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Friday, 10 February 12
GIVE PERMIT POWERS TO GOVERNORS: MINERS - THE JAKARTA POST
 The Jakarta Post reported that, following clashes between mining companies and local residents, the Indonesian Mining Association (IMA) wants to transfer the right to issue mining permits (IUP) from regents to governors.
IMA executive director Syahrir AB said the central government had to regulate the mining sector to stop regents from issuing overlapping permits and must intervene and solve problems directly if something went wrong.
“Governors, as representatives of the central government, will be more effective in controlling the regions, including supervising what the regents are doing,” Syahrir told reporters after meeting with Energy and Mineral Resources Minister Jero Wacik on Thursday in Jakarta.
The 2009 Minerals and Coal Law grants regents the sole right to issue or revoke IUPs. However, in practice, many problems have appeared since the law was enacted, as different regents have issued conflicting permits for the same areas.
According to the minerals and coal directorate at the Energy and Mineral Resources Ministry, around 60 percent of the 9,662 mining permits issued locally across the nation lacked “clean-and-clear” certification, as they either overlapped with other permits or were not issued correctly.
Syahrir said Indonesia would need a legal instrument to strip regents of their licensing power and to transfer it to governors, such as new government regulations or a revision of the law on minerals and coal.
“We have discussed that with Minister Jero. The response was positive, but it’s just the very beginning of the process. We have just suggested it,” Syahrir said.
Syahrir also said that he and Jero discussed clashes between mining companies, local administrations and local residents.
In the most recent violence, a crowd set fire to Vale Indonesia’s base camp in Morowali, Central Sulawesi, on Monday, demanding that the company stop local operations since local residents did not benefit.
In December, two men were killed by the police in Bima, West Nusa Tenggara, as officers tried to diffuse a protest against PT Sumber Mineral Nusantara (SMN).
Local residents claimed that the company’s operations might disrupt their farms and plantations. Bima Regent Ferry Zulkarnain eventually revoked Sumber Mineral Nusantara’s IUP.
Separately, a mining expert at the ReforMiner Institute, Pri Agung Rakhmanto, said the clashes and permit problems might send a bad message to investors on Indonesia’s investment climate.
Rakhmanto said the clashes were brought on by three factors. First, many impoverished local residents felt that nearby mining activities did not directly improve their living standards.
Second, local administrations were not transparent in informing the people about how much they received from mining activities. Third, the management of mining areas in the nation was still far below expectations.
“The central government actually has the authority to classify and map mining areas, which should be the basis for local administrations to issue IUPs. However, the classification and mapping process have not been completed,” he told The Jakarta Post.
A lawmaker on House of Representatives Commission VII overseeing mining and energy, Satya W. Yudha from the Golkar party, said the House would consider transfering IUP issuance power to governors when it revised the law on minerals and coal.
Source: The Jakarta Post (Rangga D. Fadillah)
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Saturday, 11 February 12
WILL HISTORY REPEAT ITSELF IN THIS SHIPPING CYCLE? - CLARKSONS / HELLENIC SHIPPING
A slightly dubious "best man" joke runs as follows… Best man (giving his wedding speech): "Have you noticed how history repeat ...
Friday, 10 February 12
TONNAGE KEEPS ON COMING - DREWRY
Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to cont ...
Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA
COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia.
According to company's ...
Thursday, 09 February 12
RESOURCE ALAM BUYS 28,521HA CONCESSIONS - INSIDER STORIES
Insider Stories reported that, PT Resource Alam Indonesia Tbk (KKGI), owned by Adijanto family, today announced acquisition of 75% interest in PT Ka ...
Tuesday, 07 February 12
DRY BULK MARKET FINALLY STOPS DECLINE, POSTS FIRST RISE IN MORE THAN A MONTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After falling to near record lows, not seen since the mid-80s the dry bulk market has finally stopped its path to "hell", with the industr ...
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Showing 4856 to 4860 news of total 6871 |
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- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- London Commodity Brokers - England
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Tata Chemicals Ltd - India
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