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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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- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Planning Commission, India
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
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