Ministry to regulate the certification of mining services companies

Saturday, February 25 2012 - 01:15 AM WIB

By Hiski Darmayana

The Energy and Mineral Resources Ministry has stated to issue a new Ministerial Regulation regarding Certification of Mining Services Companies this March, hoping to elevate the competence level of national mining services companies.

"Many industry players still have doubt about the competence of national mining services companies. This is why we decided to immediately evaluate the release of this ministerial regulation," said Chief of Standardization and Coal Mineral Services Business of the Ministry of Energy and Mineral Resources Nur Hardono in Denpasar, Bali this Friday.

As stated within the Presidential Decree 3/2012, the government is planning to renegotiate mining contracts. Within the six renegotiated items, one of which is the obligation for investors to hire Indonesian workers, goods and services, making a form of certification necessary.

"We first expected to finish the evaluation of this regulation on February this year. But we decided to wait for inputs from stakeholders first so that the regulation could take effect with the most possible acceptance by all concerned," he said.

Editing by Audy Zandri

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