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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, 09 March 10
MINING LAW OPTIMIZES SECTOR
Law No. 4 / 2009 on Mineral and Coal Mining have given a new direction for the future of mining in Indonesia, including Domestic Market Obligation, ...
Tuesday, 09 March 10
STRONG REBOUND IN ALL THE DRY BULK SEGMENTS THIS WEEK
There was a strong rebound in all the dry bulk segments this week, leading to an 18% jump in the Baltic Dry Index.
The Cape and Panamax markets s ...
Tuesday, 09 March 10
L&T POWER EYEING COAL MINES IN AUS, INDONESIA
L&T Power Development Company, a part of the Larsen & Tubro Group, plans to acquire coal mines in Australia and Indonesia, a top company off ...
Tuesday, 09 March 10
BHP AGREES SHORTER-TERM COAL DEALS WITH EUROPEAN, ASIAN CUSTOMERS
Diversified miner BHP Billiton on Monday reported that it had reached sales terms for a significant portion of its hard coking coal volumes for 2010 ...
Monday, 08 March 10
KPCL TO IMPORT 0.9 MILLION TON OF 6000 GCV COAL
COALspot.com: India's Karnataka Power Corporation Ltd is seeking to import 0.9 million metric tons of 6000 kcal/kg (adb) Gross Calorific Value stea ...
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Showing 5951 to 5955 news of total 6871 |
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- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
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- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
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- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
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- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- Central Java Power - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
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- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
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- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
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- The University of Queensland
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- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- GMR Energy Limited - India
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- CIMB Investment Bank - Malaysia
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- Posco Energy - South Korea
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- VISA Power Limited - India
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- Global Coal Blending Company Limited - Australia
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- PowerSource Philippines DevCo
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- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
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- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
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- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
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- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
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- Mjunction Services Limited - India
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- Larsen & Toubro Limited - India
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- Australian Commodity Traders Exchange
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- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
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- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
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- White Energy Company Limited
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
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- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
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- Wilmar Investment Holdings
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- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- Ministry of Finance - Indonesia
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- Attock Cement Pakistan Limited
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- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
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- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
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- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
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- IEA Clean Coal Centre - UK
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