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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, 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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- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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