Posts Tagged ‘Mining’

Indonesian Mining Divestment Update – Ministry of Energy and Mineral Resources Publishes Draft Implementing Regulation

Written by Michael S. Carl As previously noted, the Indonesian Government has issued Government Regulation No. 24 of 2012 (“GR 24”) as an implementing regulation of Law No. 4 of 2009 Regarding Minerals and Coal Mining. GR 24 now requires foreign shareholders of Indonesian mining companies holding izin usaha pertambangan (IUPs) to divest 51% of [...]

Legal Alert March 2012

Please find attached the latest Legal Alert for March 2012. SSEK’s Legal Alert is a monthly survey designed to keep you up to date with the latest legal developments in Indonesia. Click here: Legal Alert_March_2012

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New Indonesian Mining Divestment Requirements

Written by Darrell R. Johnson and Kharisma Perwiro On February 21, 2012, the Indonesian Government issued Government Regulation No. 24 of 2012 (“GR 24”) which amended Government Regulation No. 23 of 2012 on the Implementation of Coal and Mining Activities. (For a full English Translation of GR 24, click here). GR 24 is the implementing [...]

Legal Alert February 2012

Please find attached the latest Legal Alert for February 2012. SSEK’s Legal Alert is a monthly survey designed to keep you up to date with the latest legal developments in Indonesia. Click here: Legal Alert_February_2012

New Indonesian Mining Regulation on Foreign Ownership

Effective as of February 21, 2012, a new mining regulation was recently issued that limits foreign ownership in mines by requiring a phased divestment of ownership over the lifecycle of the mine. As reported by Reuters yesterday, domestic ownership of mines is to be at least 51% in the tenth year of mine ownership. Michael [...]

Indonesian Law: 2011 Year in Review

Over the past couple months, we have been publishing our 2011 Indonesian Law Review series in which our attorneys discuss recent legal developments in 2011 and track the main trends in each industry. Below you may find links to each of the articles: Oil & Gas Mining Geothermal Mining & Power Production Investment Labour & [...]

2011 Indonesian Law Review: Environmental Protection & Management

Written by Dewi Savitri Reni Over the last decade Indonesia has experienced significant economic growth. As much of this growth is the result of natural resource development, Indonesia has also become more aware and willing to tackle accompanying environmental problems with mixed results. Current Issues Two years ago, the Indonesian Parliament passed Law No. 32 [...]

Mining

2011 Indonesian Law Review: Mining

Written by Sofia Angeline Manalu Although some progress has been made by the Government of Indonesia during 2011, the Government still has plenty of work to do to ease investment in the mining sector. The issuance of implementing regulations of the 2009 Mining Law is still on going despite the fact that Indonesia’s new mining [...]

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A due diligence shortcut for mining rights in Indonesia

Written by A. Supriyani Kardono Investors looking to invest in Indonesia’s mining sector may feel a  bit more relieved now as a central database on mining rights in Indonesia has been developed by the Ministry of Energy and Mineral Resources (“MEMR”). The Directorate General of Minerals and Coal of the MEMR (“DGMC”) has compiled and [...]

Legal Alert August 2011

Please find attached the latest Legal Alert for August 2011. SSEK’s Legal Alert is a monthly survey designed to keep you up to date with the latest legal developments in Indonesia. Click here: Legal Alert_August_2011