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Wednesday, 25 May 11
MINERS BACK GOVT PLAN TO FREEZE MINING PERMITS - THE JAKARTA POST
Indonesian coal miners hailed the government’s decision to impose a moratorium on the issuance of new mining permits, saying the freeze would be needed to give authorities time to settle the growing conflicts resulting from overlapping permits, reports The Jakarta Post.
Speaking with Jakarta post reporter Rangga D. Fadillah,the Indonesian Coal Mining Association (APBI) said, association fully supported the government’s plan, since overlapping permit conflicts had been a problem for coal mining businesses operating in Indonesia.
“This is a very good move,” he added.
The number of mining permits issued has increased sharply since the passing of the new mining law in 2009, which empowers local administrations to issue mining permits in their areas.
Since the implementation of the law, the number of mining permits increased to 10,245 as of August, last year, up from 597 permits in 2000, according to government data.
One result of the significant increase in the number of new permits being issued was that many mining permits overlapped one another since they were issued without following a standard mapping system or the procedures that had been laid out by the central government, he said over the phone on Tuesday.
Supriatna said that regional governments also granted many mining concessions without following regulations such as obliging the permit holders to conduct environmental impact analyses (Amdal) and submit explorations.
“Many of those governments didn’t know what to do. They didn’t understand the procedures,” he added.
“Due to these problems, even permits for state-owned coal producer PT Bukit Asam were given to other companies. That’s why verification and permit audits are necessary.”
The newly appointed director general for mineral and coal, Thamrin Sihite, had previously reported that most of the permit overlaps were in Kalimantan.
He pledged that the government would take all necessary measures to solve the problem.
The paper further reported that, coordinating Minister for the Economy Hatta Rajasa said on Monday that the government had temporarily stopped issuing new mining permits and extending the existing ones to settle growing conflicts between mining companies over the overlapping mining territories in the country, Kontan reported on Tuesday.
Hatta added that the moratorium on new mining permits would be lifted only after the mine overlaps were settled.
During the moratorium, the government would audit and verify the thousands of mining permits issued by provincial and regental governments to ensure that there would not be any overlap, he said.
Hatta added that the central government would form a team to be led by the Energy and Mineral Resources Ministry and the Domestic Affairs Ministry to audit mining permits across the country.
Finance Minister Agus Martowardojo said that the verification process was needed not only to settle problems caused by overlapping mining areas but also to ensure that all permit holders followed regulations and did not destroy the environment.
The growing conflicts resulting from the overlapping mining areas have discouraged foreign investors, who are now crucial for boosting mining operations.
The Energy and Mineral Resources Ministry said it expected investment in the mineral and coal mining sector to reach US$3.2 billion this year, a slight increase from last year’s $3.18 billion.
Source: The Jakarta Post
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Friday, 03 June 11
DRY BULK MARKETS RESURGENCE APPEARS TO BE LOSING SOME STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s seems to be losing some steam, despite reports of growing Chinese demand for commodities, especially coal, on the back o ...
Thursday, 02 June 11
LARGE SUPRAS FOR RBCT/INDIA ROUND ARE NOW ASKING 14K - FEARNBULK
Handy
The Handy/Supra market has in general been flat and un-exciting this week. The Black Sea market is almost non existing while the US Gulf mar ...
Thursday, 02 June 11
DRY BULK SHIP OWNERS LOOKING INTO SHORTENED WEEK WITH ANXIETY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With most markets in the western world closed yesterday, as a result of Memorial Day, dry bulk stakeholders weren’t able to build over the pos ...
Monday, 30 May 11
MIANG BESAR COAL TERMINAL ON TARGET
COALspot.com - MBCT, to be largest coal terminal in Asia to start construction in Indonesia’s east Kalimantan Island in July 2011 says Mr. Joh ...
Sunday, 29 May 11
THE FREIGHT MARKET CONTINUED TO GAIN MOMENTUM - VISTAAR
COALspot.com - The freight market continued to gain momentum and the BDI, Cape Index and Panamax was by up almost 10-12 pct and on all sectors, Vist ...
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- Economic Council, Georgia
- GMR Energy Limited - India
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- White Energy Company Limited
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Planning Commission, India
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
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