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Monday, 15 February 10
MINING LAW TO BE REVISED
 Law No. 4 of 2009 on mineral and coal mining will be revised after a working visit of the Bangka Belitung (Babel) Provincial legislative assembly (DPRD) to the Ministry of Law and Human Rights.
"From our visit to the Ministry of Law and Human Rights on February 10, we found out that the Mineral and Coal Mining Act will be revised," said Babel DPRD chief Ismiryadi in Pangkalpinang, Sunday.
He said the Babel Council working visit to the Ministry of Law and Human Rights was aimed at conveying the aspirations of Babel tin miners who felt the law was against their interest.
"The mineral and coal mining law carried only general rules, such as mining areas and mining auctions, which does not accommodate the interest of tin miners," he said.
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"The mining law is only recommended to be revised, not revoked, since Babel and several other regions in Indonesia do not resort to a judicial review, as it will most likely revoke the law"
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The Babel council had discussed with the ministry the miners` complaints about the tin mines in their region, because some articles do not match the real situation in the area, Ismiryadi said.
"There are several articles in the mineral and coal mining law that are not implemented equally in the regions, namely Articles 22, 51, 52 and 54," he said.
He added, the ministry recommended that the result of the visit be submitted to the House of Representatives (Commission VII) and the Regional Council for immediate revision of the law.
"The mining law is only recommended to be revised, not revoked, since Babel and several other regions in Indonesia do not resort to a judicial review, as it will most likely revoke the law," he said.
He explained that there are articles in the law that are against public mining areas.
Source: Antara
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Monday, 19 April 10
PLN TO OPERATE COAL MINES IN BID TO FUEL POWER PLANTS
The Jakarta Globe reported that, state electricity utility PT Perusahaan Listrik Negara said on Sunday that it aimed to take over operation of small ...
Sunday, 18 April 10
GOVT FORMS PANEL FOR RS 12,000-CR (US$ 2.711 BILLION) COAL INDIA IPO - ECONOMIC TIMES
Economic Times reported that, the government has formed an inter-ministerial panel to carry forward the proposed Rs 12,000-crore (US$ 2.711 billion) ...
Sunday, 18 April 10
THE FUTURES FOR THREE YEARS (2010-2012) FOR PANAMAX WAS AT AROUND US$ 21500 PER DAY - VISTAAR
COALspot.com: The BDI indices up by 3.30 pct and overall market continued to be firm except for India to Fareast.
“The cape index for the f ...
Saturday, 17 April 10
DRY BULK SHIPPING MARKET ANALYSIS - BIMCO
Strong Chinese steel market is set to cushion the flood of new Capesize vessels entering the dry bulk fleet Demand: The first quarter of 2010 saw up ...
Saturday, 17 April 10
DRY BULK MARKET EDGES HIGHER ON STRONGER DEMAND
The dry bulk market managed to inch higher by the end of the week as brokers indicated that stronger cargo demand pushed freight rates that much hig ...
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- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
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- Malabar Cements Ltd - India
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- Intertek Mineral Services - Indonesia
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- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
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- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
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- Indonesian Coal Mining Association
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- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
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- VISA Power Limited - India
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- Coal and Oil Company - UAE
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- The University of Queensland
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- Economic Council, Georgia
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- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
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- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
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- Directorate General of MIneral and Coal - Indonesia
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- Metalloyd Limited - United Kingdom
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- Indian Energy Exchange, India
- London Commodity Brokers - England
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- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
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- Standard Chartered Bank - UAE
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- Pendopo Energi Batubara - Indonesia
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- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- Planning Commission, India
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- MS Steel International - UAE
- The State Trading Corporation of India Ltd
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- Bangladesh Power Developement Board
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- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Romanian Commodities Exchange
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
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- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Energy Link Ltd, New Zealand
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- Pipit Mutiara Jaya. PT, Indonesia
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