COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 22 April 09
PROTECTED FORESTS FACING UNDERGROUND MINING THREAT - THE JAKARTA POST


The government is soon to issue a presidential regulation allowing mining companies to mine underground in protected forest areas, despite a recent report by the Supreme Audit Agency (BPK) highlighting poor management of mining operations by some mining companies.

Bambang Setiawan, director general for coal, minerals and geothermal at the Energy and Mineral Resources Ministry, said Monday evening that the presidential regulation was important as it would bring new legal certainties to underground mining operations.

"This regulation will not violate the existing law *the Forestry Law*, which only forbids open-pit mining in forests, not underground mining," Bambang said.

Energy and Mineral Resources Ministry Purnomo Yusgiantoro said that underground mining might be very costly, but would be worth the investment. "No problems with the higher cost as long as it provides higher profits," Purnomo said.

He added several protected forest areas were predicted to contain high reserves of coal and minerals. "Take the example of forests in Kalimantan, *where* the areas are estimated to contain huge reserves of coal."

Purnomo and Bambang did not specify when the regulation would be issued, saying only that this was under the president's authority.

Separately BPK lambasted the management of some mining operations in its audit report on coal mining management during the 2006-2007 fiscal years.

It found as many as 212 cases of irregularities in coal mining management with potential state losses reaching Rp 2.69 trillion, along with another US$778.8 million, in total.

Losses reflected halts in reclamation collateral payments by 60 mining contract (KP) holders in Kutai, East Kalimantan; 30 KP holders in Tanah Laut, South Kalimantan; and Coal Contracts of Work (PKP2B) holders PT KJA and PT MSJ.

The total amount of the halted payments reached $3.18 million and Rp 127.25 billion in total, with BPK claiming this would burden state budgets if the contractors failed to fulfill their reclamation obligations.

The audit found that 61 KP holders and 5 PKP2B contract holders did not properly manage the top soil and overburden in open cast mining areas, which could cause landslides, or erosion and reduce soil fertility.

BPK said all these irregularities were caused by a combination of policy weaknesses along with non-compliance by mining companies.

In response, Bambang said that most of the irregularities were found in KPs that were issued by regional governments. "We are conducting an internal evaluation on the BPK's findings," he said.
Source: http://www.thejakartapost.com/news/2009/04/22/protected-forests-facing-underground-mining-threat.html



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 25 April 09
ADARO RUNS CATARACT OPERATION PROGRAM - THE JAKARTA POST
As part of its CSR program, thermal coal producer PT Adaro Indonesia has made cataract operations available to residents of Tandjung district, South ...


Saturday, 25 April 09
KPC DEVELOPS EAST KALIMANTAN WITH GOVT - THE JAKARTA POST
Kaltim Prima Coal (KPC) focuses on several areas in its CSR projects to help the government increase the welfare of the community living around the ...


Friday, 24 April 09
NAPOCOR TO TENDER FOR 195,000 T COAL - ABS-CBNNEWS.COM
Top Philippine electricity producer National Power Corp. (Napocor) said on Friday it will hold a tender on May 20 to buy 195,000 tons of steam coal ...


Friday, 24 April 09
NTPC TO DELVE INTO CONTRACT MINING - ECONOMICTIMES
NTPC, India’s largest power producer, plans to cash in on its decades-old experience in handling coal mines by spinning off a separate  u ...


Tuesday, 21 April 09
MITRA RAJASA TO ACQUIRE TWO MINING COMPANIES - THE JAKARTA POST
PT Mitra Rajasa Tbk plans to acquire PT Realita Jaya Mandiri and PT Masindo Artha Resources in South Sumatra, which are worth around US$40 million. ...


   1358 1359 1360 1361 1362   
Showing 6796 to 6800 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Metalloyd Limited - United Kingdom
  • TRAFIGURA, South Korea
  • TANGEDCO India
  • BRS Brokers - Singapore
  • Global Green Power PLC Corporation, Philippines
  • Antam Resourcindo - Indonesia
  • Africa Commodities Group - South Africa
  • PLN Batubara - Indonesia
  • Core Mineral Indonesia
  • Vedanta Resources Plc - India
  • Alfred C Toepfer International GmbH - Germany
  • Videocon Industries ltd - India
  • EIA - United States
  • Jorong Barutama Greston.PT - Indonesia
  • BNP Paribas - Singapore
  • GMR Energy Limited - India
  • RBS Sempra - UK
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Bukit Baiduri Energy - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Ince & co LLP
  • IHS Mccloskey Coal Group - USA
  • Geoservices-GeoAssay Lab
  • Thailand Anthracite
  • Rio Tinto Coal - Australia
  • Thermax Limited - India
  • Riau Bara Harum - Indonesia
  • Grasim Industreis Ltd - India
  • Latin American Coal - Colombia
  • Ceylon Electricity Board - Sri Lanka
  • San Jose City I Power Corp, Philippines
  • IBC Asia (S) Pte Ltd
  • VISA Power Limited - India
  • Dalmia Cement Bharat India
  • Thiess Contractors Indonesia
  • Aboitiz Power Corporation - Philippines
  • White Energy Company Limited
  • Arutmin Indonesia
  • Glencore India Pvt. Ltd
  • U S Energy Resources
  • Renaissance Capital - South Africa
  • Simpson Spence & Young - Indonesia
  • Sical Logistics Limited - India
  • Binh Thuan Hamico - Vietnam
  • Petrosea - Indonesia
  • Savvy Resources Ltd - HongKong
  • Indonesia Power. PT
  • Shenhua Group - China
  • Rudhra Energy - India
  • Bangladesh Power Developement Board
  • Siam City Cement PLC, Thailand
  • Indorama - Singapore
  • GHCL Limited - India
  • Cargill India Pvt Ltd
  • Essar Steel Hazira Ltd - India
  • GVK Power & Infra Limited - India
  • Energy Link Ltd, New Zealand
  • Ministry of Finance - Indonesia
  • CNBM International Corporation - China
  • TeaM Sual Corporation - Philippines
  • Sucofindo - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Neyveli Lignite Corporation Ltd, - India
  • Qatrana Cement - Jordan
  • Krishnapatnam Port Company Ltd. - India
  • Kideco Jaya Agung - Indonesia
  • Kobe Steel Ltd - Japan
  • Bhushan Steel Limited - India
  • Mintek Dendrill Indonesia
  • Bank of China, Malaysia
  • Gresik Semen - Indonesia
  • SMG Consultants - Indonesia
  • Tata Chemicals Ltd - India
  • Indian School of Mines
  • Power Finance Corporation Ltd., India
  • Noble Europe Ltd - UK
  • Eastern Energy - Thailand
  • Planning Commission, India
  • Bukit Asam (Persero) Tbk - Indonesia
  • KPCL - India
  • Miang Besar Coal Terminal - Indonesia
  • Central Electricity Authority - India
  • Asian Development Bank
  • Arch Coal - USA
  • Panama Canal Authority
  • Banpu Public Company Limited - Thailand
  • APGENCO India
  • ETA - Dubai
  • Toyota Tsusho Corporation, Japan
  • Platou - Singapore
  • Kobexindo Tractors - Indoneisa
  • Australian Coal Association
  • Bank of America
  • OCBC - Singapore
  • TGV SRAAC LIMITED, India
  • Mitsui
  • Indian Oil Corporation Limited
  • Iligan Light & Power Inc, Philippines
  • Billiton Holdings Pty Ltd - Australia
  • London Commodity Brokers - England
  • Ministry of Transport, Egypt
  • Mitra SK Pvt Ltd - India
  • Merrill Lynch Bank
  • Maheswari Brothers Coal Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Kumho Petrochemical, South Korea
  • Coal and Oil Company - UAE
  • Cebu Energy, Philippines
  • Adani Power Ltd - India
  • Sakthi Sugars Limited - India
  • Marubeni Corporation - India
  • Parry Sugars Refinery, India
  • Xindia Steels Limited - India
  • Global Business Power Corporation, Philippines
  • PetroVietnam Power Coal Import and Supply Company
  • UBS Singapore
  • Chettinad Cement Corporation Ltd - India
  • Coal Orbis AG
  • Bhoruka Overseas - Indonesia
  • Chamber of Mines of South Africa
  • SN Aboitiz Power Inc, Philippines
  • WorleyParsons
  • The State Trading Corporation of India Ltd
  • Lanco Infratech Ltd - India
  • Energy Development Corp, Philippines
  • Electricity Generating Authority of Thailand
  • PTC India Limited - India
  • South Luzon Thermal Energy Corporation
  • Minerals Council of Australia
  • Oldendorff Carriers - Singapore
  • Vizag Seaport Private Limited - India
  • Central Java Power - Indonesia
  • Cemex - Philippines
  • Indo Tambangraya Megah - Indonesia
  • JPMorgan - India
  • Inspectorate - India
  • DBS Bank - Singapore
  • TNPL - India
  • Independent Power Producers Association of India
  • SMC Global Power, Philippines
  • Uttam Galva Steels Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Kepco SPC Power Corporation, Philippines
  • Sinarmas Energy and Mining - Indonesia
  • Orica Mining Services - Indonesia
  • Economic Council, Georgia
  • TNB Fuel Sdn Bhd - Malaysia
  • Aditya Birla Group - India
  • Pendopo Energi Batubara - Indonesia
  • J M Baxi & Co - India
  • Eastern Coal Council - USA
  • IMC Shipping - Singapore
  • Gujarat Mineral Development Corp Ltd - India
  • GN Power Mariveles Coal Plant, Philippines
  • IEA Clean Coal Centre - UK
  • Permata Bank - Indonesia
  • Runge Indonesia
  • LBH Netherlands Bv - Netherlands
  • MEC Coal - Indonesia
  • CoalTek, United States
  • Samsung - South Korea
  • World Coal - UK
  • European Bulk Services B.V. - Netherlands
  • Heidelberg Cement - Germany
  • Semirara Mining and Power Corporation, Philippines
  • Bhatia International Limited - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Freeport Indonesia
  • Shree Cement - India
  • Maybank - Singapore
  • Sarangani Energy Corporation, Philippines
  • Kartika Selabumi Mining - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Asmin Koalindo Tuhup - Indonesia
  • Russian Coal LLC
  • Platts
  • IOL Indonesia
  • Peabody Energy - USA
  • Globalindo Alam Lestari - Indonesia
  • Interocean Group of Companies - India
  • Mercator Lines Limited - India
  • Siam City Cement - Thailand
  • SASOL - South Africa
  • NALCO India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Leighton Contractors Pty Ltd - Australia
  • Cigading International Bulk Terminal - Indonesia
  • ING Bank NV - Singapore
  • Merrill Lynch Commodities Europe
  • Wilmar Investment Holdings
  • PetroVietnam
  • Timah Investasi Mineral - Indoneisa
  • Deloitte Consulting - India
  • Semirara Mining Corp, Philippines
  • Australian Commodity Traders Exchange
  • Asia Cement - Taiwan
  • Ind-Barath Power Infra Limited - India
  • Formosa Plastics Group - Taiwan
  • Medco Energi Mining Internasional
  • Cosco
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Pinang Coal Indonesia
  • Wood Mackenzie - Singapore
  • Lafarge - France
  • GB Group - China
  • Kalimantan Lumbung Energi - Indonesia
  • India Bulls Power Limited - India
  • Japan Coal Energy Center
  • Cardiff University - UK
  • Indika Energy - Indonesia
  • Romanian Commodities Exchange
  • Britmindo - Indonesia
  • World Bank
  • Rashtriya Ispat Nigam Limited - India
  • GAC Shipping (India) Pvt Ltd
  • Bulk Trading Sa - Switzerland
  • SGS (Thailand) Limited
  • Vale Mozambique
  • bp singapore
  • Georgia Ports Authority, United States
  • Deutsche Bank - India
  • International Coal Ventures Pvt Ltd - India
  • Price Waterhouse Coopers - Russia
  • Parliament of New Zealand
  • Thai Mozambique Logistica
  • UOB Asia (HK) Ltd
  • Moodys - Singapore
  • Borneo Indobara - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Cement Manufacturers Association - India
  • Mechel - Russia
  • Adaro Indonesia
  • Orica Australia Pty. Ltd.
  • Jindal Steel & Power Ltd - India
  • Argus Media - Singapore
  • Intertek Mineral Services - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Tanito Harum - Indonesia
  • KEPCO - South Korea
  • CESC Limited - India
  • Posco Energy - South Korea
  • Goldman Sachs - Singapore
  • Karbindo Abesyapradhi - Indoneisa
  • Petrochimia International Co. Ltd.- Taiwan
  • CIMB Investment Bank - Malaysia
  • Indonesian Coal Mining Association
  • Ministry of Mines - Canada
  • Total Coal South Africa
  • Electricity Authority, New Zealand
  • Petron Corporation, Philippines
  • PLN - Indonesia
  • ASAPP Information Group - India
  • Maharashtra Electricity Regulatory Commission - India
  • Bayan Resources Tbk. - Indonesia
  • Commonwealth Bank - Australia
  • Gupta Coal India Ltd
  • Barclays Capital - USA
  • Credit Suisse - India
  • New Zealand Coal & Carbon
  • Bangkok Bank PCL
  • Inco-Indonesia
  • Anglo American - United Kingdom
  • Mjunction Services Limited - India
  • Surastha Cement
  • The Treasury - Australian Government
  • Star Paper Mills Limited - India
  • Sojitz Corporation - Japan
  • Kapuas Tunggal Persada - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Vijayanagar Sugar Pvt Ltd - India
  • Ambuja Cements Ltd - India
  • Salva Resources Pvt Ltd - India
  • Infraline Energy - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Baramulti Group, Indonesia
  • Bukit Makmur.PT - Indonesia
  • GNFC Limited - India
  • HSBC - Hong Kong
  • Ernst & Young Pvt. Ltd.
  • Therma Luzon, Inc, Philippines
  • Meralco Power Generation, Philippines
  • The India Cements Ltd
  • MS Steel International - UAE
  • Fearnleys - India
  • KPMG - USA
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Bahari Cakrawala Sebuku - Indonesia
  • ANZ Bank - Australia
  • Carbofer General Trading SA - India
  • Sindya Power Generating Company Private Ltd
  • Gujarat Sidhee Cement - India
  • Coastal Gujarat Power Limited - India
  • globalCOAL - UK
  • KOWEPO - South Korea
  • Thriveni
  • Mercuria Energy - Indonesia
  • Jatenergy - Australia
  • Enel Italy
  • Coeclerici Indonesia
  • Berau Coal - Indonesia
  • Altura Mining Limited, Indonesia
  • Maersk Broker
  • Global Coal Blending Company Limited - Australia
  • Trasteel International SA, Italy
  • Reliance Power - India
  • Tata Power - India
  • SUEK AG - Indonesia
  • ICICI Bank Limited - India
  • Clarksons - UK
  • McKinsey & Co - India
  • Tamil Nadu electricity Board
  • The University of Queensland
  • Coaltrans Conferences
  • McConnell Dowell - Australia
  • Humpuss - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Larsen & Toubro Limited - India
  • Barasentosa Lestari - Indonesia
  • Edison Trading Spa - Italy
  • Indian Energy Exchange, India
  • Kaltim Prima Coal - Indonesia
  • SRK Consulting
  • Mitsubishi Corporation
  • Singapore Mercantile Exchange
  • CCIC - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • ACC Limited - India
  • Coalindo Energy - Indonesia
  • Idemitsu - Japan
  • Port Waratah Coal Services - Australia
  • Thomson Reuters GRC
  • EMO - The Netherlands
  • Indogreen Group - Indonesia
  • Jaiprakash Power Ventures ltd
  • OPG Power Generation Pvt Ltd - India
  • Madhucon Powers Ltd - India
  • JPower - Japan
  • Coal India Limited
  • Vitol - Bahrain
  • Maruti Cements - India
  • Samtan Co., Ltd - South Korea
  • Makarim & Taira - Indonesia
  • Agrawal Coal Company - India
  • Karaikal Port Pvt Ltd - India
  • Bharathi Cement Corporation - India
  • Malabar Cements Ltd - India
  • Standard Chartered Bank - UAE
  • Manunggal Multi Energi - Indonesia
  • Malco - India
  • NTPC Limited - India
  • Attock Cement Pakistan Limited
  • Xstrata Coal
  • PNOC Exploration Corporation - Philippines
  • PowerSource Philippines DevCo