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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 $1.81 billion in 2009.
Source: Reuters
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Monday, 15 February 10
INDONESIA IN TALKS TO RESOLVE BANPU MINE CLOSURE
Indonesia is seeking to resolve a land permiting problem resulting in the closure of a coal mine in Kalimantan operated by a unit of Thailand's top ...
Monday, 15 February 10
PVT ENTRY IN COAL MINING TO BE DELAYED
Entry of private players in coal mining will be delayed. Contrary to expectations, the coal ministry will not move in the Budget session a bill that ...
Sunday, 14 February 10
NEWCASTLE STEAM COAL TRADES AT US$ 91 TO US$ 92
Reuters reported that prompt cargo prices for coal delivered into Europe were largely unchanged recently after a day of subdued trading.
European ...
Saturday, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY
COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been fo ...
Saturday, 13 February 10
INDONESIA ISSUES NEW MINING REGULATIONS
Indonesia has issued two new regulations under its mining law to allow firms to start obtaining mining permits, in a move that should increase certa ...
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Showing 5996 to 6000 news of total 6871 |
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- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Australian Coal Association
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- The University of Queensland
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Altura Mining Limited, Indonesia
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
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