Effect of Indonesia''s New Mining Regulations Already ...

2020-6-24 · Fitch Ratings-Singapore-24 June 2020: Indonesia''s new mining regulations, which clarify key aspects pertaining to the extension of Coal Contracts of Work (CCoW), are largely in line with Fitch Ratings'' expectations and will not affect the ratings of the country''s coal miners.

INDONESIA: COUNTRY ENVIRONMENT ANALYSIS

2014-9-15 · The environmental legal framework in Indonesia has developed over the past two decades and, in general, is well developed and tends to meet international standards. However, some of the laws, regulations and technical guidelines will have to be adapted to the new realities in a decentralized policy setting.

Mining Law 2022 | Laws and Regulations | Indonesia | ICLG

2021-9-13 · Indonesia: Mining Laws and Regulations 2022. ICLG - Mining Laws and Regulations - Indonesia covers common issues in mining laws and regulations – including the acquisition of rights, ownership requirements and restrictions, processing, transfer and encumbrance, environmental aspects, native title and land rights – in 15 jurisdictions.

Top 10 business risks and opportunities for mining and ...

2020-9-30 · Ongoing disruption has presented miners with new risks and opportunities. How they respond will be critical to success in 2021. In brief. Disruption has reordered the rankings of the global mining and metals sector''s top business risks and opportunities, though license to operate remains no. 1. Changes enacted to respond to COVID-19 have ...

Indonesia passes new mining law revisions, met with praise ...

2020-5-12 · Indonesia passes new mining law revisions, met with praise and protest. Embed Video Popup Video Instagram. Download Buy Photos. The Grasberg mine, in …

Indonesia''s Energy Policy Briefing

2021-2-1 · for the mining sector, including coal. Non-governmental organizations questioned the role of the new regulation in Indonesia''s commitment to reducing carbon emissions by 2030 to 29%. Furthermore, the Government of Indonesia added coal mining to the business sectors that are eligible to receive fiscal incentives to reduce the impact of COVID-19.

Digging Deep: New Indonesian Mining Law to Replace the ...

2018-5-25 · News of a new Indonesian mining law first emerged in 2016. Since then, the Indonesian House of Representatives ("DPR") has prepared several revisions, including the latest draft dated 10 April 2018 by Commission VII of the DPR. While it is possible that the legislative process may be delayed, the DPR currently intends to finalise the new ...

Indonesia

2019-9-6 · In 2007, the Government of Indonesia enacted the new Investment Law No. 25/2007 ("Investment Law 2007"), repealing Investment Law 1967. The Investment Law 2007 is silent on the Divestment Requirement and has led to confusions as to whether the Divestment Requirement remains applicable. ... (with certain exceptions to the mining sector). In ...

Indonesian mining bill passed into law, poses new ...

2020-6-25 · Businesses are now entering a new era of mining in Indonesia. On 10 June 2020 President Joko Widodo finally signed a long-anticipated bill amending Law No. 4 of 2009 on Minerals and...

Indonesia Introduces Significant Changes to Mining Law

2021-12-8 · Indonesia Introduces Significant Changes to Mining Law. Indonesia''s House of Representatives has passed a long-awaited amendment to the Mining Law, which promises to introduce significant changes to the sector and how mining companies operate in the country. After years of deliberation, the House passed the bill (the " Mining Bill ") on ...

Indonesia passes new mining law revisions, met with praise ...

2020-5-12 · Indonesia''s parliament passed revisions to its mining law on Tuesday that will allow miners to extend permits and seek expansion of mining areas beyond current legal limits. Other parts of the law ...

With new law, Indonesia gives miners more power and …

2020-5-13 · With new law, Indonesia gives miners more power and fewer obligations. Indonesia''s parliament has passed a mining bill that activists say will lead to unbridled exploitation by a mining industry ...

Mining industry and sustainable development: time for ...

2017-6-9 · Mining laws and legal and technical capacity in many countries still need to be enhanced in order to include new internationally recommended good mining practices (ALSF, 2017; AMLA, 2017). The good signs about this are that responsible mining companies tend to adopt everywhere good mining procedures according to the best international standards ...

Economy of Indonesia

2021-11-6 · Although Indonesia is eager to reduce its traditional reliance on raw commodity exports and boost the manufacturing industry (for example through the 2009 New Mining Law), it is a difficult path particularly because the private sector remains hesitant to invest. This transformation is important because falling commodity prices after 2011 (which ...

Indonesia

2021-7-19 · The effort to recover bodies is continuing in Indonesia, after the eruption of Mount Semeru last week. Researchers used underwater microphones to capture sounds of …

Indonesia Amends Mining Law to Encourage More …

2020-7-21 · Indonesia''s government made significant amendments to the country''s Mining Law as it aims to attract more downstream investment into the sector. As part of the amendments, the central government will now take control of the issuance of mining permits. The new law also introduces new business licenses for the mining of rocks and radioactive ...

Indonesia''s New Mining Law Heralds Significant Change …

2020-7-14 · Indonesia''s New Mining Law Heralds Significant Change but Challenges Lie Ahead. Indonesia''s Parliament (Dewan Perwakilan Rakyat / DPR) and Government have availed themselves of the public''s ...

Mining in Indonesia

2017-5-31 · Mining in Indonesia: Investment and Taxation Guide 5 Term Definition ha Hectare IDX Indonesia Stock Exchange Investment Law Law No. 25/2007 IPR Izin Pertambangan Rakyat (People''s Mining Licence) ITL Law No. 36/2008 (the prevailing Income Tax Law)

Indonesia eases requirements for mining export permits ...

2021-3-22 · Indonesia considers projects to be on schedule if they have reached 90% of the construction target specified for a particular time. Now, mining companies building smelters short of targets will be ...

HFW | Indonesia: Omnibus Law and Regulatory Updates in …

Recent Changes to Indonesia''s Mining Law. As mentioned above, prior to the enactment of the Omnibus Law, the Indonesian Government had already amended the 2009 Mining Law in June this year by the issuance of Law Number 3 of 2020 on the Amendments to the Law Number 4 of 2009 on Mineral and Coal Mining (2020 Mining Law).

Indonesia passes new mining law revisions, met with praise ...

2020-5-12 · Indonesia passes new mining law revisions, met with praise and protest. Contributors. Wilda Asmarini Reuters Bernadette Christina Reuters Published. May 12, 2020 7:56AM EDT ...

Bill on Amendment to Indonesia''s Mining Law: The Road …

2020-6-12 · Following years of deliberation and delay, during which it seemed to have fallen off the Government''s radar, the Indonesian House of Representatives finally passed the Bill on Amendment to the 2009 Mining Law ("Mining Bill") on 12 May 2020. The prescribed 30 day period from issuance within which the bill needed to be signed by the President lapsed this 11 June …

Comment on the new Indonesian mineral and coal mining …

2009-1-26 · new regulations required for the implementation of the New Mining Law will take several months to draft. There are several major changes in the New Mining Law compared with the Old Mining Law. Under Old Mining Law mineral exploration and mining activity in Indonesia was conducted under either a Mining Authorization (KP) and/or a Contract of ...

Indonesia: No New Mining Licenses – A Reminder To ...

2020-7-23 · Indonesia''s acting Director General of Mining and Coal ("DGMC") has issued a letter to the country''s provincial Governors to emphasize that the moratorium on the issuance of new mining licenses is still in place.DGMC letter No. 809/30.01/DJB/2020 ("DGMC Letter 809/2020"), issued July 9, 2020, emphasizes the transitional provision of Article 173C of Law No. 3 of 2020 …

Digging Deep: New Indonesian Mining Law to Replace the ...

2018-5-25 · Indonesia May 25 2018. News of a new Indonesian mining law first emerged in 2016. Since then, the Indonesian House of Representatives ("DPR") has …

Mining in Indonesia

2017-5-31 · the new regime. These challenges include but are not limited to: ... • Difficulties in dealing with the downstream in-country processing requirements under the Mining Law; • Foreign shareholder divestment requirements; ... All of the above means that the Indonesian mining investment environment will continue to be ...

Impact of Law No.3 of 2020 on Indonesia''s Mining Sector ...

2021-12-11 · The new Mining Law No. 3/2020 has been enacted on 10 June to amend Mining Law No.4 /2009. The law paves the way for several changes including on matters related to mining areas determination, centralization of authority as well as licensing of mining businesses, among others. Given the changes along with potential impacts that follow, mining ...

Indonesia''s proposed new mining law comes under attack

Existing mining contracts will be upheld under Indonesia''s new mining law, which has been a long time in the making, but it will demand that raw ore and concentrates be smelted/refined in the country within five years. Reuters. 11th December 2008.

Indonesia''s new mining law puts profit ahead of people …

2020-7-28 · Indonesia''s new mining law puts profit ahead of people and planet. Members of the Lahat community in South Sumatra continue their blockade …

Indonesian mining bill passed into law, poses new ...

2020-6-23 · Indonesian mining bill passed into law, poses new challenges and opportunities 24 June 2020 Businesses are now entering a new era of mining in Indonesia. On 10 June 2020 President Joko Widodo finally signed a long-anticipated bill amending Law No. 4 of 2009 on Minerals and Coal

Indonesia amends the Mining Law | Global law firm | …

2021-9-13 · Indonesia: Mining Laws and Regulations 2022. ICLG - Mining Laws and Regulations - Indonesia covers common issues in mining laws and regulations – including the acquisition of rights, ownership requirements and restrictions, processing, transfer and encumbrance, environmental aspects, native title and land rights – in 15 jurisdictions.

Indonesia amends the Mining Law | Global law firm | Norton ...

Indonesia Amends Mining Law to Encourage More Downstream ...

New Mining Law Indonesia: Full Mineral Ore Export Ban ...

2016-3-1 · By September 2016 the Indonesian government plans to have revised regulations regarding exports of mineral ore, part of Law No. 4/2009 on Mineral and Coal Mining (New Mining Law). Per January 2014 mineral ore exports from Indonesia should have been banned altogether as the government aims to boost domestic smelter development and reduce the country''s …

2020-2021 Investment Window into Indonesia (IWI)

2021-11-21 · New investment climate 4. Industry overview and opportunities 5. ... Oil and gas & coal and mineral mining 9. Intellectual property rights 10. Dispute resolution 11. Land environment and related matters 12. Other business-related laws D. Taxation in Indonesia 1. Tax administration 2. Business taxation 3. Taxes on individuals 4. ...

Indonesian mining bill passed into law, poses new ...

2020-6-23 · Indonesian mining bill passed into law, poses new challenges and opportunities 24 June 2020 Businesses are now entering a new era of mining in Indonesia. On 10 June 2020 President Joko ... new mining law is also consistent with the current practical implementation of …

Indonesia passes new mining law ''marred by controversy ...

2020-6-21 · Indonesia has passed into law a controversial measure aimed at expanding the country''s mining industry albeit seen to have socioenvironmental impacts. Jakarta Post reported on Friday that Indonesian President Joko "Jokowi" Widodo officially signed the Coal and Mineral Mining Law on June 10 despite the strong apprehension from civil society organizations, …

The case of Newmont Mining vs Indonesia | Transnational ...

2014-11-12 · Netherlands – Indonesia BIT rolls back implementation of new Indonesian mining law. 12 November 2014. Policy briefing. The case of Newmont Mining vs Indonesia is a powerful example of how investment agreements are …