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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 strategically important to take place in protected forests.
The decree, which took effect on Feb. 1, is certain to anger environmental groups given that the country already has one of the fastest rates of deforestation in the world.
“The use of forest areas for development activities can be done for unavoidable strategic purposes,” said the decree, which said key development projects included power plants, renewable energy, toll roads and train lines.
The decree said open-pit and underground mining could take place in production forests, which is a forest area considered neglected or abandoned after trees have been cut.
“In a protected forest, mining can be done through underground mining,” the decree said.
The decree defined mining activities as including oil and gas, minerals, coal and geothermal.
Yudhoyono has pledged to cut red tape and prevent overlapping regulations from slowing down projects ranging from mining to toll roads. Increasing exploitation of mineral resources and speeding up infrastructure development are seen as keys to boosting growth and creating jobs.
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“President has pledged to cut red tape and prevent overlapping regulations from slowing down projects ranging from mining to toll roads”
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State-owned oil and gas company PT Pertamina has urged the Forestry Ministry to allow geothermal activities in protected forests as most of the country’s geothermal reserves are located in these areas.
There has frequently been confusion over whether companies can exploit resources in forest areas, with various ministries requiring permits.
The Forestry Ministry recently asked Freeport McMoRan Copper and Gold to submit a request to use land in a protected forest area, a ministry official said on Tuesday. Freeport operates the huge Grasberg copper and gold mine in Papua. Grasberg has the world’s largest recoverable reserves of copper and the largest gold reserves.
In 2004, the government allowed 13 mining firms, including Freeport, to continue mining operations after the introduction of a law in 1999 that banned open-pit mining in forested areas.
Last month, police temporarily shut the Jorong coal mine in Kalimantan operated by a unit of Thailand’s top coal miner, Banpu, over a permit problem. Banpu said the closure would only have a slight impact on production at its domestic unit, PT Indo Tambangraya Megah.
Indonesia has struggled to attract fresh investment into mining, as well as for developing new oil and gas fields, partly due to uncertain regulations and red tape.
The government has previously said it expected mining investment to hit $2.5 billion this year, up from $1.81 billion in 2009, supported by greater certainty after the introduction of new mining regulations.
Source: The Jakarta Globe
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Wednesday, 10 February 10
ANGLO AMERICAN TIPS COAL PRICE RISE AFTER RAIN, AUSTRALIAN SAYS
Anglo American Plc expects coking coal contract prices to rise after weeks of heavy rain in Queensland state cut output by as much as 10 million met ...
Wednesday, 10 February 10
KANGAROO RESOURCES COMMENCES MINING AT MAMAHAK COKING COAL PROJECT
International coal producer Kangaroo Resources has kicked off mining at its second Indonesian coal operation, the Mamahak Coking Coal Project in Eas ...
Wednesday, 10 February 10
CHINA DENIES CLIVE PALMER'S COAL DEAL
ONE of China's biggest government-owned companies yesterday repudiated mining billionaire Clive Palmer for overstating what he said was Australia' ...
Tuesday, 09 February 10
INDIANS SAY SEEKING COAL BARGAINS VIA INDEX PRICES
* Indonesian cheaper than S.African - traders
* End-users wait for price falls before tendering
Indian coal traders responsible for the bulk of ...
Tuesday, 09 February 10
EURO COAL-PROMPT SLIDES WITH OIL PRICES
* April S.African cargo trades at $83.50/T FOB, unchanged
* April DES cargo trades at $74.75 a tonne, down $1/T
* Russia's Kuzbassrazrezugol sees ...
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Showing 6011 to 6015 news of total 6871 |
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- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Indian Energy Exchange, India
- The University of Queensland
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Australian Coal Association
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
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