COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 02 March 16
RE-EVALUATION OF MINING LICENSES CLEAN AND CLEAR STATUS IN INDONESIA

SSEKCOALspot.com: In connection with the transfer of mining authority from Regents/Mayors to Governors1 and from Regents/Mayors and Governors to the Indonesian Minister of Energy and Mineral Resources ("MEMR")2 pursuant to the New Regional Government Law3, the MEMR is conducting another review of existing mining licenses (known as IUPs) previously issued by Regents/Mayors and Governors. 

MEMR Regulation No. 43 of 2015 regarding Procedures for Evaluation of Issuance of Mineral and Coal Mining Business License ("MEMR 43/2015") sets forth the requirements for IUPs to be declared Clean and Clear ("CNC"), meaning they have been validly issued and conform to the requirements of the Mining Law. The requirements and consequences for failure to satisfy them are as follow:

 

Requirements Consequence for Failure
application for renewal or upgrade of IUP must be submitted within its term of validity revocation of IUP
area reservation and KP (former form of IUP) application must be approved prior to the issuance of the Mining Law  revocation of IUP
application for area reservation must not overlap with any active COW, CCOW, KP or IUP area for the same mining commodity revocation of IUP
Exploitation KP must derive from an upgraded Exploration KP revocation of IUP
except in the case of a public company, a company must not have more than one IUP
(i) issuance of single IUP consolidating IUPs the areas of which are adjacent to each other, for the same mining commodity and in the same stage (exploration or production); or
(ii) transfer of IUPs to 51% owned subsidiary(-ies) 
IUP term of validity must not exceed the period prescribed under the Mining Law adjustment of IUP's term of validity
IUP area must not overlap with other IUP areas for the same mining commodity or National Reservation Area or other regency/city/province area
(i) reduction of area reflecting partial overlap; or
(ii) revocation of IUP if the overlap covers the whole IUP area4
Exploration IUP's coordinates must be in accordance with the area reservation
(i) change of coordinates if there is partial non-conformance to the area reservation or Exploration IUP’s coordinates, as relevant; or
(ii) revocation of IUP if the entire IUP area does not conform to the area reservation or Exploration IUP’s coordinates
Production Operation IUP's coordinates must be within the Exploration IUP's coordinates
(i) change of coordinates if there is partial non-conformance to the area reservation or Exploration IUP’s coordinates, as relevant; or
(ii) revocation of IUP if the entire IUP area does not conform to the area reservation or Exploration IUP’s coordinates
IUP's coordinates must be straight lines parallel to latitude and longitude adjustment of IUP's coordinates

MEMR will only issue CNC Certificates to mining companies which have submitted the following documents:

1. exploration report and, if applicable, feasibility study report;
2. environmental documents, i.e. AMDAL or UKL-UPL; and
3. evidence of payment of dead rent and, if applicable, royalty.

Failure to submit the above documents may result in administrative sanctions in the form of written warnings, temporary suspension of mining activities or revocation of IUP.  
By: Michael S. Carl & Florence G. Santoso
 
1(Applies to domestic mining companies having a mining area located within one province)
2(Applies to (i) domestic mining companies having a mining area located in more than one province and (ii) all foreign-owned mining companies)
3(Law No. 23 of 2014 regarding Regional Government, as lastly amended by Law No. 9 of 2015)
4(In the event of overlap between IUPs having the same mining commodity, first come, first served applies, based on the date of submission of application and satisfaction of all requirements.)

(This publication is intended for informational purposes only and does not constitute legal advice. Any reliance on the material contained herein is at the user’s own risk)

Michael S. Carl About Michael S. Carl
Michael S. Carl is a foreign legal advisor at SSEK Legal Consultants, where he is a supervising advisor for the firm’s mining practice.

He specializes in mining, energy, infrastructure, finance, insolvency and restructurings, and M&A.

Michael is named by Who’s Who Legal as one of Indonesia’s leading mining lawyers and he has been recognized as a leading lawyer by Chambers Global, IFLR 1000 and Asialaw.



Florence G. SantosoAbout Florence G. Santoso
Florence G. Santoso is experienced in energy, infrastructure, investment and mergers and acquisitions, and has been involved in a number of acquisitions involving industrial and trading companies.

Since joining SSEK Legal Consultants in 2010, Florence has been involved in numerous major mining transactions.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 25 November 15
BIG CHINESE COPPER PROCESSORS DEFEND MARGINS THROUGH R&D, SAYS FITCH
Large Chinese copper processors are focusing on higher value-added products and investing in R&D to enhance their technical know-how to maintai ...


Wednesday, 25 November 15
BIMCO LAUNCHES ANTI-CORRUPTION CLAUSE FOR SHIPPING CONTRACTS WORLDWIDE
COALspot.com: BIMCO, is the world’s largest international shipping association, with 2,200 members in around 130 countries, has now launched ...


Wednesday, 25 November 15
TANKER MARKET INSIGHT - GEORGE VASTARDIS
We have already noticed obvious signs of activity mainly West of Suez, which are currently driving the clean MR market to higher levels. Over the p ...


Tuesday, 24 November 15
COAL SUPPLY PRESSURE PUTS INDONESIAN HBA IN FREE FALL
The coal industry is slowly recognizing that, the current coal price level is not a decrease in price, but a change in pricing to corresp ...


Tuesday, 24 November 15
COAL PRICES SET TO REMAIN UNDER PRESSURE UNTIL 2016 DUE TO OVER SUPPLY GLUT; H1 '16 COAL SWAPS DOWN 13% M-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery slid $5  per ton (12.05%) month over month to US$ 36.50 per ton. The s ...


   537 538 539 540 541   
Showing 2691 to 2695 news of total 6871
News by Category
Popular News
 
Total Members : 28,691
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • UBS Singapore
  • Independent Power Producers Association of India
  • McKinsey & Co - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Russian Coal LLC
  • Jaiprakash Power Ventures ltd
  • Humpuss - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Ince & co LLP
  • BNP Paribas - Singapore
  • Surastha Cement
  • International Coal Ventures Pvt Ltd - India
  • Gujarat Sidhee Cement - India
  • Africa Commodities Group - South Africa
  • Grasim Industreis Ltd - India
  • U S Energy Resources
  • Shree Cement - India
  • Latin American Coal - Colombia
  • PetroVietnam
  • Energy Link Ltd, New Zealand
  • Malco - India
  • Bhatia International Limited - India
  • AsiaOL BioFuels Corp., Philippines
  • IBC Asia (S) Pte Ltd
  • Ambuja Cements Ltd - India
  • CCIC - Indonesia
  • ETA - Dubai
  • PTC India Limited - India
  • Core Mineral Indonesia
  • Vizag Seaport Private Limited - India
  • Tamil Nadu electricity Board
  • Britmindo - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Bank of China, Malaysia
  • Barasentosa Lestari - Indonesia
  • Inco-Indonesia
  • San Jose City I Power Corp, Philippines
  • Trasteel International SA, Italy
  • TRAFIGURA, South Korea
  • Billiton Holdings Pty Ltd - Australia
  • Cement Manufacturers Association - India
  • bp singapore
  • Coastal Gujarat Power Limited - India
  • SASOL - South Africa
  • Commonwealth Bank - Australia
  • Electricity Authority, New Zealand
  • NALCO India
  • Siam City Cement PLC, Thailand
  • Karbindo Abesyapradhi - Indoneisa
  • Formosa Plastics Group - Taiwan
  • Semirara Mining and Power Corporation, Philippines
  • Romanian Commodities Exchange
  • Dalmia Cement Bharat India
  • Ministry of Finance - Indonesia
  • Coal Orbis AG
  • GAC Shipping (India) Pvt Ltd
  • Ind-Barath Power Infra Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • Larsen & Toubro Limited - India
  • Adani Power Ltd - India
  • ASAPP Information Group - India
  • LBH Netherlands Bv - Netherlands
  • Sinarmas Energy and Mining - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Indian Oil Corporation Limited
  • Vijayanagar Sugar Pvt Ltd - India
  • Malabar Cements Ltd - India
  • RBS Sempra - UK
  • KPCL - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Orica Australia Pty. Ltd.
  • Bahari Cakrawala Sebuku - Indonesia
  • PLN Batubara - Indonesia
  • Medco Energi Mining Internasional
  • Adaro Indonesia
  • Cosco
  • Infraline Energy - India
  • Samtan Co., Ltd - South Korea
  • Minerals Council of Australia
  • GNFC Limited - India
  • Lafarge - France
  • JPower - Japan
  • PLN - Indonesia
  • Ministry of Mines - Canada
  • Platou - Singapore
  • Deutsche Bank - India
  • TeaM Sual Corporation - Philippines
  • TNB Fuel Sdn Bhd - Malaysia
  • CIMB Investment Bank - Malaysia
  • Metalloyd Limited - United Kingdom
  • Energy Development Corp, Philippines
  • Bukit Makmur.PT - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • IEA Clean Coal Centre - UK
  • White Energy Company Limited
  • Madhucon Powers Ltd - India
  • Essar Steel Hazira Ltd - India
  • Videocon Industries ltd - India
  • Qatrana Cement - Jordan
  • Indogreen Group - Indonesia
  • Peabody Energy - USA
  • Rio Tinto Coal - Australia
  • Cargill India Pvt Ltd
  • CoalTek, United States
  • Global Coal Blending Company Limited - Australia
  • Savvy Resources Ltd - HongKong
  • IHS Mccloskey Coal Group - USA
  • Gresik Semen - Indonesia
  • Total Coal South Africa
  • MS Steel International - UAE
  • Cebu Energy, Philippines
  • Mercator Lines Limited - India
  • Sojitz Corporation - Japan
  • Sical Logistics Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Bangkok Bank PCL
  • Indonesia Power. PT
  • Gupta Coal India Ltd
  • Vale Mozambique
  • Samsung - South Korea
  • Mitsui
  • Petrosea - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Mintek Dendrill Indonesia
  • Indika Energy - Indonesia
  • ICICI Bank Limited - India
  • Kumho Petrochemical, South Korea
  • Banpu Public Company Limited - Thailand
  • Thermax Limited - India
  • Anglo American - United Kingdom
  • HSBC - Hong Kong
  • UOB Asia (HK) Ltd
  • Coal India Limited
  • Mitsubishi Corporation
  • Chettinad Cement Corporation Ltd - India
  • Planning Commission, India
  • Globalindo Alam Lestari - Indonesia
  • The University of Queensland
  • London Commodity Brokers - England
  • Runge Indonesia
  • DBS Bank - Singapore
  • Shenhua Group - China
  • Renaissance Capital - South Africa
  • Eastern Energy - Thailand
  • Aboitiz Power Corporation - Philippines
  • Singapore Mercantile Exchange
  • Petrochimia International Co. Ltd.- Taiwan
  • Leighton Contractors Pty Ltd - Australia
  • Central Electricity Authority - India
  • Edison Trading Spa - Italy
  • Toyota Tsusho Corporation, Japan
  • TNPL - India
  • Mechel - Russia
  • Xindia Steels Limited - India
  • Kapuas Tunggal Persada - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Thriveni
  • Kalimantan Lumbung Energi - Indonesia
  • Orica Mining Services - Indonesia
  • Maybank - Singapore
  • Attock Cement Pakistan Limited
  • Meralco Power Generation, Philippines
  • Bukit Baiduri Energy - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Bulk Trading Sa - Switzerland
  • Rudhra Energy - India
  • Antam Resourcindo - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Kideco Jaya Agung - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • WorleyParsons
  • Rashtriya Ispat Nigam Limited - India
  • Arutmin Indonesia
  • Vedanta Resources Plc - India
  • Idemitsu - Japan
  • Deloitte Consulting - India
  • Interocean Group of Companies - India
  • KEPCO - South Korea
  • Vitol - Bahrain
  • Clarksons - UK
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Jindal Steel & Power Ltd - India
  • Mitra SK Pvt Ltd - India
  • Port Waratah Coal Services - Australia
  • Coeclerici Indonesia
  • Salva Resources Pvt Ltd - India
  • ANZ Bank - Australia
  • Inspectorate - India
  • Thiess Contractors Indonesia
  • Asian Development Bank
  • Simpson Spence & Young - Indonesia
  • World Coal - UK
  • Economic Council, Georgia
  • Credit Suisse - India
  • Star Paper Mills Limited - India
  • GVK Power & Infra Limited - India
  • CESC Limited - India
  • APGENCO India
  • The Treasury - Australian Government
  • SN Aboitiz Power Inc, Philippines
  • Indian Energy Exchange, India
  • Heidelberg Cement - Germany
  • Enel Italy
  • Bhushan Steel Limited - India
  • Aditya Birla Group - India
  • PowerSource Philippines DevCo
  • Goldman Sachs - Singapore
  • Ministry of Transport, Egypt
  • Bhoruka Overseas - Indonesia
  • Pinang Coal Indonesia
  • Indorama - Singapore
  • Borneo Indobara - Indonesia
  • Sakthi Sugars Limited - India
  • SMG Consultants - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Intertek Mineral Services - Indonesia
  • New Zealand Coal & Carbon
  • Kobexindo Tractors - Indoneisa
  • ING Bank NV - Singapore
  • Lanco Infratech Ltd - India
  • Holcim Trading Pte Ltd - Singapore
  • MEC Coal - Indonesia
  • Coaltrans Conferences
  • Binh Thuan Hamico - Vietnam
  • Kobe Steel Ltd - Japan
  • Thailand Anthracite
  • Altura Mining Limited, Indonesia
  • Geoservices-GeoAssay Lab
  • Xstrata Coal
  • GB Group - China
  • Asia Cement - Taiwan
  • CNBM International Corporation - China
  • Bharathi Cement Corporation - India
  • SRK Consulting
  • TANGEDCO India
  • Glencore India Pvt. Ltd
  • Indonesian Coal Mining Association
  • Tata Chemicals Ltd - India
  • SMC Global Power, Philippines
  • Coal and Oil Company - UAE
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Fearnleys - India
  • Maruti Cements - India
  • Gujarat Mineral Development Corp Ltd - India
  • Makarim & Taira - Indonesia
  • Agrawal Coal Company - India
  • Sindya Power Generating Company Private Ltd
  • Wood Mackenzie - Singapore
  • Posco Energy - South Korea
  • Sree Jayajothi Cements Limited - India
  • globalCOAL - UK
  • Merrill Lynch Bank
  • EMO - The Netherlands
  • Mjunction Services Limited - India
  • Moodys - Singapore
  • Indian School of Mines
  • Riau Bara Harum - Indonesia
  • The India Cements Ltd
  • Panama Canal Authority
  • Uttam Galva Steels Limited - India
  • Maersk Broker
  • Georgia Ports Authority, United States
  • Thomson Reuters GRC
  • European Bulk Services B.V. - Netherlands
  • OCBC - Singapore
  • KPMG - USA
  • Freeport Indonesia
  • Siam City Cement - Thailand
  • IOL Indonesia
  • BRS Brokers - Singapore
  • Electricity Generating Authority of Thailand
  • Reliance Power - India
  • Cemex - Philippines
  • ACC Limited - India
  • Power Finance Corporation Ltd., India
  • Central Java Power - Indonesia
  • Kaltim Prima Coal - Indonesia
  • IMC Shipping - Singapore
  • Pipit Mutiara Jaya. PT, Indonesia
  • Australian Coal Association
  • Arch Coal - USA
  • JPMorgan - India
  • Gujarat Electricity Regulatory Commission - India
  • Asmin Koalindo Tuhup - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • KOWEPO - South Korea
  • Platts
  • Merrill Lynch Commodities Europe
  • South Luzon Thermal Energy Corporation
  • Global Business Power Corporation, Philippines
  • Oldendorff Carriers - Singapore
  • Tata Power - India
  • Bank of America
  • Marubeni Corporation - India
  • Barclays Capital - USA
  • J M Baxi & Co - India
  • Eastern Coal Council - USA
  • Thai Mozambique Logistica
  • India Bulls Power Limited - India
  • Parry Sugars Refinery, India
  • Wilmar Investment Holdings
  • PNOC Exploration Corporation - Philippines
  • TGV SRAAC LIMITED, India
  • The State Trading Corporation of India Ltd
  • Permata Bank - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • GMR Energy Limited - India
  • Karaikal Port Pvt Ltd - India
  • SGS (Thailand) Limited
  • Coalindo Energy - Indonesia
  • NTPC Limited - India
  • Straits Asia Resources Limited - Singapore
  • Standard Chartered Bank - UAE
  • Neyveli Lignite Corporation Ltd, - India
  • Ernst & Young Pvt. Ltd.
  • Kohat Cement Company Ltd. - Pakistan
  • McConnell Dowell - Australia
  • Australian Commodity Traders Exchange
  • GHCL Limited - India
  • Price Waterhouse Coopers - Russia
  • Cardiff University - UK
  • Indo Tambangraya Megah - Indonesia
  • Noble Europe Ltd - UK
  • Bangladesh Power Developement Board
  • OPG Power Generation Pvt Ltd - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Sucofindo - Indonesia
  • Tanito Harum - Indonesia
  • Parliament of New Zealand
  • Baramulti Group, Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Argus Media - Singapore
  • Therma Luzon, Inc, Philippines
  • EIA - United States
  • Carbofer General Trading SA - India
  • SUEK AG - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Petron Corporation, Philippines
  • Mercuria Energy - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Semirara Mining Corp, Philippines
  • World Bank
  • Iligan Light & Power Inc, Philippines
  • Jatenergy - Australia
  • Chamber of Mines of South Africa
  • VISA Power Limited - India
  • Japan Coal Energy Center
  • Kartika Selabumi Mining - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Kepco SPC Power Corporation, Philippines
  • Berau Coal - Indonesia