Govt announces CnC status for 454 IUPs

  • petromindo.com

The Directorate General of Mineral and Coal at the Ministry of Energy and Mineral Resources announced on Friday the Clear and Clean (CnC) status for 454 mining business permits (Izin Usaha Pertambangan/IUP).

The government set a 30-day deadline for the IUP holders to submit all the necessary requirements based on their activity stage if they want to obtain the CnC certificate.

The 454 IUPs have met the requirements set in Law No 4/2009 and Government Regulation No 23/2010 including there is no overlapping of IUP area and the IUP documents are in accordance with the regulation.

All IUPs with CnC status are obliged to complete all requirements based on activity stage. For exploration stage, IUP holders have to submit land rent receipt and exploration report.

While for exploitation stage, IUP holders have to submit UKL UPL /AMDAL approval and the supporting documents. In addition, they have to submit complete exploration and feasibility study report, lend rent and royalties receipts.

source www.petromindo.com


Posted by : N/A