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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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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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- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Thai Mozambique Logistica
- Bayan Resources Tbk. - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- Australian Coal Association
- The University of Queensland
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
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