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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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Tuesday, 04 May 10
APRIL 2010 COAL PRICE REFERENCE WAS US$ 86.58/T FOB VESSEL
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has publishing a monthly coal price reference (HBA) to be used by ...
Tuesday, 04 May 10
DRY BULK MARKET SOFTENING AGAIN ON LACK OF DIRECTION
The dry bulk market has put on the brakes once again, after the last session of the Baltic Dry Index ended at 3,354 points, down 5 from the previous ...
Monday, 03 May 10
AUSTRALIA PLANS 40 PERCENT TAX ON MINING PROFITS - THE JAKARTA POST
The Jakarta Post reported that, Australia would heavily tax the booming profits of its mining companies under a tax system overhaul proposed Sunday ...
Saturday, 01 May 10
THE PERIOD ACTIVITY WAS QUITE FIRM DURING THE WEEK - CAPT. REDDY
COALspot.com: The BDI was up by 11.32 pct which was mainly due to the firmness in capsize index which was up by 21.55 pct .
The other sectors Pan ...
Saturday, 01 May 10
EXPANDED SA COAL TERMINAL TO START OPERATIONS ON MAY 1 - MINING WEEKLY
Mining Weekly reported that, In line with expectations, the Richards Bay Coal Terminal (RBCT) had completed the R1,2-billion Phase V expansion ...
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- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- White Energy Company Limited
- Minerals Council of Australia
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Metalloyd Limited - United Kingdom
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- GMR Energy Limited - India
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- The University of Queensland
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
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