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Friday, 11 November 11
GOVT WAITS LEGAL DECISION ON BUKIT ASAM, ADARO DISPUTE - JP
The Jakarta Post reported that, The government says that it will not interfere in the settlement process of the dispute between state coal miner PT Bukit Asam and the country’s second largest coal producer, PT Adaro Energy, on an overlapping mining area.
Director general for minerals and coal at the Energy and Mineral Resources Ministry Thamrin Sihite said that the government would wait for a legal decision on the dispute.
“The government will comply with the decision,” he told reporters after attending the launch of the Indonesian Coal Index (ICI) 5, a reference price for low-rank coal, in Jakarta on Thursday.
Overlapping mining areas often happened in the country after the implementation of regional autonomy, he reported.
“In many cases, regent A gives a mining permit to a company, but then regent B, who replaced regent A, also gives a permit for the same area to another company. That happens very often across the country,” said Thamrin.
He promised that the government would solve the problems of overlapping mining areas as soon as possible.
According to the ministry’s data, as of September, only 45 percent or 3,778 of 8,263 registered mining licenses (IUP) have the status of “clean and clear”, the remaining 4,485 licenses were problematic.
Bukit Asam and PT Mustika Indah, whose 75 percent share is owned by Adaro’s subsidiary PT Alam Tri Abadi, are currently in dispute over a mining area in South Sumatra. The case is now in the process of appeal process at the Supreme Court.
Bukit Asam sent a subpoena to Adaro on the disputed land. The company’s lawyer, Anton Dedi Hermanto, said earlier that Adaro claimed Mustika’s land did not overlap Bukit Asam’s mining areas.
He claimed that the mining right (KP) issued by the regent of Lahat for Mustika through the letter of authority number 540/65/KEP/PERTAMBEN/2005 with a total area of 2,742 hectares overlaps Bukit Asam’s exploration area.
The South Sumatra governor’s letter number 556/KPTS/PERTAMBEN/2004 which became Adaro’s reference did not eliminate the right of Bukit Asam over the exploration area of 26,760 hectares.
Source: The Jakarta Post
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Wednesday, 16 November 11
TAX OFFICE VOWS TO CRACK DOWN ON COAL MINERS - JP
The Jakarta Post reported that, the Finance Ministry’s Directorate General of Taxation says that it will strengthen its supervision of coal mi ...
Wednesday, 16 November 11
A STRONG WEEK FOR THE CAPES - BRS
A sharp bounce by the Cape market pushed the BDI up by 3% last week. This was despite a softening in the other indices with the Panamax, Supramax an ...
Monday, 14 November 11
BORL SEEKS 660K MT OF LOW SULPHUR COAL
COALspot.com - BORL India has issued a tender for around 660,000 MT of 4500 - 5500 kcal/kg sub-bituminous Coal.
Bharat Oman Refineries Ltd ...
Sunday, 13 November 11
BUNKER PRICES REMAINED FIRM
COALspot.com - The market seemed to recover this week with the BDI and Cape Index up.
The BDI was up by only about 2.86 pct closing at 1835 point ...
Saturday, 12 November 11
COALINDO ENERGY LAUNCHED INDEX FOR 3400 GAR COAL
COALspot.com - PT Coalindo Energy, in cooperation with Argus Media Limited, launched the coal index for low-rank coal with a calorific value of 3,40 ...
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- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
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- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
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- Bulk Trading Sa - Switzerland
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- Power Finance Corporation Ltd., India
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- Chamber of Mines of South Africa
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- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
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- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
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- Ministry of Mines - Canada
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- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- PTC India Limited - India
- The University of Queensland
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- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
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- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
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- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
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- Kalimantan Lumbung Energi - Indonesia
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- South Luzon Thermal Energy Corporation
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- India Bulls Power Limited - India
- Minerals Council of Australia
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- Oldendorff Carriers - Singapore
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- Eastern Coal Council - USA
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- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
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