Nationalization Of Indonesian Mines
Nationalization in the Mining Industry: A Long and Varied …
The history of nationalization in the mining industry is a complex tapestry woven from governments' desire to assert control over valuable natural resources and their pursuit of economic sovereignty.
A Specter Haunting Latin American Mining? Not So Fast
Senior Associate Lauri Tähtinen and Henry Ziemer explore the recent wave of attention on resource nationalization in Latin America and seek to separate good faith national mining strategies from efforts to consolidate more autocratic control under the premise of resource sovereignty.
Indonesia's Guided Economy, 1957–1965 | SpringerLink
Chapter five examines the final episode in the economic nationalism of the Orde Lama ('Old Order') in Indonesia. If the moderate measures of Indonesianisasi failed to produce a satisfactory result in economic nationalism, what alternative measures were resorted to? The chapter describes the takeover and nationalization of Dutch …
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The mining sector in Indonesia is characterized by a polarized ownership structure, whereby foreign and domestic capital are differentiated, and the largest mineral and coal …
Tense Situation at World's Largest Gold Mine
Already contending with the possible nationalization of the world's largest gold mine, in Indonesia, American mining giant Freeport-McMoRan now faces a shareholder lawsuit.
Will Chile Move to Nationalize Lithium and Copper Mines?
A Latin America Advisor Q&A featuring experts' viewpoints on the potential nationalization of Chile's lithium and copper mines.
Mining Capital and the Indonesian State
Here I examine the state-capital relations in the Indonesian mining industry, starting with a conceptual overview of the key characteristics of the mining industry …
Nationalisation and the mines (Chapter 6)
Chapter 6 Nationalisation and the mines; Chapter 7 Broad-based BEE? HCI's empowerment model and the syndicalist tradition; Chapter 8 'Ask for a camel when you expect to get a goat': Contentious politics and the climate justice movement; Chapter 9 Hydraulic fracturing in South Africa: Correcting the democratic deficits;
Kazakhstan confirms nationalization of ArcelorMittal …
Kazakhstan has confirmed the nationalization of ArcelorMittal Temirtau which operates the country's largest steel plants and several coal and ore mines following a coal mine fire that killed, according to emergency services, at least 32 workers while another 14 remained unaccounted for.
Indonesia mine nationalization shakes top copper producer …
JAKARTA — Indonesia's nationalization of a major copper and gold mine formerly run by U.S. metals company Freeport-McMoRan is a win for Indonesian …
Indonesia's asset nationalisation programme reshaping …
As part of Indonesia's nationalisation of mineral resources, new tax rules were issued in 2018 for mining companies shifting their current contracts to special mining permits – a …
Mining India's troubled history of coal and politics
India's semi-planned economy led the prime minister Indira Gandhi to nationalize its coal industry in stages between 1971 and 1973, giving state-owned Coal India Limited and its subsidiaries a monopoly on coal mining until 1993 when the Nationalization Act was amended to allow private companies to undertake coalmining …
globalEDGE Blog: To Nationalize or Not? The Pros and Cons …
Recent calls by the African National Congress (ANC) Youth League to nationalize South Africa's mining industry have resurrected a seemingly never-ending debate: to nationalize or not. What implications would nationalization have on the global mining economy as a whole? Pros: Nationalization doesn't have to cut out the private …
Mexican Senate approves nationalization of lithium mining
Mexico's Senate has passed a bill to nationalize lithium mining and extraction. The bill was submitted by President Andrés Manuel López Obrador, who is expected to sign it into law.
FREEPORT — MCMORAN: A MAJOR MINER CHALLENGE
A strategy article focused on solutions for a global mining company facing resource nationalization. ... Freeport should take advantage of its newfound relationship with Indonesian mining ...
Indonesia limits foreign ownership of mines
Indonesia will take more of the profits from its vast mineral resources by limiting foreign ownership of mines in a move likely to scare off new investment in the world's top exporter of thermal ...
(PDF) Nationalization of Share by Divestment in Indonesia
In Indonesia, thedivestment is carried out for nationalized shares in foreign companies in the mineral and coal mining sector. Thisresearch aims to find the nationalization of shares by divestment ...
Nationalizing South African mines: an economic assessment
SYNOPSIS. Nationalization is high on the policy agenda in South Africa. This paper considers the case for nationalizing the local mining sector from an evidence-based perspective, which is derived from theoretical considerations and related to the known features of the South African mining sector and economy.
Mining nationalization and privatization in Peru and in Chile
The nationalization process of mining companies was a global issue from the beginning of the twentieth century. It first occurred in Europe for diverse reasons and at the end of the 1940s, it reached developing countries. The cause for nationalization in the latter was dominated by the search to recover a national patrimony and to regain …
INITIATING THE CONCEPT OF NATIONALITY: …
In the context of the nationalization of natural resource management, Article 2 of Act No. 86 of 1958 can be adopted, in the sense that companies that must be nationalized are …
Intrepid Mines Limited Mining News
Brisbane, Australia-based Intrepid Mines (IAU-T) is the latest victim in an ongoing nationalization saga in Indonesia and its neighbours. On June 28 an unknown entity seized control of its Indonesian joint-venture partner Indo Multi Niaga…
A vicious cycle of rising resource nationalism
This trend of increased resource nationalization will likely continue as the global competition for critical minerals intensifies, driving their prices (and potential …
RESOURCE NATIONALISM IN INDONESIA: OWNERSHIP …
Indonesia's mining sector, and only muted attempts to limit foreign ownership in the plantations industries? What motivates and constrains state intervention in Indonesia's ... capital, in particular, and can range in form from the nationalization of foreign assets, restrictions on foreign investment, to less contentious initiatives that ...
Nationalization | Canada Commons
An exploration company, Company president Nationalization of mining assets increases uncertainty and ... Trade with Indonesia in critical minerals price volatility, protectionist policies, and nationalization. 2. Indonesia is also suffering from social ...
The Coal Mines (Nationalisation) Act, 1973 | PDF
The document is the Coal Mines (Nationalisation) Act of 1973 which provided for the acquisition and transfer of ownership rights in coal mines from private owners to the state. Key points: 1) It acquired ownership rights in specified coal mines on May 1st, 1973 and vested these rights in the central government or government companies.
Resource nationalism on the rise in top mining countries — …
The last year has seen a rise in resource nationalism — or the risk of thereof —in an extensive and fast-rising number of countries, including top mining countries, market analyst Fitch ...
Nationalizations by Country 2024
1972 - Chilean nationalization of copper mining industry, after a unanimous modification to the Constitution by the Chilean Congress on 11 July 1971, nationalizing the operations of the US companies Anaconda, Kennecott, and Cerro. The act was carried out by the Socialist government of Salvador Allende. ... Indonesia. 1953 - Bank of Java ...
Microsoft Word
The aim of this research is to explain resources nationalism in mining policy Indonesia within the new regulation and to its implication towards Indonesia's energy security. This …
Nationalization of Share by Divestment in Indonesia
The nationalization of foreign shares carried out by divestment in Indonesia is regulated in investment law and mineral and coal mining law. This is because nationalization in the Indonesian investment law is further regulated in the Act, while the Indonesian Mineral and Coal Mining Law have required foreign capital to be divested.
Revising Mining Codes: Equality for Nations or Nationalization?
In recent years, an increasing number of nations, particularly in Africa, have been amending their mining codes. Governments likely view these amendments as a way of getting more for their people from their natural resources.
RESOURCE NATIONALISM IN INDONESIA: OWNERSHIP …
The mining sector in Indonesia is characterized by a polarized ownership structure, whereby foreign and domestic capital are differentiated, and the largest mineral and coal producers have relatively clear shareholder structures that demonstrate either …
A new wave of resource nationalism in the mining & metals …
Analysts are predicting the advent of a new commodity super-cycle, powered by the economic recovery and the energy transition narrative. The mining & metals industry may be facing a renewed period of intense resource nationalism.
Indonesian resource nationalism could spell tough times for …
Resource nationalism appears to be on the rise in Indonesia, potentially spelling uncertainty in the metals sector with the country appearing to be moving …
The nationalization of the large-scale copper mines in …
The nationalization ofthelarge-scale copper mines inChile: successful investment ornancial… We nd that the nancial assessment is not as clearly
Foreigners Have Long Mined Indonesia, but Now There's an …
JAKARTA, Indonesia — Crowned with spiky feathered headdresses and daubed with face paint, scores of protesters gathered outside the Jakarta offices of an American mining giant last week ...
South Africa says no to mines nationalization
The South African government has quashed persistent rumours about nationalizing the country's mining industry.