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Wednesday, 29 April 09
NEW GOV'T REGULATION SHOULD INCORPORATE CONFLICT SETTLEMENT BODY - ICMA (MAJALAH TAMBANG)
A draft government regulation on mineral and coal is currently in a process of completion. The Indonesian Coal Mining Association (ICMA) proposed that a new body for conflict settlement be incorporated in the draft regulation. The new body would then be dependable for conflicts related to mining zones. ICMA further suggested that the regulation also endorses Initial Public Offerings (IPO) as a divestment model of foreign owned shares in Indonesia.
Supriatna Suhala, ICMA's Executive Director, revealed that the association had received four draft regulations on mineral and coal from the government, who is looking for inputs prior to the regulations' enactment. The four drafts would engage in several keypoints and activities in the new mining law: on mining zones, mining business, direction and supervision of mining, and on reclamation and post-mining.
In his assessment, the four draft regulations are still inadequate. On the issue of mining zones, for instance, there is no single mentioning of a conflict settlement body. To determine zonal areas for mining, the potential of a conflict is huge, therefore a special refereeing body is seen as a way to avoid frictions on the issue, said the spiritful Mr. Suhala. "In such a conflict, the body could ultimately decide on which sector to be given the opportunity to make use of the mining zone(s) first. In short, the body would be able to put the national interests above others," he added. In the past, the issue of overlapping of mining areas had among others pitted the mining sector against the forestry, the agricultural, and the environmental sectors.
Mr. Suhala also noted that a divestment obligation which should begin five years after the initial operation of a company here would only add to the corporation's woes. By then, companies would still be in debts to their financiers as their business are also still years away from their break even points.
On the discussion of mining business, Mr. Suhala stated that IPO is already a very transparent practice as a divestment model. "It should be conducted in the most transparent manner possible, otherwise it would not benefit (the sector)," he said.
Mr. Suhala then confirmed that ICMA would present all its views and suggestions during the next discussion on the draft regulations with the government and other stakeholders in the mining sector. The association has absolutely high hopes that when enacted, the bylaws would provide a certain support to create a more conducive investment climate in the mining sector.
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Sunday, 21 June 09
TRANSPORT PROBLEMS HOLD BACK RUSSIAN COAL EXPORTS
Limited rail capacity and poor port infrastructure are frustrating the ambitions of Russia's leading coal producers to increase exports quickly to ...
Saturday, 20 June 09
MINING LICENSE PROCEDURES `PROPER' - (UPDATE 3)
All 13 coal mining firms operating in Sawahlunto, West Sumatra, complied with procedures in obtaining their licenses, authorities say, as a recent m ...
Saturday, 20 June 09
TECK SEES 2009 COAL SALES AT UPPER-END OF FORECAST
* Sees 2009 coal sales at upper-end it of prior forecast
* Says increased Chinese demand, driving brighter outlook
Teck Resources Ltd said on Fr ...
Saturday, 20 June 09
COAL OUTLOOK DARKENS AS PRODUCERS LOOK FOR PRICING FLEXIBILITY
Russia’s coal output has dropped 17% in the first quarter of the year, with slowing demand and rising tariffs adding gloom to the outlook for ...
Saturday, 20 June 09
AUSTRALIA'S NEWCASTLE THERMAL COAL PRICES FALL 7.7% TO $70.81
Power station coal prices at Australia’s Newcastle port, a benchmark for Asia, fell 7.7 percent, declining for the first time since the week e ...
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- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- The University of Queensland
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
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