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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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Monday, 08 February 10
BLACK RIDGE MINING APPOINTS INDEPENDENT CONSULTANT
Australian-listed Black Ridge Mining has announced the appointment of David Tuit as an independent consultant to assist with the assessment of the c ...
Monday, 08 February 10
SOUTH AFRICAN EXPORT COAL RISES FOR FIRST TIME IN FOUR WEEKS
Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, posted their first gain ...
Monday, 08 February 10
NTPC HOPES TO START ON 500-MW PROJECT IN SRI LANKA BY FEB-END
NTPC sources told Business Standard, “All formalities from our government and NTPC have been completed.
The opinion of the Sri Lankan atto ...
Sunday, 07 February 10
AN AUSTRALIAN FIRM HAS SIGNED A $60BN DEAL TO SUPPLY COAL TO CHINESE POWER STATIONS
Clive Palmer, chairman of the company, Resourcehouse, said it was Australia's "biggest ever export contract".
Under the deal, the firm ...
Saturday, 06 February 10
FREIGHT WOULD CONTINUE TO BE SOFT NEXT WEEK - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week including the stock markets. The main reason seems to be Chinese ne ...
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- Bayan Resources Tbk. - Indonesia
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
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