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Monday, 25 January 10
MINING GROUPS MAY SEEK JUDICIAL REVIEW OF 2009 LAW
.jpg) Indonesia’s mining associations said on Wednesday that they planned to seek a judicial review of the 2009 Mining Law this year if they are unable to reach a solution with the government.
The law’s implementing decree seeks to limit the work that mining companies can outsource to companies not approved by the government and which may not take environmental and other obligations as seriously.
In October, the industry associations said they were confused about the decree and were in talks with government officials. Susanto Joseph, executive director of the Indonesian Mining Services Association, said at the time that the law could lead to a $750 million decline in mining industry revenue this year.
However, those talks have yet to bear fruit.
“We’re currently studying our options regarding the law,” Priyo Pribadi Soemarno, executive director of the Indonesian Mining Association, said on Wednesday. “If our latest discussion with the government doesn’t go anywhere then I think we could ask for a judicial review.”
Article 8 of the implementing decree, states that the mining concession holder is prohibited from using affiliated companies for any service work unless it gets approval from the Energy Ministry.
It means a company like PT Bumi Resources would have to divest its contractor subsidiary, PT Dharma Henwa, if it doesn’t get approval.
| “The holder of a mining concession or special mining concession must itself perform mining, processing, and refining work” |
Article 10, which states that “the holder of a mining concession or special mining concession must itself perform mining, processing, and refining work,” is particularly problematic, because much of this work is carried out by contractors.
Article 5 states that contracting work must be given to domestic companies for a first right of refusal before foreign companies can be involved.
Bob Kamandanu, chairman of the Indonesian Coal Producers Association (APBI), said mining companies had found some loopholes in the decree.
“On affiliation, I think it can be arranged as the ownership of the affiliated company could be exchanged on paper but the owner could still be the same.” Bob said.
“It creates a headache for us because we have to think of how to overcome the regulation. I prefer the old regulation and I hope there should be some revision of the decree,” he said.
Source: The Jakarta Globe
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Tuesday, 26 January 10
AUSTRALIAN FIRM TO MINE COAL IN WEST BENGAL
India Resources Ltd (IRL), a mining firm listed on the Australian Stock Exchange, has decided to enter into contract mining of coal in
India ...
Monday, 25 January 10
INDONESIAN GOVERNMENT TO ISSUE REGULATION FOR IMPLEMENTATION OF MINERAL AND COAL MINING BUSINESS ACTIVITIES LAW NO.4 / 2009 SOON
COALspot.com (Indonesia): The government regulation concerning implementation of mineral and coal mining business activities Law no.4 / 2009 is expe ...
Monday, 25 January 10
DUQM IWPP'S COAL REQUIREMENTS PROJECTED AT 3MT PER YEAR
Oman's first coal-fired Independent Water and Power Project (IWPP) planned at Duqm is envisaged to have a feedstock requirement of around 3 million ...
Monday, 25 January 10
THE FUTURES FOR CAPE, PANAMAX AND SUPRAMAX FOR THREE YEARS (2010 - 2012) WAS AT AROUND US$ 32,000, US$ 20,000 AND US$ 17,000 PER DAY RESPECTIVELY
COALspot.com ( Singapore): The freight market remained flat this week the market slight soft.
BDI INDEX
The BDI was down by 95 points and closed ...
Saturday, 23 January 10
COAL CAMARADERIE
Union coal minister Shriprakash Jaiswal feels Asian countries should join hands in developing minerals, particularly coal.
At the third Asian Min ...
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- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- White Energy Company Limited
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Interocean Group of Companies - India
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Marubeni Corporation - India
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
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