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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, 18 February 10
THE INDIAN MARKET IS FIRMING A BIT, DUE TO LACK OF TONNAGE IN THE REGION
HANDY
The BSI still decline as holidays around the world have reduced trading.
...
Thursday, 18 February 10
COAL MINERS FACE SHUTDOWN OVER RECLAMATION FUNDING
Three coal mining companies may be forced to temporarily stop operations this year if they fail to provide funding for a site-reclamation program.
...
Thursday, 18 February 10
DECOUPLING FROM OIL PRICES ON STRONG GLOBAL ENERGY DEMAND
A recent coal market conference in Singapore focused on two main issues –— the demand for coal as a source of energy, and coal pricing.& ...
Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry offici ...
Thursday, 18 February 10
INDONESIA ZONING RULE THREATENS MINING - INDUSTRY
Reuters reported that, confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to ...
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- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Rio Tinto Coal - Australia
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- Directorate General of MIneral and Coal - Indonesia
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- Tamil Nadu electricity Board
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- Central Java Power - Indonesia
- Posco Energy - South Korea
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- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
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- Sical Logistics Limited - India
- Indonesian Coal Mining Association
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- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
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- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
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- Globalindo Alam Lestari - Indonesia
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- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
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- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
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- Goldman Sachs - Singapore
- Australian Coal Association
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- Planning Commission, India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Economic Council, Georgia
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- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Eastern Energy - Thailand
- CNBM International Corporation - China
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- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
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- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Aditya Birla Group - India
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- The University of Queensland
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
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