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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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Wednesday, 11 November 09
INDONESIA ASKS DOMESTIC COAL FIRMS TO SET ASIDE 30PCT OF OUTPUT
Indonesian government said that it had asked domestic coal producers to set aside 30% of their output next year to meet demand from new coal fired p ...
Wednesday, 11 November 09
MINING ACQUISITIONS BECOMING MORE STRATEGIC - E&Y
Mining Weekly reported that, Although miners around the world are looking to position themselves for growth, companies are being more selective when ...
Tuesday, 10 November 09
THAI COAL MINER BANPU Q3 NET UP, BEATS FORECAST
Reuters reported that, Thailand's top coal miner, Banpu, said on Tuesday its third-quarter net earnings rose a higher-than-expected 22 percent, hel ...
Monday, 09 November 09
NAPOCOR DEFERS 50,000 T COAL TENDER
Top Philippine electricity producer National Power Corp. (Napocor) has indefinitely postponed a tender for supply of 50,000 tons of steam coal sched ...
Monday, 09 November 09
SAM'S SEAFOOD HOLDINGS SET TO COMMENCE DRILLING AT INDONESIAN COAL PROJECT
Proactive Investors reported that, Sam's Seafood Holdings is preparing to kick off diamond drilling at the company's Indonesian coal project after ...
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- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- ICICI Bank Limited - India
- ASAPP Information Group - India
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- Planning Commission, India
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
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