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Friday, 30 December 11
CENTRAL GOVERNMENT SHOULD ISSUE PERMITS - THE JAKARTA POST
 The Jakarta Post reported that, business associations from both the palm oil and mining sectors have suggested that the central government should reclaim the authority to issue operating permits to private companies.
The associations said that confusion occurred under the current arrangements and this led to conflict between companies and locals.
The Indonesian Mining Association (IMA) called on the government to review the 2009 Minerals and Coal Law because it granted “exclusive authority” to local governments in managing natural resources in regions as well as issuing operating permits to companies.
“The 2009 Minerals and Coal Law contradicts Article 33 of the 1945 Constitution which stipulates that the central government manages the country’s natural resources for the greater good of the people,” IMA executive director Syahrir A.B. told The Jakarta Post on Thursday.
Article 37 of the Mineral and Coal Law stipulates that permits for mining activities are to be issued by regents or mayors of areas where mining activities take place. It also stipulates that permits can be issued by governors or the minister under certain circumstances where mining areas cross different jurisdictions or provinces.
“However, the government must first prioritize the evaluation of all mining activities, as well as oil palm plantations, to check whether the operating permits were obtained through dubious processes,” said Syahrir, adding that the government should also involve the Corruption Eradication Commission (KPK) to “check alleged corrupt practices involving local officials in the issuance of operating permits”.
Syahrir said that the 2009 law was responsible for inciting local conflicts involving mining companies, including the incident in Bima, West Nusa Tenggara, involving gold mining company PT Sumber Mineral Nusantara (SMN).
Two people were killed at Sape Seaport in Bima, West Nusa Tenggara, on Dec. 24 when members of the Police Mobile Brigade made efforts to disperse a crowd rallying against the future mining activities of SMN, citing environmental concerns.
Police forensic scientists have found that the victims were shot from a close range and now the police are investigating dozens of officers deployed to the scene to look into possible violations of standard operating procedures in crowd
control.
Ninety-five percent of SMN’s shares are owned by Australian Arc Exploration Limited, whose director, George Tahija, is also a commissioner of PT Freeport Indonesia, one of IMA’s 41 members.
The Indonesian Palm Oil Producers Association (GAPKI) also said that it supported “clean and clear” administrative processes involved in the issuance of operating permits for palm oil companies.
“Nothing will go wrong if companies abide by legal administrative processes. That’s why it’s very important for companies to meet all legal standards to prevent possible conflicts” GAPKI executive director Fadhil Hasan said on Thursday.
Fadhil, however, said that companies should not take all the blame when conflicts occurred with local communities.
He said that preventing conflict involved “a three-way communication” between companies and the people, and between the government and the people.
For this reason, Fadhil said that PT Sumber Wangi Alam (SWA), one of Gapki’s 400 members, should not be regarded as the only culprit in the Mesuji conflict in Lampung and South Sumatra region.
“SWA has told us their side of the story, which is completely different from what has been written in the media. Let the fact-finding team investigate what really happened there,” he said. (msa)
Source: The Jakarta Post
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Monday, 15 December 14
INDONESIAN COAL PRICE REFERENCE CRASHES THROUGH $65
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down the coal bench mark price once again in December. HBA for t ...
Monday, 15 December 14
CFR SOUTH CHINA COAL SWAP LOST $3.37 M-O-M
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased by US$ 3,37 (-5.33%) month over month and US$ 1.58 (-2.57%) ...
Monday, 15 December 14
Q1' 15 FOB NEWCASTLE COAL SWAP CLOSED AT $ 51.45 ON 12 DEC
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 1.45 per MT (-2.74%) closed at US$ 51.45 on 12 December month over ...
Sunday, 14 December 14
FREIGHT RATES ARE EXPECTED TO BE SOFT NEXT WEEK
COALspot.com: The Baltic Dry Index (BDI), a measure of commodity-shipping costs, fell 12.12 pct to 863 points week ending 12 December 2014.
Th ...
Friday, 12 December 14
LIMITED TRADING AND AN OVERSUPPLY OF TONNAGE PUSHED HANDY SIZE SHIPS TO DOWN IN USG
Handy
We have seen the TA spot market come down this week lead by limited trading and an oversupply of tonnage in the USG, Fearnleys said in its ...
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- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Mjunction Services Limited - India
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- The State Trading Corporation of India Ltd
- Sakthi Sugars Limited - India
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Romanian Commodities Exchange
- MS Steel International - UAE
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
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