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Government removes 534 troubled mines permit


Indonesia government has lifted 534 troubled Mining Business License (IUP) permit, said Directorate General of Mineral and Coal) for Ministry of Energy and Mineral Resources Bambang Gatot Ariyono on Friday. Currently there the total revocation at the ministry list recorded 3,960 IUP unclean or clean and clear. The 534 IUPs were revoked still has the obligation to pay off tax liabilities. Minister of Energy and Mineral Resources, Sudirman Said ensure 534 IUP was not seriously pursue companies that mine fields that can not meet the requirements. Bambang detailling, after make a verification on the 1.079 IUP, only 20 percent or about 187 IUP can get a license CNC. While the rest of it should get an introductory note from the governor in their respective territories of IUP’s concerned.


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Source: The Insiderstories
Government removes 534 troubled mines permit

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