New Regulation on Mining Supervision

The Government recently issued the implementing regulation on mining supervision under the 2009 Mining Law ("Regulation 55"), which regulates supervision, consultation and guidance on mining activities. The content of Regulation 55 is somewhat generic and procedural, but it essentially governs supervision over several aspects of mining activities, including: (i) mining technicalities; (ii) marketing; (iii) financing; (iv) environmental management and post-mining activities; (iv) coal and mineral resources conservation; and (vi) coal and mineral data processing. Supervision will be conducted periodically, through evaluation of the license holders' activities report and business plan, as well as site inspection on a periodic and spot basis.