Jakarta, Aktual.com – In the Revision of Act (UU) No. 4 of 2009 on the coal and mineral mining (Minerba), the Government will give timescales much longer to the company for mining permit extension.

Where as be regulated in Law No. 4 of 2009 such that the investor may apply for and receive a contract extension earlier than 2 years before the contract expires.

But according to the Directorate General of Mineral and Coal Mining, Bambang Gatot Ariyono, the time period is not enough for investors to consider and evaluate in deciding the policy of the company.

“We want give extension so that there is a little spare time in the submission of the permit, so we want it is not two years but at least 5 years for even longer, so that consideration of the investment companies have more time to consider or evaluate,” said Billy in a seminar Indonesia Mining Outlook at the Hotel Dharmawangsa, Kebayoran Baru, Jakarta, Wednesday (16/3).

Furthermore, said Gatot it is a form of government efforts to provide legal certainty in the management of mineral and coal in Indonesia.
“In terms of the revised legislation, we try how to formulate this permission so that there is legal certainty,” he concluded.

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