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Monday, 15 February 10
INDONESIA IN TALKS TO RESOLVE BANPU MINE CLOSURE
 Indonesia is seeking to resolve a land permiting problem resulting in the closure of a coal mine in Kalimantan operated by a unit of Thailand's top coal miner Banpu PCL, a senior government official said on Monday.
Indonesian police temporarily closed the Jorong coal mine in Indonesia's portion of Borneo island last week over the permitting issue.
"We are holding talks at the coordinating economics' ministry on how to settle this issues," Bambang Setiawan, director general of coal, minerals and geothermal at the energy and mining ministry, told reporters.
The official said that the Jorong mine had already put in a request to Indonesia's forestry ministry to extend its permit, but one had not yet been issued.
"Because of a need to continue production, the producer went on operating without the extension permit," he added.
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"We are holding talks at the coordinating economics' ministry on how to settle this issues" - Bambang Setiawan, director general of coal, minerals and geothermal
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Banpu confirmed in a statement last Thursday that the mine had been shut but said it would only have a slight impact on production at its Indonesian unit Indo Tambangraya Mega Tbk
Indo Tambangraya has six coal concessions on Borneo island including Jorong in South Kalimantan.
Another official at the energy and mining ministry said problems like this over land permits could hit mining output by increasing uncertainty in the investment climate in Indonesia.
"Indonesia needs more coal to supply coal-fired power plants, especially in Java island, from this year," said the official, who declined to be identified by name.
"If there are many of this type of problem in the sector then it will cut coal production in future," added the official.
Coal output from Jorong mine accounted for around 1.97 million tonnes, or 8.6 percent of Banpu's 2010 production target of 23 million tonnes, the firm has said.
Banpu said it did not know when it would be able to resume operations.
Jorong mine produces sub-bituminous coal which is supplied to local power plants and overseas utilities.
According to estimates from Indo Tambangraya, Jorong mine produced 2.85 million tonnes in 2009, with 2.3 million tonnes targeted at the overseas market.
Indonesia Forestry Minister Zulkifli Hasan told Reuters on Jan 10 the ministry had revoked the land use permits for 23 mining and other firms operating in forested areas and may crack down further, indicating a tougher stance on environmental protection.
But the government of President Susilo Bambang Yudhoyono has also pledged to resolve bottle necks and other bureaucratic obstacles that frequently hamper investment projects and have discourage investment in the mining sector.
Source: Reuters
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Monday, 23 August 10
COAL FOR FAST-TRACK PROGRAM ASSURED
Antara and the Jakarta globe reported that, the coal supply for the government’s 10,000 megawatt “fast- track” program was assured ...
Monday, 23 August 10
NOBLE RESOURCES AND PAN ASIA INK MAJOR COAL DEAL
Pan Asia Corporation Limited has, via Innovation West Pty Ltd, entered into a binding coal purchase & finance agreement with Noble Resources Pte ...
Monday, 23 August 10
THE FREIGHT MARKET IS EXPECTED TO BE FIRM FOR NEXT COUPLE OF WEEKS - VISTAAR SINGAPORE
COALspot.com: The BDI continued to rise this week by 11.67 pct with the other sectors also keeping the moment. The cape size index also was up by 11 ...
Friday, 20 August 10
JAKARTA TO HOST 9TH ASIA PACIFIC MINING CONFERENCE AND EXHIBITION IN OCTOBER
ASEAN Federation of Mining Association (AFMA), an association of mining groups in Southeast Asia, will hold the 9th Asia Pacific Mining Conference a ...
Friday, 20 August 10
OVERSEAS AND GENERAL SUBSIDIARY INKS US$52M JONGKANG COAL SALES CONTRACT - PROACTIVE INVESTORS
Proactive Investors reported that, overseas and General (ASX: OGL) has reported that its Indonesian majority owned subsidiary, PT OGL Indotrade, has ...
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- Planning Commission, India
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- Orica Australia Pty. Ltd.
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- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
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- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
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- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
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- Bhatia International Limited - India
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- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
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- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
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- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
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- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
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- PTC India Limited - India
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- ICICI Bank Limited - India
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- Global Coal Blending Company Limited - Australia
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- Mjunction Services Limited - India
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- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
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- Merrill Lynch Commodities Europe
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- Power Finance Corporation Ltd., India
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- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
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- Wilmar Investment Holdings
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- Central Electricity Authority - India
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
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- Kalimantan Lumbung Energi - Indonesia
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- Goldman Sachs - Singapore
- Minerals Council of Australia
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- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
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- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
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- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Australian Coal Association
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- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
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- Economic Council, Georgia
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
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- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Parliament of New Zealand
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- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Parry Sugars Refinery, India
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- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
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- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
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