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Tuesday, 09 March 10
MINING LAW OPTIMIZES SECTOR
Law No. 4 / 2009 on Mineral and Coal Mining have given a new direction for the future of mining in Indonesia, including Domestic Market Obligation, policies on mineral and coal production, increasing the value of mining, and proper ways of mining.
“These new directions is aimed at optimizing the role of mining towards economic growth and public welfare” explains the Director General of Mineral, Coal, and Geothermal, Bambang Setiawan during a seminar on “The Role of Mineral and Coal Mining Towards Economic Growth” at the Kartika Chandra Hotel (25/2).
The Director General further explains that even though the mining sector have always been at the forefront of public scrutiny, it has also provided a major contribution towards the national development. In 2009 alone, these contributions include Rp 51 trillion worth of direct revenue from the mining sector, Rp 15 trillion of which is marked as non-tax revenue; US$ 1,8 billion from working contract companies, state owned companies; direct workforce employment from mining companies; export of mineral and coal commodities; and contribution for regional development which is sourced from mining company royalties and community development programs.
This seminar is aimed at socializing the mining law to stakeholders of the sector, urging them to express their thoughts and inputs on the mining law, and motivating them to increase mining investment. Attendants to the seminar is expected to gain a better understanding on the mining law and its associated regulations in order for them to increase mining investment which in turn will support the national development. (TC)
Source: ESDM
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Friday, 23 April 10
KPCL EYES MINE IN INDONESIA - BUSINESS STANDARD
Business-Standard reported that, Karnataka Power Corporation Ltd (KPCL), the state-owned power generator, is exploring the possibility of acquiring ...
Thursday, 22 April 10
INDONESIAN COAL PRICE REFERENCE FOR MARCH 2010 - US$ 86.64/T
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has begun publishing a monthly coal price reference (HBA) to be use ...
Thursday, 22 April 10
NEED TO IMPORT 82 MT COAL IN FISCAL - INDIA COAL MIN
Indian Express reported that, anxious to bridge the ever-widening gap between the rising demand for coal and its inadequate supply, the Coal Ministr ...
Thursday, 22 April 10
DRY CARGO DEMAND EXPECTED TO INCREASE, FAVORING HIGHER FREIGHT RATES
Increased dry bulk cargo demand is expected to become the norm in the coming weeks and months, according to analysts, which in turn should sustain f ...
Thursday, 22 April 10
INDIA'S BORL SEEKS TO BUY INDONESIAS LOW - SULFUR COAL
COALspot.com: Bharat Oman Refineries Ltd, a joint venture company (promoted by Bharat Petroleum Corporation Ltd, India and Oman Oil Company Lt ...
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- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
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- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
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- White Energy Company Limited
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- Gujarat Mineral Development Corp Ltd - India
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- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
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- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
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- Merrill Lynch Commodities Europe
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- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
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- Commonwealth Bank - Australia
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- Bhushan Steel Limited - India
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- Parliament of New Zealand
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- Trasteel International SA, Italy
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
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- Petron Corporation, Philippines
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- Meralco Power Generation, Philippines
- Minerals Council of Australia
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- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
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- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
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- IEA Clean Coal Centre - UK
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- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- Planning Commission, India
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
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- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
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- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
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- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
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- Attock Cement Pakistan Limited
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- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
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- Romanian Commodities Exchange
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- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
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- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
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- The University of Queensland
- Bulk Trading Sa - Switzerland
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