Britmindo News

Asia-Pacific Thermal Coal Market to Remain Oversupplied

Fitch: Asia-Pacific Thermal Coal Market to Remain Oversupplied in Next 12 Months

Coal reference price for August at $76.70

The governments monthly Coal Price Reference (HBA) for August 2013 stands at US$76,70 FOB vessel, lower compared to $81,69 per ton in July

Govt sets DMO for coal mining companies

Through Energy and Mineral Resources Ministry regulation No. 2901/K/30/MEM/2013, the government has set the amount of coal consumption

Opinion: New Mining Royalty Payment Requirements

On 4 July 2013, the Indonesian Directorate General of Minerals and Coal ("Directorate General") issued Circular Letter No 04 E/DJB/2013

Britmindo conducts JORC 2012 Seminar

Britmindo recently hosted a seminar at the Ritz Carlton in Mega Kuningan. The theme of the seminar was "JORC 2012 and its impact into future coal mine development".

Govt announces CnC status for 454 IUPs

The Directorate General of Mineral and Coal at the Ministry of Energy and Mineral Resources announced on Friday the Clear and Clean (CnC) status for 454 mining business permits

Govts coal reference price for July at $81.69

The governments monthly Coal Price Reference (HBA) for July 2013 stands at US$81.69 FOB vessel, lower compared to $84.87 per ton in June

2 Years Of Britmindo At IAC Project

The Principals and Management of PT Britmindo would like to congratulate the Operations Division for providing 2 years Mine Management Services to our client PT. IAC

Govts coal reference price for June at $84.87

The governments monthly Coal Price Reference (HBA) for June 2013 stands at US$84.87 FOB vessel, lower compared to $85.33 per ton in May

Govt plans to increase coal royalty

The government plans to increase the royalty of coal produced by coal mining companies operating under IUP mining permits to 10 percent of net sales from a range of 3 percent and 7 percent at present