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Wednesday, 05 August 20
NO NEW MINING LICENSES - A REMINDER TO GOVERNORS IN INDONESIA - SSEK
 Indonesia’s acting Director General of Mining and Coal (“DGMC”) has issued a letter to the country’s provincial Governors to emphasize that the moratorium on the issuance of new mining licenses is still in place.
DGMC letter No. 809/30.01/DJB/2020 (“DGMC Letter 809/2020”), issued July 9, 2020, emphasizes the transitional provision of Article 173C of Law No. 3 of 2020 regarding Amendment to Law No. 4 of 2009 regarding Mineral and Coal Mining (“Law 3/2020”). Article 173C of Law 3/2020 contemplates a moratorium on the issuance of new mining licenses by both the Minister of Energy and Mineral Resources and Governors.
This new letter is subsequent to DGMC letter No. 742/30.01/DJB/2020 dated June 18, 2020 (“DGMC Letter 742/2020”), which also serves to emphasize the transitional provision of Article 173C of Law 3/2020 and contains similar provisions to DGMC Letter 809/2020. That earlier letter stipulated as follows:
1. Governors shall not issue new mining licenses (for mineral and coal mining) for six months as of June 10, 2020, the date Law 3/2020 was promulgated, or until the implementing regulations for Law 3/2020 are issued.
2. Governors may, however, continue to process, according to their legal authority, licensing and non-licensing applications submitted by holders of existing mining licenses, limited to:
a. conversion of mining business license (izin usaha pertambangan or “IUP”) for exploration to an IUP for Production Operation;
b. extension of existing licenses, including extension of IUP for Production Operation specifically for transportation and sales;
c. adjustment of existing licenses due to change of capital investment status;
d. approval and recommendation related to the exercise of supervisory and advisory functions for mineral and coal mining business activities, such as approval of annual workplan and budget, approval of Chief Mine Officer (Kepala Teknik Tambang) and/or Deputy Chief Mine Officer (Wakil Kepala Teknik Tambang), approval of blasting permit (Kartu Izin Meledakkan), and approval of storage for explosives.
In DGMC Letter 742/2020, the acting DGMC further states that Governors shall not process applications submitted to Governors prior to June 10, 2020, which licenses based on such applications have not been issued.
DGMC Letter 809/2020 and DGMC Letter 742/2020 were issued to implement the provisions of Article 173C of Law 3/2020.
It is worth noting that Article 35 (i) and (iv) of Law 3/2020 shifts the mining license issuing authority to the central government pending the issuance of regulations delegating such authority to regional governments. It remains to be seen what the consequence will be, if any, for the mining license moratorium if the six months lapse and no implementing regulations for Law 3/2020 are issued.
This publication is intended for informational purposes only and does not constitute legal advice. Any reliance on the material contained herein is at the user’s own risk. You should contact a lawyer in your jurisdiction if you require legal advice. All SSEK publications are copyrighted and may not be reproduced without the express written consent of SSEK.
If you believe an article violates your rights or the rights of others, please contact us.
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Wednesday, 19 August 20
COAL INDIA TRADE UNIONS DEFER DAY-LONG STRIKE: PTI
The unions had decided to go on strike against the commercial mining and the proposed divestment or buyback of shares of Coal India Ltd (CIL).
...
Wednesday, 19 August 20
MISC MARKS ITS MAIDEN FORAY INTO MAJOR DEEP-WATER PROJECT IN LATIN AMERICA WITH MERO 3 FPSO
MISC Berhad (MISC) is pleased to announce its acceptance of Letter of Intent (LOI) from Petróleo Brasileiro S.A. (Petrobras) for the provisi ...
Wednesday, 19 August 20
MARKET INSIGHT - GEORGE LAIOS | INTERMODAL
Since the Covid-19 outbreak, governments and central banks around the globe have been using their ammunition and stimulus packages to keep their ec ...
Wednesday, 19 August 20
INDIA SAW A SHARP DECLINE IN ENERGY COAL IMPORTS IN JANUARY - JUNE 2020; –27 PER CENT YOY - BHP
Energy coal prices were weak in the second half of financial year 2020, BHP says in its Economic and Commodity Outlook FY20.
Accordi ...
Wednesday, 19 August 20
COAL PRICES TO REMAIN SUBDUED THIS FISCAL AMID WEAK DEMAND, HIGH INVENTORY - THE HINDU BUSINESS LINE
Coal offtake is improving gradually as lockdown eases
Coal prices are expected to remain subdued to weak demand and high inventory l ...
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Showing 826 to 830 news of total 6871 |
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- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Australian Coal Association
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- PTC India Limited - India
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
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