We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 28 December 09
GOVT EYES $3.57B MINING, GEOTHERMAL INVESTMENT
 The country can expect up to US$3.57 billion in investment in mining and geothermal energy next year, which would represent an increase by more than 90 percent of realized investment this year, a senior official says.
For this year, the government predicted investment in the sector would reach $2.33 billion, but only about 80 percent of that target has been achieved so far, according to Witoro Soelarno, the secretary to the directorate general for minerals, coal and geothermal energy at the Energy and Mineral Resources Ministry.
Next year will be another important year for the country’s mining industry as four long awaited implementation regulations to the new mining law are expected to be issued in January.
The implementation regulations, covering mining areas, coal and mineral businesses, mining supervision, reclamation and postmining issues, are expected to provide legal certainty and boost investors’ confidence in developing the country’s mining and geothermal reserves, he said.
However, Witoro added that major investment next year would still come from existing concessions rather than new mining licenses issued under the recent law.
“Most of the investment in 2010 will come from existing mining contracts. Investment from new mining licenses will not dominate,” he said in a text message sent over the weekend.
“The increase in investment as a result of the new regulations cannot be estimated yet because the 2010 work and budget plan [from miners] is still being evaluated.
“The potential for new mining licenses from regions is also difficult to evaluate at this stage as
the reports are very minimal,” Witoro said.
Indonesia has suffered from a prolonged investment drought in the mining sector for the last 10 years, including in 2007 when commodity prices peaked.
Global mining industry consultant PricewaterhouseCoopers (PwC) said that mining companies operating in Indonesia had so far only invested in maintaining existing operations, while investment in greenfield exploration was very minimal.
Despite the pros and cons of the new mining law, the government expects the law will reduce legal uncertainty and attract more investors to explore the country’s mining potential.
The industry’s concrete response to the law will only be clear after the implementation regulations are issued.
However, Irwandy Arif, chairman of the Association of Indonesian Mining Professionals (PERHAPI), said the effect of the law on investment inflow would not be immediate.
“It will take some time to harmonize all the regulations,” he said.
Irwandy predicted that investment in 2010 would remain focused on additional capital spending for existing concessions rather than the exploration of greenfield areas.
He said these considerations were based not only on the new regulations, but also on the fact that commodity prices remained low.
“Many institutions estimate that commodity prices will remain low, at least until the end of 2010,”
he said.
Source: The Jakarta Post
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 09 January 10
THE FAR EAST MARKET STARTED TO STABILIZE - FEARNLEYS
Handy
The FEAST market started to stabilize after the quite holidays and we saw growing activity fed by Chinese coal and iron ore imports and Indi ...
Saturday, 09 January 10
IMPORTED, LOCAL COAL TO BE MIXED IN POWER DRIVE
The government is likely to create a pool price of coal, wherein imported coal and Indian coal could be mixed, making the imported coal becomes more ...
Friday, 08 January 10
SA COAL PRICES TO SPIKE ON RESUMED INDIA BUYING
South African coal prices are set for another price surge to over $100 a ton FOB as Indian and Chinese buyers compete for limited prompt supply, pro ...
Friday, 08 January 10
COLOMBIAN COAL STARTS TO MOVE TO CHINA - TRADERS
* Producer sells cape cargo Colombian coal to China
* Firm bids in freight market
* More shipments expected
Colombian coal is starting to move ...
Thursday, 07 January 10
PT. BUKIT ASAM TO BUILD NEW COAL LOADING TERMINAL AND COAL LOADER
COALspot.com (Indonesia): PT Bukit Asam (Persero) Tbk, Indonesia’s state owned coal mining company, is planning to build an additi ...
|
|
|
Showing 6106 to 6110 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
|
| |
| |
|
