19-9-2011Mercator Lines, India's second largest private shipping firm, expects to acquire a coal mine in Indonesia in the next one week for around $30 million, and plans to list its coal division overseas, a top official said, sending its shares up. Download Citation on ResearchGate | The Impact of Coal Mining on the Economy and Environment of South Kalimantan Province, Indonesia | The purpose of this research is to analyse the impact of the coal mining industry on the economy as well as the environment of South Kalimantan Province, Indonesia. The South Kalimantan Province is an area with
During the 2000s commodities boom the coal mining industry was very lucrative as coal prices were comfortably high. Hence, many Indonesian companies and wealthy families decided to acquire coal mining concessions on Sumatra or Kalimantan in the late 2000s. Coal
12th November. Activists unfurl a banner reading: Coal Kills. Acid Ponds Ingredients: Mine Waste, Heavy Metals Produced by: Arutmin, at the Asam-asam Coal Mine in South Kalimantan, Indonesia. The area is scarred with toxic settling ponds, used by the coal industry. The activists also surround the pond with 'Caution: Toxic Water' tape.
31-1-2019Coal traders, though, said the new insurance rules were already causing a considerable backlog in Kalimantan, Indonesia's biggest coal-mining region. "It is pretty chaotic at the moment. Some shippers haven't prepared their new insurance, others have, but the authorities and insurers are slow to register," said one trader who exports Kalimantan coal.
20-10-2019Follow Bloomberg on LINE messenger for all the business news and analysis you need. The global collapse in coal prices this year has dealt a particularly heavy blow to miners in Indonesia, the top exporter and one of the largest producers of the fuel. Bonds from the country's financially weak
16-11-2017Local authorities have revoked 406 coal-mining permits in East Kalimantan province, with another 403 permits to be revoked in the future. East Kalimantan is the heart of Indonesia's coal-mining industry, with over half of the province's land area allocated for mining concessions.
coal mining company in east kalimantan . E Kalimantan coal firm fined Rp 2 billion for dumping Mar 08 2018 An Indonesian subsidiary of a Thai coal mining company operating in East Kalimantan has been fined Rp 2 billion US145000 for dumping nearly 4000 tons of hazardous coal w. Live Chat
20-7-2012Coal in East Kalimantan on the island of Borneo (Image: Kemal Jufri / Greenpeace) Indonesia's anti-corruption watchdog has accused the head of the state-owned electricity distribution monopoly of facilitating bribery, linking him to a case that has led to the arrest of nine people, including the ex social affairs minister and
All foreign mining companies are also required to sell majority stakes in their mining operations to local companies by tenth year of production. UK's Churchill losing its battle for Kalimantan coal. The UK-based company Churchill (see DTE 85-86) appears to have lost its bid to hang onto coal concessions in East Kalimantan.
28-8-2012The key natural resources of the country include silver, coal, fertile soils, natural gas, petroleum, gold, bauxite, tin, copper, timber and nickel. Indonesia is a globally leading exporter of tin and thermal coal. The mining industry in the country makes up 11.9% of its GDP. In 2010, foreign investment in the mining sector exceeded $2.2 billion.
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Coal mining contractors in Indonesia. KPP operates as coal mining contractor, and PMM, a joint venture with PD Baramarta, has coal mining concession under working contract Projects already completed included coal mining project in East Kalimantan of PT.
2-10-2019State-run PT Bukit Asam is Indonesia's seventh biggest coal company with seven subsidiaries covering 87,000 ha, in South and West Sumatra and East Kalimantan. It is currently developing a series of mine-mouth power plants to connect to the newly integrated Sumatran power grid.
15-10-2019BELAZ has agreed to supply eight 130 tonne dump trucks to mining contractor PT Darma Henwa Tbk for use at an Indonesia coal mine in East Kalimantan. The contract for the supply of BELAZ-75131 mining dump trucks was signed in Jakarta and will see the machines transport overburden at the Bengalon coal
19-7-2019The long-delay in the issuance of the new regulation has not only caused legal uncertainty but also threatens six major mining firms in Kalimantan, which together account for almost 40 percent of national coal production of more than 500 million tons a year.
15-7-2019The environmental cost is high. Producers in the primary coal-mining region of East Kalimantan province, on the richly forested island of Borneo, have used environmentally d amaging open strip-mining techniques. They have also relied on cheap, non-union labour, often migrants from other parts of Indonesia.
19-9-2011Mercator Lines, India's second largest private shipping firm, expects to acquire a coal mine in Indonesia in the next one week for around $30 million, and plans to list its coal division overseas, a top official said, sending its shares up.
At current rates of production, Indonesia's coal reserves are expected to last for over 80 years. In 2009 Indonesia was the world's second top coal exporter sending coal to, for example, China, India, Japan and Italy. Kalimantan (Borneo) and South Sumatra are the centres of Indonesia's coal mining.
"Welcome to the tenth edition of PwC Indonesia's Mining in Indonesia: Investment and Taxation Guide. Since the Law on Mineral and Coal Mining No. 4 of 2009 (the "Mining Law") was promulgated, various implementing regulations, including a number of amendments, have been issued by the Government in pursuing the goals of the Mining Law.