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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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- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Central Java Power - Indonesia
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
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