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Thursday, 02 April 09
FOREIGNERS ALSO CHEER FOR INDONESIA'S THE NEW MINING LAW - MAJALA TAMBANG


Three mining giants, Australia's Rio Tinto along with Canada's Barrick Gold and Southern Arc, are among foreign corporations currently applying for mining permit (IUP in its Indonesian abbreviation), required under the new mining law, the so-called Minerba law, for whomever who would like to perform mining exploration and operation in Indonesia.

Rio Tinto had applied to explore at Lemonga goldmine in West Nusa Tengara and Lasamphala in Sulawesi, while Barrick Gold. Corp. had applied for one in Bengkulu, whereas Southern Arc in Lombok and Sumbawa under its Indonesian alias, PT. Indotan. To read more click
Majala Tambang



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