Regent of Gunung Mas

Regent of Gunung Mas Decree

Number: 04/DPE/III/V/2012

REGARDING
APPROVAL OF MINING BUSINESS LICENSE PRODUCTION OPERATION
ON BEHALF OF PT.
REGENT

Reading

: Directors application letter of PT.

DKPER/I/2012 dated January 10, 2012 Regarding Request of Mining
Business License or Izin Usaha Pertambangan (IUP) Production
Operation;

Considering : based on the evaluation result of the Mining Business License (IUP)
Exploration Activity PT.
has qualified to be given
approval of Mining Business License Production Operation.
Viewing of: 1. 1997 Act Number 23 regarding Environmental Management (State
Paperwork or Lembaran Negara (LN) Year 1997 Number 68,
Supplement of State Paperwork or Tambahan Lembaran Negara
(TLN) 3699);
2. 2004 Act Number 32 regarding Regional Government (LN Year 2004
Number 125, TLN 4437) as amended by 2005 Act No. 8 regarding
Assignment of Government Regulation in Lieu of 2005 Act No. 3
regarding Amendment of 2004 Act No. 32 regarding Regional
Government become Act (LN Year 2005 Number 108, TLN 4548);
3. 2007 Act Number 25 regarding capital Investment (LN Year 2004
No. 67, TLN 4724);
4. 2007 Act Number 26 regarding Spatial Planning (LN Year 2007
Number 68, TLN 4725);
5. 2009 Act Number 4 regarding Mineral and Coal Mining (LN Year
2009 Number 4, TLN 4959);
6. 1999 Government Regulation No. 27 regarding Environmental
Impact Assessment (LN Year 1999 Number 59, TLN 3838);

7. 2007 Government Regulation No. 38 regarding Affairs Distribution

between Central Government, Provincial Regional Government,
Regency/City Regional Government (LN Year 2007 Number 82, TLN
4737);
8. 2008 Government Regulation No. 26 regarding the National Area
Spatial Planning (LN Year 28, Number 48, TLN 4833);
9. 2010 Government Regulation No. 23 regarding the Implementation
of Mineral and Coal Mining Business Activities;
10. 2010 Government Regulation No. 24 regarding Forest Area
Utilization;
11. 2003 Central Borneo Provincial Regional Regulation No. 8
regarding RTRWP (Rencana Tata Ruang Wilayah or Area Spatial
Planning) of Central Borneo Province;
12. 2004 Regent of Gunung Mas Regulation No. 03 regarding the
General Mining Business (Regional Paperwork Year 2003 Number 3
Series B);
13. Decree of the Minister of Forestry of the Republic of Indonesia No.
SK. 488/Menhut/II/2011 regarding Borrowing Lisence of Forest Areas
Utilization for Gold Exploration Activities covering + 6.039 (six
thousand thirty-nine) hectares on behalf of PT.
on fixed
and conservatable production forest in regent of Gunung Mas Central
Borneo Province.
14. Gunung Mas Regency Decree No. 89/DPE/III/V/2011 dated May 30,
2011 regarding the approval of Mineral Exploration Mining Business
License Approval

DECIDING:
Assigning
FIRST

: MINING BUSINESS LICENSE PRODUCTION OPERATION APPROVAL

: Give Approval of Mining Business License (IUP) Production
Operation
to:
Name of Company:
Name of Directors / Commissioners:

Shareholders of the company

by listing
Value / percentage of shares:

Name of Shareholdera:

Occupation of shareholders:
Address:

SECOND

Mine Commodities:
IUP region:
Village:
Subdistricts:
Regency:
Province:
Region Code:
Size: 6.265 Hectares
With a map and a coordinate list of WIUP (Wilayah Izin usaha
Pertambangan or Mining Business License Area) published by
Regent of Gunung Mas as listed in Annex I and Annex II of this
Decree.

THIRD

: Validity Period of IUP Production Operation for 10 (ten) years

including construction period of 2 (two) years Starting from
February, 28 2012 until February 27, 2022.

FOURTH

: Production Operation IUP holder has the right to conduct

construction, production, processing and refining activities in WIUP
and conduct transportation and sales for a period of 10 (ten) years
and may continued two (2) times each ten (10) years.

FIFTH

: IUP holder is still obliged to fulfill the obligations that have not
been met as prior IUP holder.

SIXTH

: Production Operation IUP holders are not allowed to cooperate

and or transfer the ownership to another party without
Approval/Written permission from the regent of Gunung Mas.

SEVENTH

: Production Operation IUP holders is prohibited to conduct field

activities in forest areas before obtaining the Borrowing Lisence of
Forest Areas Utilization from the Ministry of Forestry Republic of
Indonesia.

EIGHTH

; as Production Operation IUP holders

in carrying out its activities have rights and obligations as listed in
Annex III in this Decree.

NINTH

: No later than 60 (sixty) working days after the issuance of this

decree Production Operation IUP holders already have to submit

TENTH

RKAB (Rencana Kerja Anggaran Biaya or Expenses Budget Work

Plan) to the Regent of Gunung Mas for approval.
: As from 90 (ninety) working days of RKAB approval referred to the
eighth dictum Production Operation IUP holders should have
started its activity in the field.

ELEVENTH

TWELFTH

: Without reduce the assignments of legislation law so the IUP

Production Operation can stopped temporarily, revoked, or
cancelled if IUP Production Operation do not meet the obligations
and prohibitions referred to the second, third, fourth, fifth, sixth,
seventh, eighth, and ninth dictum in this decree.
: With the enactment of this Decree, the regent of Gunung Mas
decree numbers: 89/DPE/III/V/2011 dated May 30, 2011 regarding
the Mining Business License Approval of Metal Mineral Exploration
on Behalf of
Kalteng is no longer valid.
: The Regent decree start valid on the date specified by the
provisions if it later turns out there is a mistake in provision
changes will be made as appropriate.

Is assigned in: Kuala Kurun

On: May 22, 2012
Regent of Gunung Mas,
HAMBIT BINTIH

CC:
1. The Minister of Energy and Mineral Resources
2. Minister of Finance
3. The General Secretary of the Ministry of Energy and Mineral Resources
4. The General Inspector of the Department of Energy and Mineral Resources
5. The General Director of Taxation, Ministry of Finance
6. The General Director of Treasury, Ministry of Finance

7. The General Director of Regional Revenue, Ministry of Home Affairs

8. The Governor of the Province of Central Borneo
9. Head of Legal and Public Relations/Head of Finance/ Head of Planning and
International Cooperation, General Secretary of the Ministry of Energy and
Mineral Resources
10. The Secretary of the General Directorate of Mineral, Coal and Geothermal
11. The Technical and Environmental Director of Mineral, Coal and Geothermal
12. Development Director of Mineral, Coal and Geothermal Program
13. Development Director of Mineral and Coal Business
14. Director of Land and Building Tax, Ministry of Finance
15. Head of Mining and Energy Agency of the Province of Central Borneo
16. Head of Mining and Energy Agency of Gunung Mas Regency
17. The Board of Directors I