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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 currently applying forest use permit to run their business, are a threat to the forests’ sustainability.
“Unfortunately, some areas are protected forests,” the forum director, Isal Wardhana said in Samarinda as reported by tvone.co.id on Monday, March 1, 2010.
He also said that morally, the decision of Forestry Ministry to approve the request of the regional government and more than 60 mining companies in East Kalimantan to approve the forest use for non-forestry activities is unjustifiable.
According to the data obtained by Walhi, the provinces which mostly propose for forest use permit are South Kalimantan with 72 requests, East Kalimantan with 65 requests, Central Kalimantan with 20 requests and West Kalimantan with 8 requests.
Since 2001, deforestation in East Kalimantan has affected 350 thousand acres every year, which led to losses for the locals who still rely on forest products to earn a living.
Wardhana assumes that the government should not have granted the requests even though according to the rule, they should be approved after the issuance of Forest Ministerial Decrees.
“The requests should be deeply analyzed because the amount of deforestations in East Kalimantan is increasing. It has even affected protected forests as well,” he said.
Forest area exploitations in East Kalimantan would significantly affect the sustainability of forests in East Kalimantan and cause ecological disasters in the province. Based on Walhi’s observation, in the case occurred in Nunukan regency, the local government executed a road development project in a protected forest area.
“Until now, the local government has not been able to publicly show the Forest Ministerial Decree regarding the forest use, “ Wardhana said.
The project execution was a violation against the forestry law. “Authorities should have stopped it,” he said.
He went on by saying that the new Forestry Minister should not issue a decree on forestry use for Nunukan local government until the project is deeply examined. There has been an indication that the project was implemented without any decree.
“The particular activity will reduce the number of forest areas in East Kalimantan, especially because the reclamations, which have been done by several major coal companies in East Kalimantan, haven’t run maximally, “ he said.
Wardhana’s statement is supported by the finding of several lands that have not been maximally reclaimed by the team from the Provincial House of Representatives a while ago.
Source: Viva News - Translated by: Nataya Ermanti
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Wednesday, 31 March 10
COAL INDIA MULLS JOINT VENTURE WITH RIO TINTO AND PEABODY - DNA
DNA reported that, Coal India Ltd. (CIL) has finalised two key contenders for its international joint venture (JV) in Australian and US each. The co ...
Wednesday, 31 March 10
DRY BULK MARKET STILL MODERATELY FALLING, BUT POSITIVE SIGNS APPEAR ON THE HORIZON - HELLENIC SHIPPING
The irregularities of the current dry bulk market have been more than evident in the fact that panamax vessels today earn more than their larger cap ...
Wednesday, 31 March 10
INDIKA ENERGYS PROFIT HIT BY FOREX LOSS AND CABOTAGE - THE JAKARTA GLOBE
The Jakarta Globe reportd that, PT Indika Energy posted a 30 percent drop in 2009 net profit due to a foreign exchange loss and impairment of intang ...
Wednesday, 31 March 10
ITMG TO UP COAL OUTPUT DESPITE PERMIT PROBLEMS - THE JAKARTA POST
The Jakarta Post reported that, the country’s third largest coal producer PT Indo Tambang Raya Megah (ITMG) said it can raise output although ...
Tuesday, 30 March 10
ANALYST SEES BDI LIFT, SUGGESTS DRY BULK SHORT SQUEEZE
Analysts at Credit Suisse are bullish on Diana and see a potential short squeeze elsewhere in the sector. The Baltic Dry Index (BDI) -- an industry ...
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- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Economic Council, Georgia
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
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