![]() ![]() Mr Hendra Sinadia, Executive Director of the Indonesian Coal Mining Association (ICMA) undertook the role of moderator. My apologies for any errors or omissions. It is recommended to attend such conferences to determine important insights that may be relevant to each person or company. It is recommended readers refer to the authors for clarity and accuracy. The following are notes and personal impressions. The industry is hoping the new government will change direction to deliver hope and growth through simpler regulations, more coordination between government entities and a shift towards encouraging new private enterprise growth in the exploration and mining industry. ![]() At least the SOE mining companies can think the Government has their back. Taking the industry two steps towards simply being Government contractors, without the Governments support for a possible bail out should the industry take a down turn. The new tax regulation 37/2018 and the new banking regulation 1/2019 on the financial aspect of the mining industry appear to change the “free enterprise” mining business. It would seem the Government’s policy of mining “for the greatest benefit of the people” is translated into what can be taken out of the mining industry, rather than how to grow the mining industry such the benefits can grow organically. The raft of new regulations certainly lifts the level of accountability of the mining industry. Presentations were mainly in English, with translation services provided. ![]() Some 40 people attended, of which about 8 were women. and Coal Asia held the 3 rd Mining Legal Conference in Jakarta on the 17 July 2019. The 3 rd Mining Legal Conference 2019 – A call for better regulations. ![]()
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