Rekan-rekan,

 

Mungkin ini pernah didiskusikan tapi karena sejak 3 - 4 minggu lalu saya
tidak bisa menerima email dr milist iagi (dan baru 2 hari ini tergabung
lagi) shg tdk sempat mengikuti. 

 

Adakah yang tahu ttg hasil diskusi pertambangan 14 April lalu (Airlangga,
Amin Rais dll)? - kebetulan selain problem dengan milist, saya sedang di
luar kota dan tidak mengikuti beritanya. Dibawah ini kutipan berita dari
Reuter yang kemungkinan berhubungan dengan acara dialog 14 April lalu:
Mining Law Bill dll... 

 

Pembatasan area eksplorasi - eksploitasi menjadi di bawah 100,000 ha per coy
kayaknya hanya akan berpengaruh ke pemegang KK. Kalau buat yang biasa
bekerja dengan KP - pembatasannya jauh lebih kecil (25,000 ha per coy) - dan
ini sudah berlaku sejak dahulu kala.

 

Salam - Daru

 


Indonesia plans to limit mining areas


Reuter, Mon Apr 14, 2008 4:18pm IST

 

By Fitri Wulandari

JAKARTA, April 14 (Reuters) - Indonesia plans to limit the area that metal
and coal miners can explore to prevent domination by a few companies, a
legislator said on Monday, a move analysts said could hurt already poor
levels of investment.

Indonesia has some of the world's largest deposits of coal, copper, tin,
nickel and gold, and is keen to earn more from the sector, particularly as
strong demand from China and India is driving prices for many commodities up
to record levels.

But the sector has been struggling to attract foreign money as legal
uncertainty, rampant graft and red-tape have steered foreign investors away
from Indonesia.

A draft bill limiting the exploration area is expected to be passed by
August, said Airlangga Hartarto, chairman of a parliamentary commission in
charge of energy and mining issues, said. He said there are currently no
such limits.

Indonesia plans to limit exploration and exploitation areas for metal
mining, which include tin, copper and gold, to 100,000 hectares and 25,000
ha per firm respectively, he said.

It would also limit exploration and exploitation areas for coal mining to
50,000 ha and 15,000 ha per firm respectively.

"This is aimed at preventing mining firms from controlling large areas. The
current system has allowed firms to have mining areas above 100,000
hectares," Hartarto told reporters.  

He added the limits will not affect existing contracts.

Mining analyst Yusuf Ade Winoto of brokerage DBS Vickers Indonesia said the
move could hurt investment in the long run, but the limitations would help
the government protect the environment.

"In general, it may hurt foreign investment in the sector," Winoto said.

He said however that the move is unlikely over the short term to hurt big
mining companies already operating in Indonesia as the limitation will not
affect their existing contracts.

The mining industry grew by just 2.2 percent in 2006, Indonesian government
data shows, much slower than overall economic growth of 5.5 percent due to
the absence of major investment in the past years.

WAITING IN THE WINGS

Investment by foreign and domestic firms in Indonesia's mining sector
averaged just $800 million a year between 2000 and 2005, and is set to reach
only $1.5 billion this year, partly because of uncertainty over a new mining
law.

Some of the world's top mining firms such as Freeport-McMoran Copper&Gold
(FCX.N: Quote <http://in.reuters.com/stocks/quote?symbol=FCX.N> , Profile
<http://in.reuters.com/stocks/companyProfile?symbol=FCX.N> , Research
<http://in.reuters.com/stocks/researchReports?symbol=FCX.N> ) and
International Nickel Indonesia INCO.JK have operations in the country. 

But the Indonesian Mining Association said $8 billion to $11 billion worth
of mining projects were waiting in the wings.

International mining firms, including Rio Tinto Ltd/Plc (RIO.L: Quote
<http://in.reuters.com/stocks/quote?symbol=RIO.L> , Profile
<http://in.reuters.com/stocks/companyProfile?symbol=RIO.L> , Research
<http://in.reuters.com/stocks/researchReports?symbol=RIO.L> ) (RIO.AX: Quote
<http://in.reuters.com/stocks/quote?symbol=RIO.AX> , Profile
<http://in.reuters.com/stocks/companyProfile?symbol=RIO.AX> , Research
<http://in.reuters.com/stocks/researchReports?symbol=RIO.AX> ) and BHP
Billiton (BLT.L: Quote <http://in.reuters.com/stocks/quote?symbol=BLT.L> ,
Profile <http://in.reuters.com/stocks/companyProfile?symbol=BLT.L> ,
Research <http://in.reuters.com/stocks/researchReports?symbol=BLT.L> )
(BHP.AX: Quote <http://in.reuters.com/stocks/quote?symbol=BHP.AX> , Profile
<http://in.reuters.com/stocks/companyProfile?symbol=BHP.AX> , Research
<http://in.reuters.com/stocks/researchReports?symbol=BHP.AX> ), could
potentially invest billions of dollars in new projects in Indonesia.

Rio Tinto is waiting to start a nickel project on Sulawesi island that has
been valued at as much as $2 billion, and which could produce 46,000 tonnes
of low concentrate nickel per year.

Indonesia's state-controlled PT Aneka Tambang ANTM.JK and its Russian
partner United Company RUSAL are waiting to proceed with a bauxite and
alumina project at West Kalimantan, with construction of the plant scheduled
for 2009.

The project is valued at $1.4 billion but could require investment of as
much as $4 billion if infrastructure such as a smelter and power plant are
included.

Despite a global price boom for most commodities that has prompted a fresh
flurry of investment and mega-mergers, uncertainty over the new mining law
has hampered the development of the country's rich coal, copper, gold, tin
and nickel deposits, a key driver of economic growth.

(Reporting by Fitri Wulandari, additional reporting by Tyagita Silka,
editing by Sugita Katyal and Chris Johnson) 

 

 

 

 

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