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Monday, 20 April 09
INDONESIAN COAL MINING ASSOCIATION CALLED TO CONTROL MINERS - MAJALA TAMBANG
The Indonesian Coal Mining Association (ICMA) is called to expand its membership further in view of controlling the conduct of miners in the national coal sector. This was stated by Mr. Bambang Setiawan, Director General for Mineral, Coal and Geothermal from the Ministry for Energy and Mineral Resources, in a speech during an inaugural ceremony of the newly elected Chairman of ICMA for the period of 2009 - 2013, Mr. Bob Kamandanu, in Jakarta, on 1 April 2009.
ICMA should presently embrace all levels of coal miners in the industry in its membership to ensure that the conduct of miners be conformed to existing laws and regulations, in order to create a more conducive climate for investment and business, Mr. Setiawan was quoted as saying.
After the new mining law No. 4 of 2009 entered into force, a transition from a mining authorization regime into a mining permit one has become obligatory in the national mining sector. The association’s role to ensure that all miners be in compliance to the directive is highly anticipated. State income from the permit regime has by far prevail over that from the previously applied contract regime.
In his speech, the newly elected ICMA Chairman admitted that the membership of the association has up to recently been only comprised of big names in the coal mining sector. He expected that in the future it would also contain thousands of small and medium scale enterprises doing business in the country’s coal mining sector. Mr. Kamandanu also stated that during his chairmanship, he would continue to strive on with developing the positive image of mining in Indonesia.
He would also push for good mining practices, environmental protection and promotion of CSR.
Source:http://www.majalahtambang.com/detail_berita.php?category=15&newsnr=1344
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Friday, 27 February 09
WIKA TO ACQUIRE MINING COMPANY
The Jakarta Post reported that, Public listed state construction firm PT Wijaya Karya (Wika) is to acquire a mining contracting firm in the first se ...
Friday, 27 February 09
COASTAL ENERGEN INKS PACT WITH CHINESE FIRM FOR POWER EQUIPMENT
My Digital Fc reported that, Dubai-based Coal and Oil Group, which is setting up a 1,200MW thermal power plant in Tamil Nadu, has tied-up with China ...
Thursday, 26 February 09
GMR INFRA COMPLETES INDONESIAN BUY
Blonnet reported that, GMR Infrastructure Ltd today confirmed the acquisition of an Indonesian coal mining company for a consideration of $80 millio ...
Wednesday, 25 February 09
INDONESIAN GOVERNMENT TO REGULATE MINIMUM COAL SELLING PRICES
The Jakarta Post reported that, To complement the recent enactment of the new mining law, the government is preparing to introduce a coal pricing in ...
Thursday, 19 February 09
GEOTHERMAL ENERGY DOMINATES 10.000 MW POWER PROJECT - ESDM
The role of coal as a source of energy is superseded by geothermal energy to power the second phase of the 10.000 megawatt (MW) power plant project. ...
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