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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 Nov 14, 2014 8:44pm
114 Views
Post# 23131688

20 exploitation maybe, but they have yet to start anything

20 exploitation maybe, but they have yet to start anythingLink: https://kabarntb.com/?p=2541

Goal and Timing PT Indotan Unclear

Posted by:On:

Taliwang, KabarNTB - PT. Indotan legally have the authority to conduct mining activities in West Sumbawa, when seen from the mining business license (IUP) that had been bagged.
But with the IUP held until now Indotan unclear when the goal (target) and the timing (time) in conducting mining activities should mining companies will invest pure.
It remains unclear whether the company has sufficient financial activities according permission to start earlier stages exploitasi.Kini mainly doing it Indotan change its status from mining activities to plan the processing and refining of gold, it is characterized by the construction of the processing machine in Labuan Balat Taliwang.
In order to perform activities of processing and refining of gold itself, until now Indotan through these media sources in the Department of Energy and Mineral Resources (ESDM) BCC has not pocketed special mining permit processing and refining, said the case is still in process.
The same thing happens, if the company is openly willing to conduct mining activities, is based on information compiled this media Indotan until now also have not met the requirements despite IUP, which have never reported a work plan and budget, as well as the work plan of the environmental governance and the establishment of a mine inspector.
Looking at this issue, West Sumbawa Center through Benny Tanaya asks West Sumbawa regency government to clarify the status of Indotan, whether to conduct mining or processing and refining of gold.
"The government must immediately clarify the status of the policy take Indotan whether to mine or process, if the process should be revoked menambangnya IUP and IUP Indotan immediately ask specifically if they want to process," said Benny.
According to Benny, West Sumbawa BAPPEDA KSB Center with the beginning of the existence of Indotan in West Sumbawa contribute mainly in the form of a permit process to help conduct a study social.Dimana at that time he thought of the four points that made the study Bangkat Munteh, Lamuntet, Seloto and Lamunga 90 percent of the local community to support mining activities Indotan.
"If the condition is now doing the processing means Indotan society wishes to deny the facts," said Benny. (KN-01)
Bullboard Posts