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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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Wednesday, 30 September 09
INDIA CEMENTS SET TO PRODUCE POWER; EYES COAL MINE IN INDONESIA
Financial Express reported that, Tamil Nadu-based India Cements Ltd (ICL) has firmed up plans to produce power to meet its current and future requir ...
Wednesday, 30 September 09
COKING COAL PRICES MAY TOUCH $200/TN IN 2010-11
Business Standard reported that, Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the In ...
Wednesday, 30 September 09
PURNOMO BIDS 'GOODBYE' TO ENERGY MINISTRY
The Jakarta globe reported that, In what could be construed as a resignation speech from a government official — but perhaps wasn’t &mda ...
Tuesday, 29 September 09
MINING AND ENERGY DAY 2009
The Minister of Energy and Mineral Resources, Purnomo Yusgiantoro led the ceremony marking 2009 Mining and Energy Day celebrations, held at the Depa ...
Tuesday, 29 September 09
BUKIT ASAM REDUCES ITS SALES TARGET
Tempo Interactive reported that, PT Tambang Batubara Bukit Asam Tbk has decided to reduce its sales target this year from 14.5 million tons of coal ...
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- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- McConnell Dowell - Australia
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aditya Birla Group - India
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- The University of Queensland
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
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