mining industry in the regions and to oversee the new provincial administration establish its mining policy over the next 12 months,” said Syahrir Abubakar, executive director of Indonesian Mining Association (IMA), according to the Jakarta Post.
Source: The Jakarta Post ( To read more click here)
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Sunday, 09 December 12
LOW DEMAND PUSHES CHARTER RATES TOWARDS DOWN - VISTAAR
COALspot.com - The freight market has softened and BDI, The Baltic Dry Index, a measure of shipping costs for dry bulk goods, plunged below 10 ...
Friday, 07 December 12
A NEW PHASE FOR AUSTRALIAN RESOURCES - A FITCH STREET INTERVIEW
This week Matt Jamieson spoke with Andrew Colquhoun in Fitch's Asian sovereign rating team, and Vicky Melbourne, Fitch's commodity analyst based i ...
Friday, 07 December 12
SHIPPING INDUSTRY LOOKING ON YET ANOTHER TOUGH YEAR AS WE APPROACH 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With shipping finance "on the ropes" as traditional lenders appear to be cutting their losses and tonnage oversupply still the most import ...
Thursday, 06 December 12
PANAMAX : THE POSITIVE VIBES IN THE ATLANTIC REMAINS - FEARNLEYS AS
Handy
The Atlantic market is still depressed with dearth of cargoes and more ships. The trips from Continent to Feast fixed around USD 12k. Trips f ...
Thursday, 06 December 12
STRONG CHINESE DEMAND FOR DRY BULK COMMODITIES EXPECTED FOR 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A new analysis from BIMCO released yesterday suggests that 2013 is expected to be a stronger year in terms of China's "hunger" for commod ...
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- San Jose City I Power Corp, Philippines
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
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- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
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- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
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- Independent Power Producers Association of India
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- Bangladesh Power Developement Board
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- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Deloitte Consulting - India
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- Electricity Generating Authority of Thailand
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- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
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- Electricity Authority, New Zealand
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- Trasteel International SA, Italy
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- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- Eastern Coal Council - USA
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- Semirara Mining Corp, Philippines
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- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Maharashtra Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
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- PTC India Limited - India
- Formosa Plastics Group - Taiwan
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- Orica Australia Pty. Ltd.
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- Romanian Commodities Exchange
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- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
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- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Makarim & Taira - Indonesia
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- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
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- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
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- Aditya Birla Group - India
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- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
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- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Kaltim Prima Coal - Indonesia
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- The State Trading Corporation of India Ltd
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- Indian Energy Exchange, India
- Thiess Contractors Indonesia
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- Australian Coal Association
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- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
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