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Southern Arc Minerals Inc V.SA.H

Alternate Symbol(s):  SARMF

Southern Arc Minerals Inc. is a Canada-based company. The Company is primarily engaged in the project generation and investments in mineral resource companies with a focus on gold and copper-gold. The Company operates through the acquisition and exploration of resource properties and investments segment. The Company has not generated any revenue.


TSXV:SA.H - Post by User

Bullboard Posts
Post by buyb4its2l82on Nov 30, 2014 11:45pm
172 Views
Post# 23179704

More PT Indotan. They are trying to get it done

More PT Indotan. They are trying to get it doneLink: https://sumbawabaratnews.com/?p=10647

By sumbawa2November 16, 2014

Target and Time PT Indotan Unclear

Taliwang - PT.Indotan legally have the authority to conduct mining activities in West Sumbawa regency (KSB), when seen from the mining business license (IUP) that had been bagged.

But with the IUP owned until now Indotan unclear when the goal (target) and timing (time) in conducting mining activities should mining companies will invest pure.

It remains unclear whether this company has financial enough to start its activities according to permit the exploitation stage was mainly doing.Precisely at this time, Indotan change its status from mining activity to plan the processing and refining of gold, it is marked by the construction of the processing machine in Labuan Balat
Taliwang.

On one hand, based on information from these media sources in the Department of Energy and Mineral Resources (ESDM) KSB, Indotan not pocketed special mining permit processing and refining.It is said that it is still in process.
Likewise, if the company wants to implement activities
mining, licensing requirements are also incomplete despite IUP, including not reporting a work plan and budget, as well as the work plan and the establishment of environmental governance mine inspector.

"For the Local Government should immediately take the policy to
clarify the status of Indotan whether mine or process, then IUP menambangnya jikamengolah should be revoked and Indotan should be asked to submit a special IUP if they want to cultivate, "said Benny
Tanaya, activists West Sumbawa Centre.
According to Benny, Sumbawa Barat Center with BAPPEDA KSB at the beginning
Indotan presence in West Sumbawa contribute mainly in the process
permission to help conduct studies soial.At that time he said, of the four points which made the study Bangkat Munteh, Lamuntet, Seloto and Lamunga, 90 percent of the local community to support mining activity Indotan.

"If you see now will do the processing conditions, means
Indotan deny the fact desires of the community, "said
Benny. (SBP-01)


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