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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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Wednesday, 10 February 10
ANGLO AMERICAN TIPS COAL PRICE RISE AFTER RAIN, AUSTRALIAN SAYS
Anglo American Plc expects coking coal contract prices to rise after weeks of heavy rain in Queensland state cut output by as much as 10 million met ...
Wednesday, 10 February 10
KANGAROO RESOURCES COMMENCES MINING AT MAMAHAK COKING COAL PROJECT
International coal producer Kangaroo Resources has kicked off mining at its second Indonesian coal operation, the Mamahak Coking Coal Project in Eas ...
Wednesday, 10 February 10
CHINA DENIES CLIVE PALMER'S COAL DEAL
ONE of China's biggest government-owned companies yesterday repudiated mining billionaire Clive Palmer for overstating what he said was Australia' ...
Tuesday, 09 February 10
INDIANS SAY SEEKING COAL BARGAINS VIA INDEX PRICES
* Indonesian cheaper than S.African - traders
* End-users wait for price falls before tendering
Indian coal traders responsible for the bulk of ...
Tuesday, 09 February 10
EURO COAL-PROMPT SLIDES WITH OIL PRICES
* April S.African cargo trades at $83.50/T FOB, unchanged
* April DES cargo trades at $74.75 a tonne, down $1/T
* Russia's Kuzbassrazrezugol sees ...
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Showing 6011 to 6015 news of total 6871 |
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- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Planning Commission, India
- MS Steel International - UAE
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
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