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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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Monday, 08 June 09
PTC INDIA TO ACQUIRE COAL MINES IN AUSTRALIA, INDONESIA - PTI NEWS
PTI reported that, State-owned Power Trading Corp today said it would acquire coal properties overseas and has identified mines in Australia and Ind ...
Monday, 08 June 09
PRIVATE COAL MINERS LIKELY TO LAND COMMERCIAL LICENSE - ECONOMIC TIMES
Economic Times of India reported that, The government may allow commercial coal mining by private companies as it looks to plug the demand-supply ga ...
Monday, 08 June 09
SAN MIGUEL EYES LOCAL MINING VENTURES - PHILIPPINE DAILY INQUIRER
Philippine Daily Inquirer reported that, Diversifying conglomerate San Miguel Corp.is making big plans for Philippine mining, seen as an industry th ...
Monday, 08 June 09
NAPOCOR BUYING COAL FOR PAGBILAO PLANT - PHILIPPINE DAILY INQUIRER
Philippine Daily Inquirer reported that, State-run National Power Corp. plans to buy 390,000 metric tons of steaming coal next month, to supply the ...
Sunday, 07 June 09
SEMIRARA SELLING COAL TO THAILAND - STEELGURU
Business Mirror reported that coal producer Semirara Mining Corporation has successfully entered the Thailand market during the Q1 of the year, help ...
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- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- Bhatia International Limited - India
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Iligan Light & Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- GMR Energy Limited - India
- Bangladesh Power Developement Board
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- The University of Queensland
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
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