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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 $1.81 billion in 2009.
Source: Reuters
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Tuesday, 02 March 10
INDONESIA'S PROTECTED FORESTS NOW OPEN TO DEVELOPMENT
The Jakarta Globe reported that, President Susilo Bambang Yudhoyono has signed a decree to allow mining, power plants and other projects deemed stra ...
Monday, 01 March 10
166 MINING COMPANIES THREATEN ENVIRONMENT
Viva News reported that, the Indonesian Forum for the Environment (Walhi) of East Kalimantan reveals that 166 coal mining companies, which are curre ...
Monday, 01 March 10
IRON ORE PRICE NEGOTIATIONS - 80PCT HIKE SEEN BY CHINESE
China Knowledge quoted an insider from a large Chinese steel company said there will be a significant increase in steel prices in the next few month ...
Sunday, 28 February 10
SUPRAMAX CHARTER RATES FOR ONE YEAR IS AROUND US$ 19,000/20,000 PER DAY - VISTAAR SINGAPORE
COALspot.com : The freight market firmed up by almost 10 pct on Supramax and Handy size and about 7 pct on Panamax.
However it was interesting to ...
Sunday, 28 February 10
MINISTRY SEEKS TWO YEAR DELAY TO IMPLEMENT ENVIRONMENT LAW
The Jakarta Post reported that, The ministry of energy and mineral resources has proposed that the government postpone the implementation of the 200 ...
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Showing 5966 to 5970 news of total 6871 |
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- Heidelberg Cement - Germany
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- The University of Queensland
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
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