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Tuesday, 02 March 10
INDONESIA'S PROTECTED FORESTS NOW OPEN TO DEVELOPMENT
 The Jakarta Globe reported that, President Susilo Bambang Yudhoyono has signed a decree to allow mining, power plants and other projects deemed strategically important to take place in protected forests.
The decree, which took effect on Feb. 1, is certain to anger environmental groups given that the country already has one of the fastest rates of deforestation in the world.
“The use of forest areas for development activities can be done for unavoidable strategic purposes,” said the decree, which said key development projects included power plants, renewable energy, toll roads and train lines.
The decree said open-pit and underground mining could take place in production forests, which is a forest area considered neglected or abandoned after trees have been cut.
“In a protected forest, mining can be done through underground mining,” the decree said.
The decree defined mining activities as including oil and gas, minerals, coal and geothermal.
Yudhoyono has pledged to cut red tape and prevent overlapping regulations from slowing down projects ranging from mining to toll roads. Increasing exploitation of mineral resources and speeding up infrastructure development are seen as keys to boosting growth and creating jobs.
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“President has pledged to cut red tape and prevent overlapping regulations from slowing down projects ranging from mining to toll roads”
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State-owned oil and gas company PT Pertamina has urged the Forestry Ministry to allow geothermal activities in protected forests as most of the country’s geothermal reserves are located in these areas.
There has frequently been confusion over whether companies can exploit resources in forest areas, with various ministries requiring permits.
The Forestry Ministry recently asked Freeport McMoRan Copper and Gold to submit a request to use land in a protected forest area, a ministry official said on Tuesday. Freeport operates the huge Grasberg copper and gold mine in Papua. Grasberg has the world’s largest recoverable reserves of copper and the largest gold reserves.
In 2004, the government allowed 13 mining firms, including Freeport, to continue mining operations after the introduction of a law in 1999 that banned open-pit mining in forested areas.
Last month, police temporarily shut the Jorong coal mine in Kalimantan operated by a unit of Thailand’s top coal miner, Banpu, over a permit problem. Banpu said the closure would only have a slight impact on production at its domestic unit, PT Indo Tambangraya Megah.
Indonesia has struggled to attract fresh investment into mining, as well as for developing new oil and gas fields, partly due to uncertain regulations and red tape.
The government has previously said it expected mining investment to hit $2.5 billion this year, up from $1.81 billion in 2009, supported by greater certainty after the introduction of new mining regulations.
Source: The Jakarta Globe
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Thursday, 04 March 10
BANPU KEEPS JORONG OUTPUT AT 2M TONNES
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is maintaining an output target of 2 million tonnes this year from its Jorong mi ...
Thursday, 04 March 10
THE INDIAN MARKET WAS STILL STRONG - FEARNRESEARCH
HANDY
Activity has gradually improved in the Atlantic throughout the week. All areas&n ...
Thursday, 04 March 10
GLOBAL COAL PRICES GETS SUPPORT FROM EM DEMAND
Commodity Online reported that, AP12 coal prices look well supported in 2010 thanks to positive outlook for Chinese coal demand whereas coal demand ...
Thursday, 04 March 10
THREE NEW GLOBAL PRICES INDEXES FOR COKING COAL
Commodity Online reported that, On February 26, Energy Publishing Co. broke new ground in the coal-marketing industry when it began publishing three ...
Tuesday, 02 March 10
INDIA WAS AGAIN THE WINNER IN THE EAST, WITH SUPRAMAXES FIXING CLOSE TO US$40,000/DAY FROM THE WEST COAST
There was little movement in the BDI this week but behind the scenes, the Supramax and Handy size segments posted significant gains, correcting the ...
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Showing 5961 to 5965 news of total 6871 |
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- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Planning Commission, India
- White Energy Company Limited
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Australian Coal Association
- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- The University of Queensland
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
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