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Tuesday, 09 March 10
MINING LAW OPTIMIZES SECTOR
Law No. 4 / 2009 on Mineral and Coal Mining have given a new direction for the future of mining in Indonesia, including Domestic Market Obligation, policies on mineral and coal production, increasing the value of mining, and proper ways of mining.
“These new directions is aimed at optimizing the role of mining towards economic growth and public welfare” explains the Director General of Mineral, Coal, and Geothermal, Bambang Setiawan during a seminar on “The Role of Mineral and Coal Mining Towards Economic Growth” at the Kartika Chandra Hotel (25/2).
The Director General further explains that even though the mining sector have always been at the forefront of public scrutiny, it has also provided a major contribution towards the national development. In 2009 alone, these contributions include Rp 51 trillion worth of direct revenue from the mining sector, Rp 15 trillion of which is marked as non-tax revenue; US$ 1,8 billion from working contract companies, state owned companies; direct workforce employment from mining companies; export of mineral and coal commodities; and contribution for regional development which is sourced from mining company royalties and community development programs.
This seminar is aimed at socializing the mining law to stakeholders of the sector, urging them to express their thoughts and inputs on the mining law, and motivating them to increase mining investment. Attendants to the seminar is expected to gain a better understanding on the mining law and its associated regulations in order for them to increase mining investment which in turn will support the national development. (TC)
Source: ESDM
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Wednesday, 31 March 10
COAL INDIA MULLS JOINT VENTURE WITH RIO TINTO AND PEABODY - DNA
DNA reported that, Coal India Ltd. (CIL) has finalised two key contenders for its international joint venture (JV) in Australian and US each. The co ...
Wednesday, 31 March 10
DRY BULK MARKET STILL MODERATELY FALLING, BUT POSITIVE SIGNS APPEAR ON THE HORIZON - HELLENIC SHIPPING
The irregularities of the current dry bulk market have been more than evident in the fact that panamax vessels today earn more than their larger cap ...
Wednesday, 31 March 10
INDIKA ENERGYS PROFIT HIT BY FOREX LOSS AND CABOTAGE - THE JAKARTA GLOBE
The Jakarta Globe reportd that, PT Indika Energy posted a 30 percent drop in 2009 net profit due to a foreign exchange loss and impairment of intang ...
Wednesday, 31 March 10
ITMG TO UP COAL OUTPUT DESPITE PERMIT PROBLEMS - THE JAKARTA POST
The Jakarta Post reported that, the country’s third largest coal producer PT Indo Tambang Raya Megah (ITMG) said it can raise output although ...
Tuesday, 30 March 10
ANALYST SEES BDI LIFT, SUGGESTS DRY BULK SHORT SQUEEZE
Analysts at Credit Suisse are bullish on Diana and see a potential short squeeze elsewhere in the sector. The Baltic Dry Index (BDI) -- an industry ...
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- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- The University of Queensland
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Interocean Group of Companies - India
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- Planning Commission, India
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
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