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Tuesday, 21 April 09
INDONESIAN GOVT TO ALLOW UNDERGROUND MINING IN PROTECTED FORESTS - THE JAKARTA POST
The government will issue a regulation allowing mining companies to carry out underground mining in protected forests.
"This regulation will give legal basis for underground mining in protected forests," Bambang Setiawan, girector general for coal, minerals and geothermal at the Energy and Mineral Resources Ministry, told reporters Monday night.
He added underground mining would not violate the Forestry Law.
"The law only forbids open mining activities, not underground mining," he quibbled.
He added no mining company had so far conducted underground mining activities in protected forests.
Bambang said the new regulation would benefit the mining sector by giving it a larger mining area.
He added all mining companies were required to conduct an environmental impact analysis (AMDAL) before starting their mining operations.
Souces: http://www.thejakartapost.com/news/2009/04/20/govt-allow-underground-mining-protected-forests.html
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Monday, 27 April 09
INDONESIA S.KALIMANTAN GETS COAL TRUCKS OFF PUBLIC ROADS - REUTERS
A local government in one of Indonesia's top coal-producing areas has banned coal and palm oil firms from using public roads because of the damage ...
Monday, 27 April 09
JSW ENERGY SET TO SNAP UP AFRICAN COAL MINE FOR $70 MN - ECONOMIC TIMES
Sajjan Jindal-led JSW Energy is close to acquiring a sub-Saharan African thermal coal mine, which has reserves of more than 200 million ...
Monday, 27 April 09
INDONESIA MINING RULES MAY DETER INVESTORS-OFFICIALS - REUTERS
Indonesia's rules on foreign divestment of mining projects must be revised to address issues such as finding buyers if Southeast Asia's biggest ec ...
Monday, 27 April 09
UNDERGROUND MINING IN FOREST AREAS NOT SO SIMPLE - THE JAKARTA POST
The government's plan to issue a presidential decree allowing mining companies to mine underground in protected forest concession areas has resulte ...
Monday, 27 April 09
COAL PRICES ABOVE FUNDAMENTALS - STUFF.CO.NZ
Coal prices have defied the gravity of fundamental factors, supported by stockpiling prompted by cheaper prompt prices rather than a reflextion of a ...
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- Merrill Lynch Commodities Europe
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