Sign up | Log in



Home  >>   Daily News  >>   Indonesia News  >>   Environment  >>   Indonesia to audit mining permits
NEWS UPDATES Asean Affairs        24  May 2011

Indonesia to audit mining permits

Related Stories

February 26, 2011
Indonesian mud volcano erupting for 25 years

February 15, 2011
Indonesia, Finland sign renewable energy agreement

December 20, 2010
Tax breaks for Indo green companies

December 3, 2010
Indonesia seeks funding in Cancun

Indonesia will audit more than 8,000 existing mining permits to make sure they are in line with mining and environmental laws, the country's finance minister said on Monday, days after the country passed new regulations on environmental protection.

President Susilo Bambang Yudhoyono last week signed a two-year moratorium on permits for logging and another decree allowing underground mining in protected forests if conditions such as an environmental assessment had been met.

The rules were softer than expected by environmentalists and it was not clear if the audit of permits would lead to any cancellations. Indonesia had already stopped issing new mining permits ahead of mining regulations stemming from a 2008 law.

"There are many overlapping permits, and permits where it needs to be confirmed whether they are in line with mining practices in term of protecting the environment," said Finance Minister Agus Martowardodjo.

Higher commodity prices are attracting increased investment interest in mining metals such as nickel in Indonesia, despite red tape, poor infrastructure and corruption.

But the severe bottleneck in mining license issuance threatens further development of Indonesia's resources, executives have said.

Global miners with projects in Indonesia include Newmont Mining Corp , Freeport-McMoRan Copper & Gold and BHP Billiton . Indonesia is the world's top exporter of thermal coal and tin.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    24  May 2011 Subsribe Now !
• Yuan to become third reserve currency Subcribe: Asean Affairs Global Magazine
• Indonesia to audit mining permits Asean Affairs Premium
• Pertamina Loses US$30 million in fire
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• AirAsia may increase fleet
• Bursa Malaysia looks at unusual activity

• Philippines posts record fiscal surplus

• Thai growth on course

• Viet Nam Airlines to expand fleet p

Asean Analysis    24  May 2011

Advertise Your Brand
• Luxury goods go east Sponsor Our Events

Asean Stock Watch    24  May 2011

• Asean Stock Watch-May 24 p

Global News Impacting Asia    17 November 2010


• Bank of America sees Asian inflation


• Lloyd’s increases insurance push in Malaysia


• Wells Fargo analyst on euro


• Obama’s visit to Asia


ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand