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Monday, 27 October 14
GOVT PROMISES TO EASE LICENSING PROCEDURES IN MINING SECTOR - THE JAKARTA POST
The Energy and Mineral Resources Ministry’s directorate general for mineral and coal plans to simplify the complicated licensing procedures in the country’s mining sector in order to boost investment, the Jakarta Post, one of the leading English language papers in Indonesia reported.
The simplification will reduce the number of required permits to only 71 types, from the 101 types that exist at present.
Out of the total 71 permits, 26 are issued by the energy ministry while another 51 are issued by other government agencies.
The paper further said, the director general for mineral and coal, R. Sukhyar, said the simplification would be carried out in the issuance of permits from his ministry because the issuance of the other 51 permits were handled by other government offices.
Permits to be reduced to 71 types from 101 types at present Simplification will cut red tape, and attract more investment New policy expected to be implemented next year; pending approval by new energy minister, according to JP.
“The cut in the number of permits is expected to improve efficiency. Of course, by doing so, we hope the mining sector will attract more investment,” he said.
Under the simplification plan, mining companies will no longer be required to obtain more than one permit for a single stage of the mining operations.
“To ensure that mining firms are actually performing the activities, they will have to report to us and we will perform an inspection,” Sukhyar said, as quoted by paper.
Under the plan, the mineral and coal office also plans to remove the requirement imposed on miners for the transportation of their production.
Sukhyar said the transportation of minerals and coal will be the full responsibility of mining firms. If they have no expertise in mineral and coal transportation, they can hire companies that offer those services, according to Sukhyar.
The plan to ease the licensing procedures will be submitted to the new energy and mineral resources minister Sudirman Said.
Sukhyar said he expected that a ministerial regulation regarding the proposal would be approved by the end of this year so that his office can start the implementation of the simplified permission process next year.
Mining companies welcomed the plan. The shorter bureaucratic process will significantly ease the mining business in the country and, in return, boost investment, said Bob Kamandanu of the Indonesian Coal Mining Association (APBI).
However, he said the plan to ease the licensing procedures should not weaken the government’s program to promote good mining principles.
“We don’t want the simplification to let mining firms ignore those matters,” Bob said.
He added that government officials should improve their supervision of the mining sector so that mining firms give true and correct reports of what they have performed
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Wednesday, 29 October 14
GOOD REASON WHY Q4 CAPESIZE OUTLOOK WAS SO BULLISH AT START OF THE YEAR - COMMODORE RESEARCH
COALspot.com: There was good reason why so many analysts' capesize outlook for Q4 was so very strong at the start of this year. Brazilian ...
Tuesday, 28 October 14
SGX'S FOB RICHARDS BAY COAL SWAP FOR DELIVERY Q1' 2015 CLOSED AT $ 68.07 ON 24 OCT
COALspot.com: API 4 FOB Richards Bay coal swap for Q4’ 2014 delivery decreased US$ 0.65 (-0.96%) month over month and increased US$ 1.79 (+2. ...
Tuesday, 28 October 14
SUB-BIT FOB INDONESIA COAL SWAP FOR Q1' 15 DELIVERY CLOSED 3.68% LOWER MONTH ON MONTH
COALspot.com: Indonesian coal swaps for delivery Q4' 2014 lost month on month and gained day on day and week on week.
The swap has lost US ...
Monday, 27 October 14
FOB NEWCASTLE COAL SWAP FOR Q1' 15 DELIVERY CLOSED $ 0.10 LESSER THAN Q4' 14 CLOSING OF $ 53.27 PMT
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2014 delivery decreased US$ 1.43 (-2.61%) month over month and increased US$ 0.05 (+0.09% ...
Monday, 27 October 14
CFR SOUTH CHINA COAL SWAPS PERFORMED POSITIVE THIS PAST WEEK
COALspot.com: API 8 CFR South China Coal swap for Q4’ 2014 delivery decreased US$ 1.68 (-2.55%) month over month and increased US$ 0.87 (+1.3 ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- Planning Commission, India
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- The University of Queensland
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
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