COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 13 April 12
S&P CAUTIONS AGAINST NEW INDONESIAN MINING REGULATIONS - THE JAKARTA GLOBE


The Jakarta Globe reported that, Investors may have expressed concerns about looming new mining regulations, but ratings agency Standard & Poor’s says it doubts the government will implement them strictly.

“Whether the government of Indonesia will follow up on its hard-line stance is still a question,” the ratings agency said in its latest report on mining.

However, S&P added that “our ratings on mining companies operating in Indonesia have long factored in the country’s evolving regulations. Therefore, our credit outlook on the sector remains stable.”

The government this year issued a series of controversial mining regulations, including plans for an ore export ban, higher royalties, a ceiling on foreign ownership of mining assets, a required upgrade in coal quality before export and so-called “contract of work” renegotiations.

“Not a week has passed without government officials calling for additional royalties, a review of ownership rules or a more equal redistribution of mineral wealth,” S&P said in the report.

Industry Minister M.S. Hidayat was on Thursday quoted by Reuters reiterating an earlier statement by his ministry that the government is studying a 25 percent tax on mining exports this year that will become a 50 percent tax in 2013.

S&P said that if the move is strictly implemented, it “would undeniably hurt Indonesian mining companies as well as international companies that have mining operations in Indonesia. It would raise the cost of doing business in the sector and lessen its attractiveness to investors.”

The ratings agency said that it believed “the government of Indonesia will take a pragmatic approach while implementing mining regulations, given the sector’s economic importance.”

Last year, the government received $6.5 billion in taxes and royalties from mining companies, constituting 5 percent of total government revenue.

Dileep Srivastava, the investor relations director at large coal miner Bumi Resources, expressed concern about the tax.

“If this is enacted, some of our metals and minor coal assets may be vulnerable,” he said.

“But it is premature to form any view yet.”
Source: The Jakarta Globe



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

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 ...


Monday, 05 March 12
SOUTHGOBI ANNOUNCES AGREEMENT TO SELL ITS THERMAL COAL TSAGAAN TOLGOI DEPOSIT FOR US$ 30 MILLION
SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) announced today an agreement to sell its thermal coal property, the Tsagaan Tolgoi Deposit to Modun Re ...


   963 964 965 966 967   
Showing 4821 to 4825 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Ceylon Electricity Board - Sri Lanka
  • PTC India Limited - India
  • Jatenergy - Australia
  • SGS (Thailand) Limited
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Petrochimia International Co. Ltd.- Taiwan
  • Aditya Birla Group - India
  • Reliance Power - India
  • Thermax Limited - India
  • Kapuas Tunggal Persada - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • KPCL - India
  • Larsen & Toubro Limited - India
  • Geoservices-GeoAssay Lab
  • Bank of China, Malaysia
  • Ambuja Cements Ltd - India
  • IMC Shipping - Singapore
  • Tata Chemicals Ltd - India
  • Borneo Indobara - Indonesia
  • Asia Cement - Taiwan
  • Kohat Cement Company Ltd. - Pakistan
  • Altura Mining Limited, Indonesia
  • PNOC Exploration Corporation - Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Metalloyd Limited - United Kingdom
  • Merrill Lynch Commodities Europe
  • Aboitiz Power Corporation - Philippines
  • Platts
  • Commonwealth Bank - Australia
  • Ministry of Mines - Canada
  • Mercuria Energy - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Gupta Coal India Ltd
  • Iligan Light & Power Inc, Philippines
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Indian Energy Exchange, India
  • EIA - United States
  • New Zealand Coal & Carbon
  • Star Paper Mills Limited - India
  • Dalmia Cement Bharat India
  • APGENCO India
  • Miang Besar Coal Terminal - Indonesia
  • Runge Indonesia
  • Tamil Nadu electricity Board
  • Mitra SK Pvt Ltd - India
  • ANZ Bank - Australia
  • The University of Queensland
  • Jindal Steel & Power Ltd - India
  • Kalimantan Lumbung Energi - Indonesia
  • Antam Resourcindo - Indonesia
  • Infraline Energy - India
  • JPower - Japan
  • TeaM Sual Corporation - Philippines
  • Renaissance Capital - South Africa
  • Thiess Contractors Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Directorate Of Revenue Intelligence - India
  • Coastal Gujarat Power Limited - India
  • Panama Canal Authority
  • Japan Coal Energy Center
  • UBS Singapore
  • Lanco Infratech Ltd - India
  • Peabody Energy - USA
  • GAC Shipping (India) Pvt Ltd
  • Cardiff University - UK
  • IHS Mccloskey Coal Group - USA
  • GMR Energy Limited - India
  • Kumho Petrochemical, South Korea
  • Toyota Tsusho Corporation, Japan
  • Gujarat Sidhee Cement - India
  • Sindya Power Generating Company Private Ltd
  • Maruti Cements - India
  • Planning Commission, India
  • bp singapore
  • PLN Batubara - Indonesia
  • IOL Indonesia
  • SRK Consulting
  • Noble Europe Ltd - UK
  • Gujarat Electricity Regulatory Commission - India
  • TGV SRAAC LIMITED, India
  • Merrill Lynch Bank
  • Samsung - South Korea
  • Manunggal Multi Energi - Indonesia
  • Core Mineral Indonesia
  • Maheswari Brothers Coal Limited - India
  • Sucofindo - Indonesia
  • Singapore Mercantile Exchange
  • Billiton Holdings Pty Ltd - Australia
  • KPMG - USA
  • Kaltim Prima Coal - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Krishnapatnam Port Company Ltd. - India
  • San Jose City I Power Corp, Philippines
  • Africa Commodities Group - South Africa
  • White Energy Company Limited
  • Vijayanagar Sugar Pvt Ltd - India
  • Mintek Dendrill Indonesia
  • Shree Cement - India
  • Marubeni Corporation - India
  • Straits Asia Resources Limited - Singapore
  • Karaikal Port Pvt Ltd - India
  • Simpson Spence & Young - Indonesia
  • Carbofer General Trading SA - India
  • Maharashtra Electricity Regulatory Commission - India
  • Romanian Commodities Exchange
  • McConnell Dowell - Australia
  • Orica Australia Pty. Ltd.
  • World Coal - UK
  • Mitsubishi Corporation
  • Deloitte Consulting - India
  • Bank of America
  • globalCOAL - UK
  • Ince & co LLP
  • Coal India Limited
  • Anglo American - United Kingdom
  • Barclays Capital - USA
  • Britmindo - Indonesia
  • Savvy Resources Ltd - HongKong
  • Madhucon Powers Ltd - India
  • Energy Link Ltd, New Zealand
  • India Bulls Power Limited - India
  • ACC Limited - India
  • Petrosea - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Agrawal Coal Company - India
  • Kideco Jaya Agung - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Independent Power Producers Association of India
  • Moodys - Singapore
  • Idemitsu - Japan
  • Sinarmas Energy and Mining - Indonesia
  • Cemex - Philippines
  • Standard Chartered Bank - UAE
  • Tanito Harum - Indonesia
  • Uttam Galva Steels Limited - India
  • Malabar Cements Ltd - India
  • Freeport Indonesia
  • Power Finance Corporation Ltd., India
  • Qatrana Cement - Jordan
  • WorleyParsons
  • ASAPP Information Group - India
  • Leighton Contractors Pty Ltd - Australia
  • GN Power Mariveles Coal Plant, Philippines
  • Ministry of Finance - Indonesia
  • EMO - The Netherlands
  • PowerSource Philippines DevCo
  • GNFC Limited - India
  • ETA - Dubai
  • Semirara Mining Corp, Philippines
  • Minerals Council of Australia
  • Indorama - Singapore
  • Makarim & Taira - Indonesia
  • Attock Cement Pakistan Limited
  • SUEK AG - Indonesia
  • Indonesia Power. PT
  • Central Electricity Authority - India
  • Barasentosa Lestari - Indonesia
  • Coal Orbis AG
  • Clarksons - UK
  • Kartika Selabumi Mining - Indonesia
  • Cargill India Pvt Ltd
  • Vitol - Bahrain
  • VISA Power Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • Bangkok Bank PCL
  • IEA Clean Coal Centre - UK
  • Jorong Barutama Greston.PT - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Banpu Public Company Limited - Thailand
  • Wilmar Investment Holdings
  • Posco Energy - South Korea
  • BNP Paribas - Singapore
  • Siam City Cement - Thailand
  • Indian School of Mines
  • Thailand Anthracite
  • Bhoruka Overseas - Indonesia
  • South Luzon Thermal Energy Corporation
  • CCIC - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Kepco SPC Power Corporation, Philippines
  • IBC Asia (S) Pte Ltd
  • Bukit Makmur.PT - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Fearnleys - India
  • Meenaskhi Energy Private Limited - India
  • Deutsche Bank - India
  • GHCL Limited - India
  • TANGEDCO India
  • Samtan Co., Ltd - South Korea
  • Asmin Koalindo Tuhup - Indonesia
  • Videocon Industries ltd - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Enel Italy
  • Thriveni
  • SMC Global Power, Philippines
  • Mitsui
  • Sical Logistics Limited - India
  • Eastern Energy - Thailand
  • Central Java Power - Indonesia
  • J M Baxi & Co - India
  • Global Business Power Corporation, Philippines
  • Bangladesh Power Developement Board
  • Inco-Indonesia
  • ICICI Bank Limited - India
  • Australian Commodity Traders Exchange
  • Electricity Authority, New Zealand
  • Chamber of Mines of South Africa
  • Goldman Sachs - Singapore
  • Georgia Ports Authority, United States
  • CNBM International Corporation - China
  • Coaltrans Conferences
  • Lafarge - France
  • Formosa Plastics Group - Taiwan
  • The Treasury - Australian Government
  • HSBC - Hong Kong
  • Sojitz Corporation - Japan
  • Jaiprakash Power Ventures ltd
  • Eastern Coal Council - USA
  • Coal and Oil Company - UAE
  • Global Coal Blending Company Limited - Australia
  • Riau Bara Harum - Indonesia
  • PetroVietnam
  • Timah Investasi Mineral - Indoneisa
  • Maersk Broker
  • CESC Limited - India
  • KOWEPO - South Korea
  • Petron Corporation, Philippines
  • Maybank - Singapore
  • Bahari Cakrawala Sebuku - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • U S Energy Resources
  • Siam City Cement PLC, Thailand
  • Price Waterhouse Coopers - Russia
  • Tata Power - India
  • RBS Sempra - UK
  • Humpuss - Indonesia
  • Cosco
  • Economic Council, Georgia
  • Total Coal South Africa
  • Bharathi Cement Corporation - India
  • Thomson Reuters GRC
  • Grasim Industreis Ltd - India
  • McKinsey & Co - India
  • UOB Asia (HK) Ltd
  • Malco - India
  • Cigading International Bulk Terminal - Indonesia
  • GB Group - China
  • Inspectorate - India
  • Binh Thuan Hamico - Vietnam
  • Coeclerici Indonesia
  • LBH Netherlands Bv - Netherlands
  • Bulk Trading Sa - Switzerland
  • The State Trading Corporation of India Ltd
  • Pipit Mutiara Jaya. PT, Indonesia
  • DBS Bank - Singapore
  • Gresik Semen - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Cebu Energy, Philippines
  • MS Steel International - UAE
  • Vedanta Resources Plc - India
  • Vizag Seaport Private Limited - India
  • Rio Tinto Coal - Australia
  • Arutmin Indonesia
  • KEPCO - South Korea
  • Xindia Steels Limited - India
  • Port Waratah Coal Services - Australia
  • TNPL - India
  • Shenhua Group - China
  • Mercator Lines Limited - India
  • Therma Luzon, Inc, Philippines
  • Ind-Barath Power Infra Limited - India
  • Indonesian Coal Mining Association
  • World Bank
  • Bhushan Steel Limited - India
  • Kobe Steel Ltd - Japan
  • Interocean Group of Companies - India
  • Holcim Trading Pte Ltd - Singapore
  • Heidelberg Cement - Germany
  • GVK Power & Infra Limited - India
  • BRS Brokers - Singapore
  • Ministry of Transport, Egypt
  • Wood Mackenzie - Singapore
  • Surastha Cement
  • Australian Coal Association
  • OPG Power Generation Pvt Ltd - India
  • Sarangani Energy Corporation, Philippines
  • CoalTek, United States
  • Argus Media - Singapore
  • Berau Coal - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Pinang Coal Indonesia
  • Platou - Singapore
  • Globalindo Alam Lestari - Indonesia
  • Orica Mining Services - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Indogreen Group - Indonesia
  • PLN - Indonesia
  • Cement Manufacturers Association - India
  • Intertek Mineral Services - Indonesia
  • Vale Mozambique
  • Rudhra Energy - India
  • Credit Suisse - India
  • Mjunction Services Limited - India
  • Coalindo Energy - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • The India Cements Ltd
  • Parry Sugars Refinery, India
  • Kobexindo Tractors - Indoneisa
  • JPMorgan - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Thai Mozambique Logistica
  • TRAFIGURA, South Korea
  • Adani Power Ltd - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Parliament of New Zealand
  • Trasteel International SA, Italy
  • CIMB Investment Bank - Malaysia
  • Permata Bank - Indonesia
  • Bhatia International Limited - India
  • Salva Resources Pvt Ltd - India
  • SMG Consultants - Indonesia
  • Meralco Power Generation, Philippines
  • SN Aboitiz Power Inc, Philippines
  • Xstrata Coal
  • SASOL - South Africa
  • Latin American Coal - Colombia
  • Edison Trading Spa - Italy
  • Baramulti Group, Indonesia
  • Oldendorff Carriers - Singapore
  • NTPC Limited - India
  • Semirara Mining and Power Corporation, Philippines
  • NALCO India
  • Glencore India Pvt. Ltd
  • PetroVietnam Power Coal Import and Supply Company
  • Adaro Indonesia
  • Ernst & Young Pvt. Ltd.
  • OCBC - Singapore
  • Medco Energi Mining Internasional
  • Indian Oil Corporation Limited
  • Mechel - Russia
  • European Bulk Services B.V. - Netherlands
  • ING Bank NV - Singapore
  • Arch Coal - USA
  • Essar Steel Hazira Ltd - India
  • Sakthi Sugars Limited - India
  • Asian Development Bank
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • London Commodity Brokers - England
  • Sree Jayajothi Cements Limited - India
  • Energy Development Corp, Philippines
  • Indika Energy - Indonesia
  • MEC Coal - Indonesia
  • Electricity Generating Authority of Thailand
  • Russian Coal LLC