In Indonesia this comes with continued uncertainty in the mining regulatory environment, which has dampened the appetite for investment — and has likely reduced the level of exploration, production, Government earnings, and export proceeds over and above the impact of low commodity prices. Many major international mining companies have left Indonesia, while still investing elsewhere, sometimes .
After a long period of relative freedom to operate with impunity during the New Order (Orde Baru) era, the pressure on the mining companies has now escalated in Indonesia. Mining companies are expected to balance a range of different stakeholders' expectations in the economic and social realms. Local autonomy has not only imposed new charges, regulations, levies and fees to
This desktop research provided a brief on mining legislation and policies in Indonesia, before and after the period of national and regional transition. The project aimed to identify current Indonesian regulatory frameworks/policies and analyse their impliions for mining, Corporate Social Responsibility and community development and empowerment.
through Corporate Social Responsibility (CSR) in mining. Research was conducted at Kaltim Prima Coal (KPC), a major coal mining company loed in East Kalimantan, Indonesia. Since the fall of President Suharto in 1998, Indonesia has increasingly embraced the concept of CSR as meaning the delivery of community development programs by large ...
BreX was a group of companies in Canada. BreX Minerals Ltd., a major part of BreX based in Calgary, was involved in a major gold mining scandal when it reported it was sitting on an enormous gold deposit at Busang [], East Kalimantan, bought the Busang site in March 1993 and in October 1995 announced significant amounts of gold had been discovered, sending its stock price ...
PT Golden Energy Mines Tbk is engaged in the business of trading sector of mining products and mining services. On March 13, 1997 the Company was established under the name of PT Bumi Kencana Eka Sakti which was later changed to PT Golden Energy Mines Tbk on November 16, 2010.
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global mining industry. Moreover, Indonesia represents a significant market for mineral products and government policies increasingly prioritize value addition and domestic use of minerals. Although mining no longer contributes as large a share to exports, GDP, revenue and employment
Mining in Indonesia Tax and Investment Guide 1 Overview of the Indonesian Mining Industry Indonesia continues to be a significant player in the global mining industry with significant production of coal, copper, gold, tin and nickel. Indonesia also remains among the world's largest exporters of .
Indonesia. The Indonesian Chamber of Commerce through the CSR Committee has developed a CSR Guideline based on ISO 26000. According to ISO 26000, social responsibility can be carried out by all types of organizations, companies and non
This means, Indonesian mining is ranked as the world's second largest exporter with 203 million tons in total. Mining sector becomes one of the main sectors that drive the economy of Indonesia. The visible indiion is the contribution of state revenue which increases each year. In addition, mining .
Versi Bahasa Indonesia Responsible Mining Index Framework 2020. Tentang Responsible Mining Foundation Responsible Mining Foundation (RMF) adalah sebuah organisasi penelitian independen yang mendorong perbaikan terusmenerus di bidang pertambangan yang .
Archi Group has 100% stake in the Toka Tindung Project – a gold and silver mine in North Sulawesi. Mining rights of the Toka Tindung Project is via two Contract of Work (CoW) companies, namely PT Meares Soputan Mining and PT Tambang Tondano Nusajaya, both of which are loed in North Sulawesi, Indonesia.
Global Capitalism And The Caring Corporation Mining And. Abstract this dissertation is an ethnographic examination of the corporate social responsibility csr movement in the mining industry using newmont mining corporation in denver and newmonts batu hijau copper and gold mine in sumbawa indonesia as case studies i trace the emergence and dynamics of csr in relation to neoliberal policies ...
Law of Mining in Indonesia. ... In the event of the License Holder is using a Mining Service's help, the responsibility for the activities of mining business lies on the License Holder. Divestation of Shares After 5 (five) years of production, legal entity whose shares is owned by foreigners, must divest the shares to the Government, local ...