Existing KPs (Mining Rights)are to be converted into IUPs (Mining Permits)
not later than the first anniversary of the Implementing Regulations (April 1,
2010).Existing Contracts of Work and PKP2Bs (Coal Contract of Works)will
continue to be valid until they expire and,thereafter,will be extendable.
The regulation was reminded again by Director General of Mineral,Coal,
and Geothermal,Bambang Setiawan yesterday.Indotambang has 2 KP ’s
Embalut and Tandung Mayang.Both of them have been converted into
IUP ’s.
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