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Bullboard - Stock Discussion Forum Baru Gold Corp V.BARU

Alternate Symbol(s):  BARUF

Baru Gold Corp. is a Canada-based mineral resource exploration company. The Company is focused on developing and producing precious metals projects in Indonesia. The Company’s focus is on developing precious metals projects with significant resource upside potential and near-term production capabilities. The Company’s Sangihe Gold project mineral tenement consists of one block covering the... see more

TSXV:BARU - Post Discussion

Baru Gold Corp > BARU.v - mining activities allowed on small island
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Post by brodeur on Oct 28, 2023 11:13pm

BARU.v - mining activities allowed on small island

Saw this article on the ceo board.
Despite attempts to bring "the small island" law to the forefront in asking the courts and ministry to prevent Baru from mining, this article from the Constitutional Court of the Republic of Indonesia says in numerous places throughout the article the following: 

"the Management of Coastal Zones and Small Islands still allows for mining activities as long as all statutory regulations aimed at preserving the environment of small islands are still"
 

thus what else is there other than just continuous lawsuit attempts. This already says mining is possible on small islands. Enough said. Rest is just noise.

https://en.mkri.id/news/details/2023-10-18/Govt_Has_Good_Control_over_Small-Island_Mining#:~:text=1%20of%202014%20on%20the,energy%20resources%20in%20those%20islands

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