Podcast - Panorama del sector energético en Colombia
Challenges for Infrastructure Projects in the Current Environment
On May 30, 2024, the Government of Indonesia (the "GOI") enacted Government Regulation No. 25 of 2024 ("GR 25/2024"), amending Government Regulation No. 96 of 2021 on the Implementation of Mineral and Coal Mining Activities...more
As we close out this series on the Bre-X mining scandal, the lessons from this notorious case continue to resonate, especially for today’s compliance professionals. The fraud that led to the downfall of Bre-X and the ensuing...more
The Bre-X mining scandal of the 1990s is one of history’s most infamous corporate fraud cases. Bre-X Minerals Ltd., a small Canadian company, falsely reported one of the largest gold deposits ever discovered in Indonesia,...more
In the annals of corporate fraud, few scandals match the magnitude of the Bre-X mining affair. For compliance professionals, the lessons from this incident resonate deeply, not just because of the scale of the deception but...more
Few corporate scandals are still as infamous or devastating as the Bre-X mining scandal. What began as a story of incredible wealth, fueled by the promise of one of the largest gold deposits ever discovered, unraveled into...more
Buoyed by healthy GDP growth and rising consumer confidence, Indonesian M&A has been on a roll in recent years. Southeast Asia’s largest economy has largely evaded macroeconomic headwinds such as high inflation and weakening...more
On September 26, 2022, the Indonesian Minister of Investment provided an update on the review process being undertaken by the Ministry of Investment in respect of its revocation of over 2,000 mining permits in August 2022....more
On 6 January 2022, the President of Indonesia announced that the Government, through the Ministry of Energy and Mineral Resources (“MEMR”), has revoked 2,078 Mining Business Licenses (‘IUP’ for ‘Izin Usaha Pertambangan’),...more
On 9 September 2021, the Government of Indonesia issued Government Regulation No. 96 Year 2021 on the Implementation of Mineral and Coal Mining Business Activities (GR 96/2021). GR 96/2021 provides further elaboration on...more
Businesses are now entering a new era of mining in Indonesia. On 10 June 2020 President Joko Widodo finally signed a long-anticipated bill amending Law No. 4 of 2009 on Minerals and Coal Mining (the mining law) after...more
The incumbent, Joko Widodo, declared victory in Indonesia's presidential elections over his challenger and former general Prabowo Subianto. The election commission said Mr. Widodo, widely known as Jokowi, won 55.5 percent of...more
Recent changes to the mining investment regime remind us that it is more important than ever to think ahead and carefully plan your mining divestment strategy. ...more
Indonesia just issued a new regulation (Reg. 42/2017) that extends governmental control on private and foreign investment in the energy and mining sectors. Whilst similar forms of control already existed in the upstream...more
The Government of the Republic of Indonesia on 11 January 2017 issued new mining regulations regulating (i) ‘new’ share divestment requirements for foreign investment companies holding an IUP or IUPK; and (ii) new export...more