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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.

PT Kadya Caraka Mulia, PT Kalimantan Energi Lestari and PT Senamas Energindo Mulia hold contracts of work (PKP2B) concessions but have yet to allocate money for reclamation activities. All of them are in production in South and East Kalimantan. The law requires miners to allocate money for reclamation.

“For those who are in the production stage, we may have to temporarily shut down their operations if they have not deposited their reclamation funds by the second quarter,” said Bambang Gatot Ariyono, the Energy Ministry’s director of coal and minerals.
Source: The Jakarta Globe



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Saturday, 13 February 10
COAL INDIA 2010/11 COAL IMPORTS TO JUMP - EXEC
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Saturday, 13 February 10
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