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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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Thursday, 15 April 10
DRY BULK MARKET SLOWLY GAINING GROUND
The troubled and underperforming capesize sector of the dry bulk market has been experiencing an improved sentiment since Tuesday, a trend verified ...
Tuesday, 13 April 10
CHINA COAL SEEING 'STRONG DEMAND,' PUDA COAL CFO SAYS - BUSINESS WEEK
Business Week reported that, China coal prices will increase this year as the nation’s industry expands and a drought in the southwest region ...
Tuesday, 13 April 10
PEABODY, COAL INDIA CONFIRM 'EARLY STAGE' TALKS - MINING WEEKLY
Mining Weekly reported that, US coal-miner Peabody Energy is holding discussions with Coal India, the company said on Monday, after an Australian ne ...
Tuesday, 13 April 10
ANGLO PREDICTS HIGH COAL PRICES, STEADY SUPPLY
Busrep / Reuters reported that, Coal prices were expected to remain strong this year, while exports would match last year's despite rail cons ...
Tuesday, 13 April 10
THE PANAMAX MARKET CONTINUED TO STRENGTHEN - BRS DRY BULK
Panamax rates continue to beat the market, and the Panamax 4TC is now trading at a 25% premium to the Cape 4TC — the biggest margin since the ...
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- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Parliament of New Zealand
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- PTC India Limited - India
- ASAPP Information Group - India
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Planning Commission, India
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Sojitz Corporation - Japan
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
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