JAKARTA, March 18 (Xinhua) -- The Indonesian government plans to auction off the right to operate mines to investors next year, local press reported here Monday.
With the start of the auction, the current way to give an operational right to the miners by filing a request for a license to the government will be terminated, said Thamrin Sihite, director general for mineral and coal at the Energy and Mineral Resources Ministry.
The director said that the government now was mapping the area across that can be mined in the vast archipelago country and the work is targeted to be completed this year. "Later, the area (for mining operation) will be auctioned. Now we must have the mapping of the area first,"he was quoted by Inilah online, one of the leading news portal in the country, as saying.
Sihite said that currently, the government has collected between 65 to 75 percent the data on the mining area, which will be used to support the determination of area eligible for mining operation. "When an area has been determined as a mining area, it can be auctioned,"he said.
Recently, the Indonesian government has made some regulations on mining sector, which has contributed on the country's revenue by about 12 percent of the GDP, aiming at tapping more revenue and reducing over exploitation of mineral ores.
The government has planned to require miners to divest ownership of mines by more than 51 percent after 10 years of production and restricted the exportation of 65 mineral ores since May, unless the miners insisted to construct smelters and pay a 20- percent export tax ahead of total ban on export of all unprocessed mineral products by 2014.
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