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Saturday, 13 February 10
INDONESIA ISSUES NEW MINING REGULATIONS
 Indonesia has issued two new regulations under its mining law to allow firms to start obtaining mining permits, in a move that should increase certainty and help boost investment in the mining sector.
The new regulations - one covering mining areas and the other on mining business - should allow investors to obtain new mining permits and help speed up issuance for existing investors.
"The regulations were issued yesterday but will be applied retroactively from February 1," Bambang Gatot Ariyono, director of coal and mining business at the energy and mining ministry, told reporters.
"We issued them quickly because of concern about mining licensing," Ariyono said.
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“The regulations were issued yesterday but will be applied retroactively from February 1” - Director of Coal and Mining Business
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The government had stopped issuing new permits ahead of the introduction of the regulations.
Miners who had applied for a contract before a new mining law was passed in December 2008 will be able to continue their application.
The regulations will also allow the government to start tenders in mining areas.
Budi Irianto, a spokesman for the Indonesian unit of global miner Rio Tinto, said the issuance of the regulations could help the firm's nickel project obtain a long-awaited mining permit.
"We have submitted an application for a mining licence. With the new regulations out, we hope we can get the licence this year," Irianto said.
Rio Tinto launched an application for a mining contract of work - a type of mining licence under the previous mining law - in 1999 for its $2 billion nickel project on Sulawesi island.
But when the new coal and mining law was passed the firm was required to apply for a shorter-term mining permit.
The Sulawesi nickel project is expected to have a capacity of 46 000 t/y.
The government awarded the last contract of work to Australia's Indo Mines for its pig iron project in November 2008, a month before the new mining law was passed in December.
Indo Mines was also the first mining firm to sign a mining contract for a decade.
Southeast Asia's largest economy has struggled to lure foreign investment into mining in recent years, compounded by some politicians taking a nationalist line on resource exploitation and also because of uncertainty over regulations tied to a new mining law passed in 2008.
The government has said it expected mining investment to hit $2,5-billion next year, up from $1,81-billion in 2009, supported by greater certainty after the introduction of new mining regulations.
Source: Reuters / Mining Weekly
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Tuesday, 16 February 10
LAW POSES THREAT TO INDONESIA'S COAL INDUSTRY
A zoning law could cost coal miners billions of dollars this year alone, hurt investment in the industry and disrupt the supply of the fuel to the c ...
Tuesday, 16 February 10
KPMG PENS 6-POINT STRATEGY FOR COAL INDIA RESTRUCTURING
Coal India Ltd (CIL) has appointed KPMG Advisory Services Pvt Ltd to advise on consolidating its position as the country’s prime energy provid ...
Monday, 15 February 10
MINING LAW TO BE REVISED
Law No. 4 of 2009 on mineral and coal mining will be revised after a working visit of the Bangka Belitung (Babel) Provincial legislative assembly (D ...
Monday, 15 February 10
EURO COAL PRICES SOFTEN AS CHINESE LUNAR NEW YEAR HOLIDAYS START
Prices of prompt cargoes of coal for delivery into Europe weakened last week on a lack of European demand and market nerves over the possible impact ...
Monday, 15 February 10
INDONESIAN COAL SUFFERS SETBACK AS SUMATRA RAIL LINE HELD UP AGAIN
State-owned coal miner PT Tambang Batubara Bukit Asam’s $1.06 billion rail project in Sumatra faces more delays, and the cost of the project i ...
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- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Planning Commission, India
- Economic Council, Georgia
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Cement Manufacturers Association - India
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- PowerSource Philippines DevCo
- Petron Corporation, Philippines
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
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