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Wednesday, 25 January 12
CLEAN AND CLEAR MINING PERMITS TO BE COMPLETED END OF 2012 - BISNIS.COM
 Bisnis.com reported that, the government plans to announce 700 mining permits with "clean and clear" status without overlapping on other permit holders in the near future so all of the permits are expected to be complete at the end of 2012.
Since the issue of Mining Act, the Ministry of Energy and Mining Directorate General of Mineral Resources (ESDM) until mid-2011 there were 9,662 mining permits (IUP)issued by the local governments.
Of the total IUP, only 3,778 permits have clean and clear status. Clean and clear status shows that the mining areas have complete documents and no overlapping areas.
The remaining 5,884 permits are problematic. In fact, there are expected to be significant unclear permits since the licensing authorities are held by the local governments. This is because regional heads or regents neglect to manage the matter.
A Bisnis source said that in one area of East Kalimantan, to take power of attorney over the adjustment of mining permit status into exploration permit about IDR 250 million (approximately US$ 27,700) is needed, while the 'cost' for a production permit ranges between IDR 500 million and IDR 1 billion (approximately US$ 55,401 - US$ 110,803).
It is caused by the unprofessional regents who gave permits to more than one party," said Thamrin Sihite, Director General of Mining and Mineral Resources
Ministry last weekend.
The Directorate General of Mineral and Coal has assigned the University of Indonesia (UI) to resolve the issue. The appointment has caused internal resistance since the verification which was actually conducted by the Directorate of Commercial Directorate of Coal and Mineral has to be taken over by an Independent Team from UI.
The completion of the mining permit verification, Thamrin said, is expected to boost state revenues from the mining sector.
"With reconciliation, the mining permit will be more orderly. In addition, the permit holder who usually pays a dividend to the regional government, will now be expected to pay the central government. The central government has also conducted socialization to the local government so that the payment of non-tax state revenues can be deposited to central. Then, it will be distributed to the local government,"he said.
Besides completing the reconciliation of mining permit, the government also continues to fix the mining sector. President Susilo Bambang Yudhoyono has formed an evaluation team to adjust working contract (KK) and the agreement of the coal mining business (PKP2B) in accordance with Presidential Decree No.3/2012.
The team is composed of the Coordinating Minister for Economic Affairs Hatta Rajasa as the chairman, the Minister of ESDM Jero Wacik as Chief Executive and Director General of Mineral and Coal Thamrin Sihite as the secretary.
The evaluation team members consists of the Minister of Finance, Minister of Home Affairs, Minister of Justice and Human Rights, Minister of Industry, Minister of Trade, Minister of Forestry, Minister of SOEs, the Cabinet Secretary, the Attorney General, Chief of Financial Development Supervisory Board (BPKP), Head of National Land Agency (BPN), and the Head of Investment Coordinating Board (BKPM).
Source : Bisnis.com (By:Vega Aulia Pradipta) / Mitrais
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Wednesday, 07 March 12
ASSESS ASIAS POTENTIAL, DEVELOPMENTS AND APPETITE FOR SHALE AT SHALE GAS SUMMIT
Press Release - Assess Asia’s Potential, Developments and Appetite for Shale at Shale Gas Summit on 23-24 Apr, 2012 in Beijing
China is rep ...
Wednesday, 07 March 12
3RD MOZAMBIQUE COAL CONFERENCE
3rd Mozambique Coal Conference
2-4 July 2012 | Joaquim Chissano International Conference Centre , Maputo, Mozambique
http://www.immevents.com/mo ...
Wednesday, 07 March 12
DRY BULK MARKET KEEPS UP TIMID REBOUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its rising momentum yesterday, rising for the eighth straight session, on the back of renewed demand for smaller bulk c ...
Wednesday, 07 March 12
BUKIT ASAM EYES 39% RISE IN COAL SALES - INSIDER STORIES
Insider Stories reported that, PT Bukit Asam Tbk is scouting a 39% increase in coal sales volume to 18.66 million tons this year from last year with ...
Wednesday, 07 March 12
PETROSEA SEALS US$188 MIO CONTRACT - INSIDER STORIES
Insider Stories reported that, coal mining contractor PT Petrosea Tbk has secured a US$188 million additional contract from its affiliated firm PT S ...
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- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Planning Commission, India
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
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