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