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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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Tuesday, 06 April 10
ASIAN INVESTORS EYE NIGERIA MARITIME INDUSTRY
Investors from the Asian region are considering investing in the Nigerian maritime sector, which has huge opportunities and potential. One of such p ...
Monday, 05 April 10
RI TO SET REFERENCE FOR COMMODITIES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia is set to help establish global reference prices for mining and agricultural commodities, with the establi ...
Monday, 05 April 10
MARCO POLO MARINE SECURES US$20 MILLION 4-YEAR COAL TRANSSHIPMENT CONTRACT
COALspot.com: Accordign to Mraco Polo Marine website, Singapore Exchange Mainboard-listed Marco Polo Marine Ltd, a growing integrated marine logisti ...
Saturday, 03 April 10
SHIPS OPENING FAREAST CONTINUE TO BE STRUGGLING FOR CARGOES - VISTAAR
COALspot.com: The dry bulk freight market continues to be under pressure and all the indices were down this week except for Cape size index which wa ...
Friday, 02 April 10
XSTRATA RAISES BENCHMARK COAL PRICE AS MUCH AS 40% - BLOOMBERG
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used for power, raised benchmark prices for the fuel to an unidenti ...
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Showing 5901 to 5905 news of total 6871 |
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- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Kartika Selabumi Mining - Indonesia
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- The University of Queensland
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
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