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Monday, 28 September 09
INDONESIA UNLIKELY TO PASS NEW MINING RULES IN 2009
Reuters reported that, Indonesia is unlikely to complete final regulations attached to a new mining and coal law this year, an official said on Monday, creating more uncertainty for a sector that is already struggling to attract new investment.
The government has been drafting regulations on the new mining and coal law passed in December 2008 for presidential approval, and had said they should be issued by October when a new administration under President Susilo Bambang Yudhoyono is due to start a second term.
Bambang Gatot Ariyono, director of mining and coal production at the energy and mines ministry, said ministries including the forestry and finance Ministry with vested interests in the regulations had yet to respond to the drafts proposed by his office.
"Looking at the progress, we doubt the regulations can be completed this year," said Ariyono, who did not say when he thought the regulations were likely to be completed.
For a factbox on the draft regulations of Indonesia's new mining law
Issuing the regulations is seen as crucial to providing more certainty for mining investors in Southeast Asia's biggest economy.
But analysts have said it may take more time to issue the regulations. In the case of an oil and gas law passed in 2001, it took three years to issue the implementing regulations.
With the delay, the sector is unlikely to see fresh investment in the near future as the government has frozen new mining permits until the regulations are finalised and there may be further delays under a new government.
President Yudhoyono may create new ministerial posts to spur development of the natural resources sector, sources told Reuters.
One idea being considered is to establish a new co-ordinating minister for resources and also to separate the energy and mining portfolios, with the co-ordinating minister overseeing these, as well as agriculture, forestry, and environment, a source said.
The Indonesian Mining Association has said mining investment would fall below $1 billion this year due to uncertainty over the new mining law, although the government says investment from mining -- including geothermal -- could surpass $2 billion.
A combination of low metal prices and uncertainty over the new mining and coal law has prompted some companies to shelve their investment plans since last year.
BHP Billiton scrapped a study to develop an integrated nickel project in eastern Indonesia and also decided it would not go ahead with a coal mine in Central Kalminantan. Chinese firm Tsingshan Mineral Company Ltd had scrapped a $500 million nickel project in North Maluku in Indonesia
Source: Reuters
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Tuesday, 13 October 09
JSW ENERGY SCOUTING FOR PARTNERS, ACQUISITIONS
Business-Standard reported that, JSW Energy is planning to become an integrated power company by bringing in a partner for its transmission business ...
Tuesday, 13 October 09
INDIA INTERESTED IN AMERICAN COAL
UPI reported that, Coal India Ltd. in its global expansion efforts is now interested in coal properties in the United States.
The Business Standard ...
Tuesday, 13 October 09
RIVERSDALE MAY USE ZAMBEZI RIVER TO TRANSPORT MOZAMBIQUE COAL
Mining Weekly reported that, ASX-listed coal-miner Riversdale Mining would submit a feasibility study and an environmental-impact study (EIS) for it ...
Monday, 12 October 09
INDONESIAN COAL MINER SAYS PLANS IPO IN 2010
Reuters reported that, Indonesian coal miner PT Bhakti Energi Persada plans an initial public offering in the first quarter of 2010 to develop coal ...
Monday, 12 October 09
BISICHI MINING FINALIZES COAL SUPPLY CONTRACT FOR 2010-2012
Small Cap News reported that, Bisichi, the South Africa based coal mining group, has agreed a three year coal supply contract between its principal ...
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- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- The Treasury - Australian Government
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- The University of Queensland
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
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