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Thursday, 18 February 10
INDONESIA ZONING RULE THREATENS MINING - INDUSTRY
Reuters reported that, confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to billions of dollars of proposed new investment in the sector, an industry official said on Wednesday.
The public works ministry has issued a new regulation attached to the 2007 spatial planning law to provide guidelines on zoning of areas used for different purpose such as conservation, housing and industry.
Companies which have set up in areas not intended for a particular business can have their business permit revoked under the law.
The regulation has discouraged the forestry ministry from issuing land-use permits and extending permits for mining firms because officials were worried about being penalised for awarding improper permits, Priyo Pribadi Soemarno, executive director of the Indonesia Mining Association, said.
"The spatial planning does not include mining potential," Soemarno said.
"There will be more companies forced to stop operations because their mining areas are declared as conservation areas," he added.
In a few cases, some areas have been declared as conservation areas even though they already have existing mining projects, Soemarno said.
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"There will be more companies forced to stop operations because their mining areas are declared as conservation areas"
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An Indonesian unit of Thailand's top coal miner Banpu PCL BANP.BK last week had to stop operations at its Jorong coal mine in Kalimantan in Indonesia's Borneo island due to a land permiting problem.
The energy ministry said the Jorong mine operated PT Indo Tambangraya Megah Tbk (ITMG.JK) had already put in a request to the forestry ministry to extend its permit, but one had not yet been issued.
Soemarno did not detail mining companies that could find their operations halted due to conflicting land permits, saying the association was still compiling a list.
But the regulation could also mean new mining projects which are currently at the exploration stage may be unable to advance into the production stage in some cases, Soemarno said.
The association identifed a number of new mining projects currently in progress, worth a total of $10 billion, including a nickel project by Eramet, a nickel project by global miner Rio Tinto and an alumina smelter project by state miner PT Aneka Tambang Tbk
The problems over land permits could hit mining output by increasing uncertainty in the investment climate in Indonesia, mining officials have said.
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 $1.81 billion in 2009.
Source: Reuters
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Tuesday, 02 March 10
INDONESIA'S PROTECTED FORESTS NOW OPEN TO DEVELOPMENT
The Jakarta Globe reported that, President Susilo Bambang Yudhoyono has signed a decree to allow mining, power plants and other projects deemed stra ...
Monday, 01 March 10
166 MINING COMPANIES THREATEN ENVIRONMENT
Viva News reported that, the Indonesian Forum for the Environment (Walhi) of East Kalimantan reveals that 166 coal mining companies, which are curre ...
Monday, 01 March 10
IRON ORE PRICE NEGOTIATIONS - 80PCT HIKE SEEN BY CHINESE
China Knowledge quoted an insider from a large Chinese steel company said there will be a significant increase in steel prices in the next few month ...
Sunday, 28 February 10
SUPRAMAX CHARTER RATES FOR ONE YEAR IS AROUND US$ 19,000/20,000 PER DAY - VISTAAR SINGAPORE
COALspot.com : The freight market firmed up by almost 10 pct on Supramax and Handy size and about 7 pct on Panamax.
However it was interesting to ...
Sunday, 28 February 10
MINISTRY SEEKS TWO YEAR DELAY TO IMPLEMENT ENVIRONMENT LAW
The Jakarta Post reported that, The ministry of energy and mineral resources has proposed that the government postpone the implementation of the 200 ...
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Showing 5966 to 5970 news of total 6871 |
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- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
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