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Southern Arc Minerals Inc V.SA.H

Alternate Symbol(s):  SARMF

Southern Arc Minerals Inc. is a Canada-based investment vehicle considering potential opportunities in all industries. The Company has not generated revenue from its operations.


TSXV:SA.H - Post by User

Bullboard Posts
Post by buyb4its2l82on Dec 06, 2012 7:22pm
199 Views
Post# 20695455

For those that are interested

For those that are interested

Not sure exactly what this means, but I am sure it has nothing to do with exploration. I can't wait to find out what SA will find in their report come December 14. Lombok being their flagship property I am sure SA is focused on getting back to drilling soon. I read an article yesterday that quoted a Government official as stating that he thanked the mining resource industry for helping support tourism ( the article was in dated November 2012). I should of posted that article. I think it was in relation to Lombok and Sumbawa. Sometimes small bites are clues. What support could the mining industry provide for the tourism industry? I know the illegal miners could help tourism by stopping their polluting. Perhaps they are supporting them financially. Cheers.

"Minister of Forestry Regulation No. P.38/Menhut-II/2012 dated October 2, 2012, amends Minister of Forestry Regulation No. P.18/Menhut-II/2011 on guidelines on the borrow-use of forested areas. The articles amended include Article 4, which sets out development purposes not relevant to forestry activities that are referred to in the regulation. The use of forested areas for such purposes is only allowed for activities that have an inevitable strategic purpose. Some new articles are also added, among others, Article 10A, which determines that the coverage of a forested area borrow-use permit for mining production activities is given gradually to the applicant. However, this does not apply to applicants who already have mining contracts with the Government. Article 41 was amended to provide that permits or agreements on the borrow-use of forested area issued prior to the issuance of Government Regulation No. 24 of 2010 regarding the utilization of forested areas remain valid until their expiry date.

Minister of Forestry Regulation No. P.41/Menhut-II/2012 dated October 18, 2012, amends Minister of Forestry Regulation No. P.32/Menhut-II/2010 regarding forest area swaps. The regulation amends the list of developments considered as permanent developments irrelevant to forestry activities as provided in Article 4. Article 5 is also amended to provide that the ratio of forest area swaps should be stipulated based on research by an Integrated Team or Forest Area Swap Team, taking into account economics, ecology and social values. Finally, Article 6, which sets out the requirements for the replacement of land, is also amended."

Link: https://blog.ssek.com/wp-content/uploads/2012/12/Legal-Alert_November_2012.pdf

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