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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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Saturday, 13 February 10
COAL INDIA 2010/11 COAL IMPORTS TO JUMP - EXEC
Coal imports by state-run Coal India Ltd are likely to soar to 6-10 million tonnes in fiscal 2010/11 from an expected 1.5-1.7 million tonnes in the ...
Saturday, 13 February 10
RULES MAY FREE $10B OF MINING PROJECTS IN INDONESIA
The government announced on Friday that it had issued two implementing regulations for the new Mining Law that will clear the way for the developmen ...
Saturday, 13 February 10
INDONESIA OFFERS TAX INCENTIVES FOR RENEWABLE ENERGY
Indonesia is offering tax incentives to develop renewable energy projects, including geothermal energy, to cut dependency on fossil fuels, a decree ...
Friday, 12 February 10
MECHEL EYES 2010 COAL OUTPUT AT 28-29 MLN T
Russian steel and coking coal producer Mechel expects coal output to reach 28-29 million tonnes this year, returning to pre-crisis levels thanks to ...
Friday, 12 February 10
TATA POWER: QUARTERLY BLIP
Although the company’s revenues dipped in the December quarter, its long-term story is intact.
Lower power generation and realisations saw ...
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- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Australian Coal Association
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Parliament of New Zealand
- Planning Commission, India
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- VISA Power Limited - India
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- GMR Energy Limited - India
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