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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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Saturday, 25 April 09
KPC DEVELOPS EAST KALIMANTAN WITH GOVT - THE JAKARTA POST
Kaltim Prima Coal (KPC) focuses on several areas in its CSR projects to help the government increase the welfare of the community living around the ...
Friday, 24 April 09
NAPOCOR TO TENDER FOR 195,000 T COAL - ABS-CBNNEWS.COM
Top Philippine electricity producer National Power Corp. (Napocor) said on Friday it will hold a tender on May 20 to buy 195,000 tons of steam coal ...
Friday, 24 April 09
NTPC TO DELVE INTO CONTRACT MINING - ECONOMICTIMES
NTPC, India’s largest power producer, plans to cash in on its decades-old experience in handling coal mines by spinning off a separate u ...
Wednesday, 22 April 09
PROTECTED FORESTS FACING UNDERGROUND MINING THREAT - THE JAKARTA POST
The government is soon to issue a presidential regulation allowing mining companies to mine underground in protected forest areas, despite a recent ...
Tuesday, 21 April 09
MITRA RAJASA TO ACQUIRE TWO MINING COMPANIES - THE JAKARTA POST
PT Mitra Rajasa Tbk plans to acquire PT Realita Jaya Mandiri and PT Masindo Artha Resources in South Sumatra, which are worth around US$40 million.
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- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- The University of Queensland
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Attock Cement Pakistan Limited
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