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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, 21 January 10
HANDYMAX - SHORT PERIOD OWNERS IDEAS ARE AROUND MID/LOW 20S - FEARNLEYS AS
HANDY
The BSI moved in a downward direction since last Friday reflecting minor a ...
Thursday, 21 January 10
ASF GROUP TO COMMENCE COAL SALES TO CHINA BY FEBRUARY 2010
Sydney-based China energy and resource conduit, ASF Group has struck an agreement to supply coal to China.
In September 2009, ASF announced a ven ...
Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than ...
Thursday, 21 January 10
CABOTAGE POLICY POSTPONED
The Transportation Ministry has decided to postpone for one year the full enforcement of the cabotage principle – a maritime term for the proh ...
Thursday, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
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Showing 6066 to 6070 news of total 6871 |
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- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- The University of Queensland
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
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