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Friday, 04 September 15
GOVERNORS WILL HAVE THE POWER TO REVOKE MINERS' PERMITS: ENERGY MINISTRY - JG
 Starting Oct. 1, Indonesia's governors will lawfully become "executors" in revoking the licenses of miners that fail to secure a "clean-and-clear" status, which includes various obligations to the state, the Indonesian English language news paper the Jakarta Globe reported.
According to the paper, the Energy Ministry's directorate general for minerals and coal is reviewing all mining activities currently running in the country, checking whether miners are complying with their obligations to the state, which include paying royalties, preserving the environment and ensuring their permits don't overlap with other mining areas or other business permits.
According to Law No. 23, 2014 on regional governments, governors will secure the mandate to revoke licenses of miners operating with Mining Business Permits (IUP) that fail the "clean-and-clear" requisite starting from Oct. 1, according to Sri Rahardjo, program director of mineral and coal at the ministry, quoted by JG.
"We'll classify IUP holders that are still not considered clean-and-clear," he said, underlining that miners have less than a month to comply.
The ministry has recorded a total of 10,432 IUP holders as of end of June. Of that figure, only 6,156 have secured the Energy Ministry's clean-and-clear status.
Miners are urged to re-check their licenses to ensure they don't overlap with other mining permits or the business permits of other companies. They must also review their royalty payments and annual charges, like land rent or dead rent.
Miners will also have to submit a report detailing their exploration activities, documents of feasibility studies and environmental permit papers.
The ministry will work with the Corruption Eradication Commission (KPK) to review the status of each miner, the paper says.
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Wednesday, 07 October 15
U.S. COAL EXPORTS FOR THE FIRST SEVEN MONTHS DOWN 21 PER CENT COMPARED WITH THE SAME PERIOD IN 2014 - EIA
Coal Supply
Lower U.S.’s domestic coal consumption and reduced exports contribute to a forecast decline of 89 million short tons (M ...
Wednesday, 07 October 15
SHIPPING MARKET INSIGHT - INTERMODAL
Sale and Purchase activity during the first three quarters of 2015 and more specifically during the summer season has been rather remarkable. 421 v ...
Wednesday, 07 October 15
INDONESIA COAL SWAPS HAVE CONTINUED TO DECLINE, FALLING ALMOST 7% M-M
COALspot.com: Indonesian coal swap for delivery Q4 2015 declined month on month and week over week.
The Q4 swap declined $ 2.23 (-5.51%) per t ...
Tuesday, 06 October 15
THE IMPACT OF LOW OIL PRICE ON THE SHIPPING INDUSTRY - LITERATED
The fall in global oil prices over the last one year has been beneficial to the shipping industry. The demand for oil tankers has picked up and the ...
Tuesday, 06 October 15
FOB RICHARDS BAY COAL SWAPS PLUNGE MORE THAN 6 PER CENT M-M
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 declined week over week and month over month.
The Q4 swap was down US$ ...
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- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
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- Savvy Resources Ltd - HongKong
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Ministry of Transport, Egypt
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- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
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- Commonwealth Bank - Australia
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- White Energy Company Limited
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- Chamber of Mines of South Africa
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- Singapore Mercantile Exchange
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- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
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- Tata Chemicals Ltd - India
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- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
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- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
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- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
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- Iligan Light & Power Inc, Philippines
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- Global Green Power PLC Corporation, Philippines
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- Planning Commission, India
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- MS Steel International - UAE
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- The University of Queensland
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
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- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Australian Coal Association
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- London Commodity Brokers - England
- Posco Energy - South Korea
- Videocon Industries ltd - India
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- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
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- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
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- Independent Power Producers Association of India
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- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
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- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
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