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indonesia new mining laws

indonesia new mining laws

Indonesia’s New Mining Law Heralds Significant Change but ...

Jul 14, 2020 · Under the New Law, companies that wish to undertake mining or related commercial activities are required to obtain a set of operational documents from the central government. These consist of (i) a...

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

Jun 24, 2020 · 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

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Indonesia Amends Mining Law to Encourage More Downstream ...

Jul 21, 2020 · In May 2020, Indonesia’s government made significant changes to the 2009 Mining Law through the issuance of Law no 3 of 2020 (Mining Law Revision), which aims to encourage more investment into the country’s downstream mining industry. A major portion of the amendments relates to mining permits and their rights and obligations.

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Indonesia Omnibus Law – Changes To The Mining Law - Energy ...

Nov 10, 2020 · The Omnibus Law amends various provisions in laws across numerous sectors, including Law No. 4 of 2009 regarding Mineral and Coal Mining, as amended by Law No. 3 of 2020 (together, the "Mining Law"). The Omnibus Law does not introduce significant changes to the Mining Law, adding just one provision and amending another provision.

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The Promulgation of the New Mining Law: A brief overview ...

Indonesia. The Promulgation of the New Mining Law: A brief overview. This article is an update to previously published draft Bill of the new Mining Law. On 10 June 2020, the Indonesian government promulgated the much-discussed Law No.3 of 2020 on the Amendment to Law No.4 of 2009 on Mineral and Coal Mining ...

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

Jun 24, 2020 · 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

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With new law, Indonesia gives miners more power and fewer ...

May 13, 2020 · 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 ...

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

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 ...

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HFW | Indonesia: Omnibus Law and Regulatory Updates in th...

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).

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Indonesia eases requirements for mining export permits ...

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

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Indonesians protesting against mines run increasing risk ...

1 天前 · Walhi Yogyakarta said that the police probe into the Jomboran village protesters is the first recorded case of a criminal investigation related to environmental protests since the passage of the country’s amended mining law in May 2020. The law has been widely criticised for stripping back environmental protections and favoring miners in ...

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Environmental Impacts of Changes to Indonesia’s Mining Law ...

Mar 05, 2017 · Indonesia’s new mining regulations have resulted in a high-stakes dispute with foreign investors, but what effects will these legal changes have on

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Business Regulations in Indonesia

No New Mining Licenses – A Reminder to Governors in Indonesia . 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. ... Indonesia enacted a new Condominium Law in 2011 which ...

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Introducing Indonesia’s New Carbon Law | Indonesia notes

Dec 16, 2021 · New Carbon Law Principles. The Carbon Law is based on the following key principles: Carbon Emissions Reduction Strategy: To achieve Indonesia’s carbon output goal of net zero emissions by 2060, the carbon emissions reduction strategy sets a minimum target of a 29% reduction of Indonesia’s carbon emissions by 2030 (up to 41% if the ...

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Indonesians protesting against mines run growing risk of ...

Dec 17, 2021 · In 2020, 69 Indonesians were “criminalized” in with cases involving disputes with mining companies, according to data from the watchdog NGO Mining Advocacy Network (Jatam). SLEMAN, Indonesia — “We have fought against them for so long, but the mining activities just carry on and so does the criminalization,” says Sapoy, a resident of ...

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new challenges in indonesian mining

Indonesian mining bill passed into law, poses new 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 longanticipated bill amending Law No 4 of 2009 on Minerals and Coal

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Economy of Indonesia - Asia's Emerging Market - Economics ...

Nov 06, 2021 · 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 ...

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Indonesia’s New Mining Law Heralds Significant Change but ...

14 Jul 2020 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 preoccupation with the Covid-19 pandemic to successfully push through important new mining legislation with a minimum of publicity, thus avoiding the

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Indonesia Introduces Significant Changes to Mining Law

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 ...

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Indonesia Omnibus Law – Changes To The Mining Law - Energy ...

Nov 10, 2020 · The Omnibus Law amends various provisions in laws across numerous sectors, including Law No. 4 of 2009 regarding Mineral and Coal Mining, as amended by Law No. 3 of 2020 (together, the "Mining Law"). The Omnibus Law does not introduce significant changes to the Mining Law, adding just one provision and amending another provision.

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Mining Law 2022 | Laws and Regulations | Indonesia | ICLG

Sep 13, 2021 · 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.

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

bill – now ratified into Law No. 3 of 2020 (the new mining law), and which is effective as of 10 June 2020, introduces large-scale revisions to the mining law which could improve the feasibility of doing business in Indonesia's natural resources sector. Our key takeaways from the new mining law are as follows: Licensing process is now centralized

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Indonesia Update: MEMR Draft New Mining Law

While no amendments to the 2009 Mining Law have yet been finalized and the amendments continue to be discussed by the Indonesian House of Representatives, the MEMR Draft New Mining Law provides useful insight into the latest policy positions of the Indonesian Government in relation to mining business activities in Indonesia.

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

Jun 12, 2020 · Further, the Mining Bill also focuses on the sustainability of mining in Indonesia, as indicated by the obligation for mining companies to set aside exploration funds to find new mineral deposits. Finally, the government also locks in a number of mining policies which, in the past, have usually been left to regulations of a lower rank in the ...

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Indonesians protesting against mines run increasing risk ...

1 天前 · Walhi Yogyakarta said that the police probe into the Jomboran village protesters is the first recorded case of a criminal investigation related to environmental protests since the passage of the country’s amended mining law in May 2020. The law has been widely criticised for stripping back environmental protections and favoring miners in ...

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Mining In Indonesia – Mining Rights And Title - Energy and ...

Oct 19, 2020 · Indonesia: Mining In Indonesia – Mining Rights And Title. The Constitution stipulates that Indonesia's natural resources are controlled by the state and must be used for the maximum benefit of the Indonesian people. Article 4, paragraph 2 of Law 4/2009 on Coal and Mineral Mining (Law 4/2009) enables the central government or the regional ...

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Mining Licences in Indonesia | Dentons - JDSupra

Aug 21, 2018 · The New Regime post-2009 and the 2018 Update. Under the Law of Mining and Coal Mining No. 4 of 2009, mining licences were separated into mining business licence ( Izin Usaha Pertambangan or IUP ...

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Indonesia - New Mineral Export Rules And ... - Conventus Law

Indonesian Government Regulation No.1 2017 triggers major shifts in the country’s mineral and coal mining industries. Mineral mining companies who depend heavily on mineral exports will be particularly affected by the new policies. Primary changes require all companies operating under a Contract of Work to transfer to a single licensing regime, and introduce stringent mineral

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Introducing Indonesia’s New Carbon Law | Indonesia notes

Dec 16, 2021 · New Carbon Law Principles. The Carbon Law is based on the following key principles: Carbon Emissions Reduction Strategy: To achieve Indonesia’s carbon output goal of net zero emissions by 2060, the carbon emissions reduction strategy sets a minimum target of a 29% reduction of Indonesia’s carbon emissions by 2030 (up to 41% if the ...

Read More
Indonesia: Omnibus Law and Regulatory Updates in the ...

Nov 20, 2020 · Indonesia’s Law Number 4 of 2009 on Mineral and Coal Mining (2009 Mining Law), as lastly amended by Law Number 3 of 2020 (together, the Mining Law), is one of the sectoral laws that is amended ...

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Indonesians protesting against mines run growing risk of ...

Dec 17, 2021 · In 2020, 69 Indonesians were “criminalized” in with cases involving disputes with mining companies, according to data from the watchdog NGO Mining Advocacy Network (Jatam). SLEMAN, Indonesia — “We have fought against them for so long, but the mining activities just carry on and so does the criminalization,” says Sapoy, a resident of ...

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