Innovative Auction of Mining Areas
Minister of energy and mineral resources Ignasius Jonan has issued Decree No. 1805.K/30/Mem/2018 about Compensation Price for Data and Information on Mining Concession (WIUP) and Special Mining Concession (WIUPK) for 16 blocks auctioned off to investors. The government expects to collect Rp4.09 trillion from this auction, the first in the country.
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