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  3. Mining & Minerals / Gems

Pemberian Kuasa Pertambangan Eksploitasi Bahan Tambang

English translation: Grant of Mining Authorization for Exploitation

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Indonesian term or phrase:Pemberian Kuasa Pertambangan Eksploitasi Bahan Tambang
English translation:Grant of Mining Authorization for Exploitation
Entered by: Agustinus

02:28 May 17, 2011
Indonesian to English translations [PRO]
Mining & Minerals / Gems
Indonesian term or phrase: Pemberian Kuasa Pertambangan Eksploitasi Bahan Tambang
-
Agustinus
Indonesia
Local time: 16:26
Grant of Mining Authorization for Exploitation
Explanation:
Under the old Mining Law, mineral exploration and mining activity in Indonesia was conducted under either a Mining Authorization (“KP”) and/or a Contract of Work (CoW), which was issued by the Central Government. Under the old Mining Law, an Exploration KP was granted for 3 (three) years, followed by an Exploitation KP for 30 (thirty) years, extendable for 10 (ten) years twice. An Exploitation KP was a type of mining licence for exploitation activities in a mining area. It was valid for a limited period of up to 30 years and can be extended twice, each time for a 10-year period. The maximum area coverage for an Exploitation KP was 1,000 hectares. An Exploitation KP could include KPs for processing and refining, as well as transportation and marketing. If an Exploitation KP did not include the necessary KPs for those activities, the holder would be required to apply for the other types of KPs.
Selected response from:

Catherine Muir
Australia
Local time: 19:26
Grading comment
Catherine, thank you and have a nice day. full points for you. :)
4 KudoZ points were awarded for this answer



Summary of answers provided
5Grant of Mining Authorization for Exploitation
Catherine Muir


Discussion entries: 1





  

Answers


4 hrs   confidence: Answerer confidence 5/5
Grant of Mining Authorization for Exploitation


Explanation:
Under the old Mining Law, mineral exploration and mining activity in Indonesia was conducted under either a Mining Authorization (“KP”) and/or a Contract of Work (CoW), which was issued by the Central Government. Under the old Mining Law, an Exploration KP was granted for 3 (three) years, followed by an Exploitation KP for 30 (thirty) years, extendable for 10 (ten) years twice. An Exploitation KP was a type of mining licence for exploitation activities in a mining area. It was valid for a limited period of up to 30 years and can be extended twice, each time for a 10-year period. The maximum area coverage for an Exploitation KP was 1,000 hectares. An Exploitation KP could include KPs for processing and refining, as well as transportation and marketing. If an Exploitation KP did not include the necessary KPs for those activities, the holder would be required to apply for the other types of KPs.

Example sentence(s):
  • A Mining Authorization for Exploitation (see Article 7 clause c at http://hukum.unsrat.ac.id/uu/uu_11_1967_eng.pdf)
  • PT. MSP currently holds 13 Mining Authorizations of Exploitation covering a total area of 3,051.8 hectares which are spread in 11 locations in several Regencies in Bangka Island, Indonesia.

    Reference: http://hukum.unsrat.ac.id/uu/uu_11_1967_eng.pdf
    Reference: http://www.sapphirecapital.proboards.com/index.cgi?board=com...
Catherine Muir
Australia
Local time: 19:26
Specializes in field
Native speaker of: English
PRO pts in category: 8
Grading comment
Catherine, thank you and have a nice day. full points for you. :)
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