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Indonesia Client eAlert: New Government Regulation No. 24 of 2012

20 March 2012

February 2012 marks the third anniversary of the new mining law, Law No. 4 of 2009 (the Mining Law). Since its enactment in January 2009, the Government has issued four Government Regulations and six Minister Regulations as its implementing regulations. Just as the market was starting to understand the Mining Law and its implementing regulations, the Government made key changes to the regulations which will certainly affect the mining industry.