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Saturday, 13 February 10
INDONESIA ISSUES NEW MINING REGULATIONS
 Indonesia has issued two new regulations under its mining law to allow firms to start obtaining mining permits, in a move that should increase certainty and help boost investment in the mining sector.
The new regulations - one covering mining areas and the other on mining business - should allow investors to obtain new mining permits and help speed up issuance for existing investors.
"The regulations were issued yesterday but will be applied retroactively from February 1," Bambang Gatot Ariyono, director of coal and mining business at the energy and mining ministry, told reporters.
"We issued them quickly because of concern about mining licensing," Ariyono said.
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“The regulations were issued yesterday but will be applied retroactively from February 1” - Director of Coal and Mining Business
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The government had stopped issuing new permits ahead of the introduction of the regulations.
Miners who had applied for a contract before a new mining law was passed in December 2008 will be able to continue their application.
The regulations will also allow the government to start tenders in mining areas.
Budi Irianto, a spokesman for the Indonesian unit of global miner Rio Tinto, said the issuance of the regulations could help the firm's nickel project obtain a long-awaited mining permit.
"We have submitted an application for a mining licence. With the new regulations out, we hope we can get the licence this year," Irianto said.
Rio Tinto launched an application for a mining contract of work - a type of mining licence under the previous mining law - in 1999 for its $2 billion nickel project on Sulawesi island.
But when the new coal and mining law was passed the firm was required to apply for a shorter-term mining permit.
The Sulawesi nickel project is expected to have a capacity of 46 000 t/y.
The government awarded the last contract of work to Australia's Indo Mines for its pig iron project in November 2008, a month before the new mining law was passed in December.
Indo Mines was also the first mining firm to sign a mining contract for a decade.
Southeast Asia's largest economy has struggled to lure foreign investment into mining in recent years, compounded by some politicians taking a nationalist line on resource exploitation and also because of uncertainty over regulations tied to a new mining law passed in 2008.
The government has said it expected mining investment to hit $2,5-billion next year, up from $1,81-billion in 2009, supported by greater certainty after the introduction of new mining regulations.
Source: Reuters / Mining Weekly
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Friday, 16 April 10
KRISHNAPATNAM PORT IS IRONING ITS WAY INTO RECORD BOOKS
COALspot.com: Krishnapatnam Port achieved a new benchmark by loading 60,021 MT of Iron Ore fines in just 24 hrs surpassing its previous record of 54 ...
Friday, 16 April 10
RBCT COAL DISPUTE RESOLVED - MININGMX
Miningmx reported that, the long-simmering spat over the coal allocation for producers who will use the expanded facilities at Richards Bay Coal Ter ...
Friday, 16 April 10
COAL INDIA SELECTS MERCHANT BANKERS TO ACQUIRE OVERSEAS ASSETS -THE HINDU
An investment of about $1.8 billion is expected to be made in these deals
The Hindu reported that, Bank of America-Merill Lynch, Royal Bank of Sc ...
Thursday, 15 April 10
MAJOR THERMAL COAL CONTRACT AT 40% HIGHER PRICE THAN LAST YEAR - BUSINESS STANDARD
Business-Standard reported that, India is expected to import nearly 60 million tonnes of thermal coal this year.
After coking coal and iron ...
Thursday, 15 April 10
RICHARDS BAY ROUNDS BACK TO INDIA SUPRAS WERE FIXED AT MID 20'S
Handy
The BSI remains in a positive momentum and the Atlantic remains unchanged from last week. Fronthaul grain is active which is keeping ballast ...
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- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
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- Minerals Council of Australia
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- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
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- Petron Corporation, Philippines
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
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- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
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- Energy Link Ltd, New Zealand
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- Karaikal Port Pvt Ltd - India
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- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
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- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- Interocean Group of Companies - India
- The University of Queensland
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
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