Introduction Article 33, paragraph (3) of the 1945 Constitution stipulates that "the land, water, and natural resources contained therein are controlled by the state and utilized for the greatest prosperity of the people". To realize this mandate, every available...
Background The Government through Ministry of Energy and Mineral Resources (“MEMR”) are continuously doing steps to regulate the licenses on mining sector of which area is still overlapping. On 30 December 2015, the MEMR issued a new regulation related to the...
Minister of Trade Regulation No. 29/M-DAG/PER/5/2012 on The Export of Mining Products ("MR 29/2012") regulates provisions to tighten the control on export of mining product. Mining product means non-renewable natural resources which are extracted from the bowels of...
Forests must be utilized and used in an appropriate and sustainable way by considering ecological, social and economic functions and ensuring the continuity of forests for the present and future generations. Forest destruction, however, has become an organized and...
In order to guarantee legal certainty in carrying out control over mineral sale to overseas and to implement Decision of Supreme Court No. 10P/HUM/12 dated September 12, 2012, it is necessary to re-amend the stipulations on mineral added value through processing and...
Regulation of Minister of Energy and Mineral Resources Number 28 of 2009 on Implementation of Mineral and Coal Mining Services is amended by Regulation of Minister of Energy and Mineral Resources Number 24 of 2012 (“RM on Mining Services”). There are some material...
Government Regulation Number 23 of 2010 (“PP No. 23/2010”) on Implementation of Mining Business Operations is amended by Government Regulation Number 24 of 2012 (“PP No. 24/2012”). There are some matters covered in PP No. 24/2012. Under Article 3 (a) PP No. 24/2012, a...
Gold investment can be a very profitable form of investment. Apart from investing in gold in its physical form such as gold bars and gold coins, one can make a lot of profit by purchasing gold mining stocks. By investing in gold mining stocks you can earn considerable...
Pursuant to Article 34 of Law No. 4 of 2009 on Mineral and Coal Mining (“Mining Law”), mining business can be divided into two types: (i) Mineral mining; and (ii) Coal mining. The Governmental Regulation No. 23 of 2010 on the Implementation of Mineral and Coal Mining...