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.
|
|
Thursday, 24 December 09
EUROSEAS LTD. ANNOUNCES TWO-YEAR TIME CHARTER AGREEMENT FOR PANAMAX BULK CARRIER
Euroseas Ltd., an owner and operator of drybulk carriers and container vessels and provider of seaborne transportation for dry bulk and containerize ...
Wednesday, 23 December 09
INDONESIA POWER CHIEF TO BUILD PLANTS OUTSIDE JAVA
Indonesia's state electricity firm plans to build new power plants outside Java island with a combined capacity of around 2,000 megawatts to resolv ...
Wednesday, 23 December 09
BUKIT ASAM SEES CHINA COAL DEMAND BOOST
* Rebound in prices to have pushed up 2009 revs
* To more than double Tarahan port capacity
Reuters reported that, Indonesian state-owned coal m ...
Wednesday, 23 December 09
MACARTHUR COAL OFFERS TO BUY RIVAL GLOUCESTER
Queensland-based Macarthur Coal will offer to buy fellow Australian Gloucester Coal, in a move to add two new mines and increase coal resources.
...
Tuesday, 22 December 09
CHINA CONTRACTED COAL PRICE FOR 2010 SEES SLIGHT INCREASE
A number of coal and power enterprises have concluded their annual power-coal supply contracts for 2010, and the contracted coal price saw slight in ...
|
|
|
Showing 6146 to 6150 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Bharathi Cement Corporation - India
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Planning Commission, India
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
|
| |
| |
|
