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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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Thursday, 20 November 14
MOST MAJOR ASIAN ECONOMIES TO BENEFIT FROM LOWER OIL - FITCH
COALspot.com: The 25% drop in the price of oil since July is likely to lift economic growth prospects, improve terms of trade, and have a pot ...
Thursday, 20 November 14
HANDY: INDO ROUNDS ARE BEING FIXED IN REGION OF US$ 10K - FEARNLEYS
Handy
In the Atlantic we have experienced firmer rates this week much lead by the grain activity out of USG. Vsls open in the USG can achieve in ...
Thursday, 20 November 14
DEMAND FOR DRY BULK CARRIERS INCREASES ON THE BACK OF HEIGHTENED FREIGHT RATE MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship owners are looking to take advantage of favorable market conditions through the acquisition of more dry bulk carriers. According to shipbroker ...
Wednesday, 19 November 14
INDONESIA FUEL-PRICE RISE A CLEAR, POSITIVE REFORM SIGNAL - FITCH
COALspot.com: Indonesia's hike of more than 30% in administered fuel prices, announced on 17 November, provides a clear, positive signal of the ...
Wednesday, 19 November 14
CAPES WERE UNDER PRESSURE; LOST 20% WITHIN A WEEK
COALspot.com: " The negative environment in which the week prior ended, marked this past week as well, which closed off on Friday noting the f ...
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- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- Australian Coal Association
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
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