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Monday, 27 October 14
GOVT PROMISES TO EASE LICENSING PROCEDURES IN MINING SECTOR - THE JAKARTA POST
 The Energy and Mineral Resources Ministry’s directorate general for mineral and coal plans to simplify the complicated licensing procedures in the country’s mining sector in order to boost investment, the Jakarta Post, one of the leading English language papers in Indonesia reported.
The simplification will reduce the number of required permits to only 71 types, from the 101 types that exist at present.
Out of the total 71 permits, 26 are issued by the energy ministry while another 51 are issued by other government agencies.
The paper further said, the director general for mineral and coal, R. Sukhyar, said the simplification would be carried out in the issuance of permits from his ministry because the issuance of the other 51 permits were handled by other government offices.
Permits to be reduced to 71 types from 101 types at present Simplification will cut red tape, and attract more investment New policy expected to be implemented next year; pending approval by new energy minister, according to JP.
“The cut in the number of permits is expected to improve efficiency. Of course, by doing so, we hope the mining sector will attract more investment,” he said.
Under the simplification plan, mining companies will no longer be required to obtain more than one permit for a single stage of the mining operations.
“To ensure that mining firms are actually performing the activities, they will have to report to us and we will perform an inspection,” Sukhyar said, as quoted by paper.
Under the plan, the mineral and coal office also plans to remove the requirement imposed on miners for the transportation of their production.
Sukhyar said the transportation of minerals and coal will be the full responsibility of mining firms. If they have no expertise in mineral and coal transportation, they can hire companies that offer those services, according to Sukhyar.
The plan to ease the licensing procedures will be submitted to the new energy and mineral resources minister Sudirman Said.
Sukhyar said he expected that a ministerial regulation regarding the proposal would be approved by the end of this year so that his office can start the implementation of the simplified permission process next year.
Mining companies welcomed the plan. The shorter bureaucratic process will significantly ease the mining business in the country and, in return, boost investment, said Bob Kamandanu of the Indonesian Coal Mining Association (APBI).
However, he said the plan to ease the licensing procedures should not weaken the government’s program to promote good mining principles.
“We don’t want the simplification to let mining firms ignore those matters,” Bob said.
He added that government officials should improve their supervision of the mining sector so that mining firms give true and correct reports of what they have performed
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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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- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Economic Council, Georgia
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Australian Coal Association
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
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