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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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Tuesday, 19 January 10
COAL FOR DOMESTIC USERS
While the government is already almost a year behind schedule in issuing regulations to implement the new mining law, mineral producers have been&nb ...
Tuesday, 19 January 10
RISING DEMAND FROM POWER FIRMS TO PUSH COAL PRICES
The resurgence of the Chinese economy, along with harsh winter conditions across the country, is likely to push coal prices up in the short term. In ...
Tuesday, 19 January 10
ESSAR'S MEGA ACQUISITION PLANS
India’s Essar Group has carved a mega plan that includes a slew of acquisitions and investments in assets across various businesses. CNBC-TV18 ...
Monday, 18 January 10
INDONESIA SHIPPED 15.90 PERCENT OF TOTAL COAL EXPORTS IN 2009 TO INDIA
COALspot.com (Indonesia): Indonesia, the world largest coal exporter, exported 19.07 percent of the total coal export in 2009 to China and 15. ...
Monday, 18 January 10
BHP TO SPEND $267 MILLION ON QUEENSLAND COKING COAL
BHP Billiton Ltd, the world’s largest mining company, will spend $267 million to accelerate development of the Caval Ridge mine and the Hay Po ...
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Showing 6076 to 6080 news of total 6871 |
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- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
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