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Monday, 28 June 10
REVISIONS SHOULD AIM MINERAL AND COAL LAW
VIVAnews reported that, the Consortium of Mineral, Coal and Geothermal-Producing Regional Governments (Minerbapabum) is asking the government to perform a judicial review on Mineral and Coal Law No 4/2009.
According to the consortium’s secretary general, RB Budi Sarjono, the law has led to several restrictions resulting in decreases in local income.
“We’re asking the government to conduct a judicial review,” Sarjono said in a discussion session at Jakarta’s Crowne Plaze Hotel on Monday, June 28.
He also said one of the articles in the law, which is Article 169, disserves the regions. Meanwhile, one of the forms of the judicial review is renegotiating the Work Contract and the Coal Business and Mining Agreement, which is already in effect. However, during the renegotiation, the local governments should be involved.
“The regions should be engaged in the renegotiation and the revision of existing contracts,” he said.
West Nusa Tenggara’s West Sumbawa Regent Zulkifli Muhadli said his party was suspecting a hidden sponsorship message in the law.
“One of them is in Article 169, stating that the amount of state income must not be altered,” he said.
Muhadli also questions the royalty of Newmont Nusa Tenggara that only includes gold and silver products and leaves out copper, which is the province’s biggest product.
Source: Viva News
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Friday, 02 July 10
PROPOSED MINERAL RESOURCE RENT TAX - PRESS RELEASE (2)
Press Release: BHP Billiton, Rio Tinto and Xstrata said today that they are encouraged by the Federal Government’s announcement that it propos ...
Friday, 02 July 10
MINERALS RESOURCE TAXATION IN AUSTRALIA - PRESS RELEASE
Press Release : Rio Tinto acknowledges the Australian Government’s announcement that the Resource Super Profits Tax (RSPT) proposal will be re ...
Thursday, 01 July 10
TATA POWER TO RAISE US$300 MILLION THROUGH ITS COAL SPVS TO FUND ADDITIONAL ACQUISITIONS AND / OR REDUCE OUTSTANDING DEBT
Stock Markets Review reported that, Tata Power, India’s largest private power player has signed an agreement to raise US$300 million in Bhira ...
Thursday, 01 July 10
HELLENIC SHIPPING NEWS POLL: THE BDI WILL STAY ABOVE 3,000 POINTS IN THE SECOND HALF OF 2010
When Hellenic Shipping News Worldwide prepared June’s poll asking readers about where do they think that the Baltic Dry Index (BDI) will range ...
Thursday, 01 July 10
PANAMAX MARKETS CONTINUE TO DROP IN ALL BASINS - FEARNLEYS
Handy
Atlantic rates continue to slide with little activity. Supras open in USG get low 30´s to Med and mid 40´s to FEast. Hmax/Supra ...
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- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Mjunction Services Limited - India
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- The University of Queensland
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Vedanta Resources Plc - India
- Aditya Birla Group - India
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