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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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Tuesday, 25 August 15
INDONESIA MINERS' NPLS TO RISE FURTHER, BANK RISKS BUILD - FITCH
The NPLs of Indonesian mine and mine services companies are likely to rise further in the short term, says Fitch Ratings, after reaching multi-year ...
Tuesday, 25 August 15
MINER'S EARNINGS DROP ON FALLING COAL PRICES; Q2'16 FOB RICHARDS BAY COAL SWAP CLOSED AT $ 52.23 A TON
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week.
The 4Q swap was down US$ ...
Monday, 24 August 15
FOB NEWCASTLE COAL SWAPS HIT FRESH LOW, DIPPING BELOW $42 A TON
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 2.20 per MT (-5.01%) month over month to US$ 41.70 per mt. The swap ...
Monday, 24 August 15
Q1'16 CFR SOUTH CHINA COAL SWAP CLOSED AT $ 48.65 PMT
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US$ 1.89 (3.74%) per MT month over month.
A commodity ...
Monday, 24 August 15
IS CHINA'S STEEL EXPORTS ENOUGH TO SUPPORT THE FREIGHT MARKET? - BIMCO
No, it’s not enough, you will need lower Chinese iron ore production too in order to keep growing imports of iron ore into China that will su ...
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- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
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