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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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Thursday, 18 February 10
THE INDIAN MARKET IS FIRMING A BIT, DUE TO LACK OF TONNAGE IN THE REGION
HANDY
The BSI still decline as holidays around the world have reduced trading.
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Thursday, 18 February 10
COAL MINERS FACE SHUTDOWN OVER RECLAMATION FUNDING
Three coal mining companies may be forced to temporarily stop operations this year if they fail to provide funding for a site-reclamation program.
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Thursday, 18 February 10
DECOUPLING FROM OIL PRICES ON STRONG GLOBAL ENERGY DEMAND
A recent coal market conference in Singapore focused on two main issues –— the demand for coal as a source of energy, and coal pricing.& ...
Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry offici ...
Wednesday, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...
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Showing 5981 to 5985 news of total 6871 |
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- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Indonesian Coal Mining Association
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
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