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Thursday, 18 February 10
INDONESIA ZONING RULE THREATENS MINING - INDUSTRY
Reuters reported that, confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to billions of dollars of proposed new investment in the sector, an industry official said on Wednesday.
The public works ministry has issued a new regulation attached to the 2007 spatial planning law to provide guidelines on zoning of areas used for different purpose such as conservation, housing and industry.
Companies which have set up in areas not intended for a particular business can have their business permit revoked under the law.
The regulation has discouraged the forestry ministry from issuing land-use permits and extending permits for mining firms because officials were worried about being penalised for awarding improper permits, Priyo Pribadi Soemarno, executive director of the Indonesia Mining Association, said.
"The spatial planning does not include mining potential," Soemarno said.
"There will be more companies forced to stop operations because their mining areas are declared as conservation areas," he added.
In a few cases, some areas have been declared as conservation areas even though they already have existing mining projects, Soemarno said.
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"There will be more companies forced to stop operations because their mining areas are declared as conservation areas"
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An Indonesian unit of Thailand's top coal miner Banpu PCL BANP.BK last week had to stop operations at its Jorong coal mine in Kalimantan in Indonesia's Borneo island due to a land permiting problem.
The energy ministry said the Jorong mine operated PT Indo Tambangraya Megah Tbk (ITMG.JK) had already put in a request to the forestry ministry to extend its permit, but one had not yet been issued.
Soemarno did not detail mining companies that could find their operations halted due to conflicting land permits, saying the association was still compiling a list.
But the regulation could also mean new mining projects which are currently at the exploration stage may be unable to advance into the production stage in some cases, Soemarno said.
The association identifed a number of new mining projects currently in progress, worth a total of $10 billion, including a nickel project by Eramet, a nickel project by global miner Rio Tinto and an alumina smelter project by state miner PT Aneka Tambang Tbk
The problems over land permits could hit mining output by increasing uncertainty in the investment climate in Indonesia, mining officials have said.
Southeast Asia's largest economy has struggled to lure foreign investment into mining in recent years, compounded by some politicians taking a nationalist line on resource exploitation and also because of uncertainty over regulations tied to a new mining law passed in 2008.
The government has said it expected mining investment to hit $2.5 billion next year, up from $1.81 billion in 2009.
Source: Reuters
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Monday, 15 March 10
CIL BOARD CLEARS 10 PROPOSALS FOR STRATEGIC PARTNERSHIP OR JVS
Economic Times reported that, Towards achieving a global footprint, state-owned Coal India (CIL) is eyeing strategic partnership or joint ventures w ...
Sunday, 14 March 10
CHINESE COAL PRICE MAY RISE TO TRADE NEAR SPOT, MACQUARIE SAYS
Bloomberg reported that, Steel mills in China, the world’s biggest producer of the alloy, may pay more for domestic coking coal this year as d ...
Sunday, 14 March 10
THERE IS NO INDICATION OF SLOWING DOWN OF IRON ORE AND COAL IMPORTS BY CHINA - VISTAAR SINGAPORE
COALspot.com: The dry bulk freight market continued the upward trend and the BDI closed 8.14 pct this week.
The Cape index up by 10.32 pct ...
Saturday, 13 March 10
INDONESIA COAL EXPORTS DROP IN FEBRUARY
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons in January 2010 which fell slightly to 22.89 mln ton of coal i ...
Saturday, 13 March 10
INDONESIA TELLS BUKIT ASAM TO DITCH PARTNER IN SUMATRA RAILWAY UNLESS PROJECT STARTS
The Jakarta Globe reported that, the Indonesian government has urged state-owned miner PT Tambang Batubara Bukit Asam to look for new partners to he ...
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Showing 5941 to 5945 news of total 6871 |
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- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
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