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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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Thursday, 18 February 10
THE INDIAN MARKET IS FIRMING A BIT, DUE TO LACK OF TONNAGE IN THE REGION
HANDY
The BSI still decline as holidays around the world have reduced trading.
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Thursday, 18 February 10
COAL MINERS FACE SHUTDOWN OVER RECLAMATION FUNDING
Three coal mining companies may be forced to temporarily stop operations this year if they fail to provide funding for a site-reclamation program.
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Thursday, 18 February 10
DECOUPLING FROM OIL PRICES ON STRONG GLOBAL ENERGY DEMAND
A recent coal market conference in Singapore focused on two main issues –— the demand for coal as a source of energy, and coal pricing.& ...
Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry offici ...
Wednesday, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...
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Showing 5981 to 5985 news of total 6871 |
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- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- The University of Queensland
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- White Energy Company Limited
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
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- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
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- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
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