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Wednesday, 10 March 10
PROTECTED FORESTS NOW UP FOR GRABS FOR MINING
 The Jakarta Post reported that, the government has just issued two new regulations on forests, which could allow protected forests to be used for commercial purposes, including long-banned mining activities.
Under the regulations, conservation forests could also be converted to production forests, to be used for plantations of trees such as acacia.
“We are now waiting for a presidential decree to bring the regulations into force. A number of firms have applied for mining permits in protected forest areas,” a senior official at the Forestry Ministry, Bambang Mulyo, said Monday.
The government regulation No. 24 on the use of forest areas says mining firms can dig for natural resources deposited under protected and production forests.
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“The government regulation No. 24 on the use of forest areas says mining firms can dig for natural resources deposited under protected and production forests”
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Article 5 of the regulation stipulates that in protected areas, miners are only allowed to conduct underground mining that does not change the forest functions.
However, in production forests miners could use both open pit and underground mining techniques. Indonesia currently has 31.6 million hectares of the protected forests, of which 10.6 million hectares is in Papua province.
The second-largest area of protected forests is in East Kalimantan (2.7 million hectares) and West Kalimantan (2.3 million hectares).
The government has allotted some 22.7 million hectares for production land that could be converted for business uses.
The 1999 Law on Forestry strongly prohibits mining activities in protected forest areas, be it open pit or underground mining. Under this law, mining is only allowed in production forest areas.
Former president Megawati Soekarnoputri issued a decree to grant special licenses to 13 giant mining firms to operate open-pit mines in protected forest areas.
Among the 13 are PT Aneka Tambang in Southeast Sulawesi, PT Freeport Indonesia in Mimika, Papua, Karimun Granit in Riau, INCO in Sulawesi, Natarang Mining in Lampung, Nusa Halmahera Mineral in North Maluku, Pelsart Tambang Kencana in South Kalimantan, Interex Sacra Raya in East and South Kalimantan and Weda Bay Nickel in North Maluku.
Regulation No. 24 also stipulates that protected forests may now be used for non-forestry businesses serving strategic purposes.
“We will elaborate on these strategic goals with the Environment Ministry and the Energy and Mineral Resources Ministry,” Bambang said.
Greenomics Indonesia executive director Elfian Effendi warns that a blurred definition of strategic goals could mean more areas of protected forests are cleared in the name of development.
“The government needs to impose a moratorium on new permits for mining firms conducting open-pit mining in forest areas,” he said.
In addition to the mining sector, the ministry issued regulation No. 10 that allows for protected and conservation forests to be converted to production land, the first ever such policy in Indonesia.
Critics say the regulation may lead to open-pit mining in protected forest areas.
Bambang, however, said he would not allow this to happen. “While there are minerals deposited under the production land, license holders are not allowed to dig them up,” he said.
The government has long faced international pressure to improve its management of forests, with the current rate of deforestation at more than 1 million hectares a year.
Indonesia plans to reduce its greenhouse gas emissions by 26 percent by 2020, of which 14 percent would be from stopping deforestation, combating illegal logging and controlling forest fires.
The government also pledged to plant 1 billion trees this year to re-green the country’s millions of hectares of degraded forest land.
Source: The Jakarta Post - Reported by: Adianto P. Simamora
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Wednesday, 06 January 10
BUMI SHARES UP AS OVERALL PERFORMANCE BEATS PREDICTIONS
The world’s largest thermal coal exporter PT Bumi Resources saw its shares jump 10 percent to Rp 2,675 ($29 US cents) on Tuesday after the com ...
Wednesday, 06 January 10
INDIA MAY HAVE BECOME TOP BUYER OF SOUTH AFRICAN COAL
India may have overtaken Europe for the first time as the biggest purchaser of South African coal in 2009, according to Raymond Chirwa, Richards Bay ...
Wednesday, 06 January 10
COAL PEAK RECEDES INTO THE FAR DISTANCE
COALspot.com (German): Coal will be available to mankind as an energy source for the next 120 years.
The German Coal Importer Association has ca ...
Tuesday, 05 January 10
SUPRAMAX MARKET REMAINED QUIET OVER THE LAST 10 DAYS BRS - DRY BULK
Despite a damp end to the year for bulk rates, shipping has weathered the storm far better than was initially expected in the wake of the financ ...
Tuesday, 05 January 10
WINTER WEATHER SPIKES COAL PRICES - CHINA UPDATE
Cold weather is driving coal prices higher and will lend the advantage in annual negotiations to suppliers, analysts said, predicting that the risin ...
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Showing 6116 to 6120 news of total 6871 |
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- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
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