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Bullboard - Stock Discussion Forum Baru Gold Corp V.BARU

Alternate Symbol(s):  BARUF

Baru Gold Corp. is a Canada-based junior gold developer with NI 43-101 gold resources in Indonesia. 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... see more

TSXV:BARU - Post Discussion

Baru Gold Corp > FROM A FRIEND AT CEO.CA
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Post by WellyPop on Jul 02, 2021 9:14am

FROM A FRIEND AT CEO.CA

https://translate.google.com/translate?hl=&sl=id&tl=en&u=https%3A%2F%2Fwww.reqnews.com%2Fnews%2F35608%2Fwarga-sangihe-vs-menteri-esdm-begini-gugatan-70-miliar-terkait-izin-tambang-emas-pt-tms

Residents of Sangihe vs Minister of Energy and Mineral Resources, Here's the 70 Billion Lawsuit Regarding PT TMS Gold Mining Permit

Friday, 02 July 2021 – 17:48 WIB

Sangihe Mine (Photo: Special)

Sangihe Mine (Photo: Special)

JAKARTA, REQnews -  A housewife from Sangihe sued the Minister of Energy and Mineral Resources of the Republic of Indonesia (ESDM) for Rp. 70 billion over the Sangihe mine on Wednesday, June 23, 2021.

Elbi Pieter's lawsuit is related to a 42-hectare gold mining permit from the Ministry of Energy and Mineral Resources for PT Tambang Mas Sangihe in January 2021.

 

"Every day I am afraid, we people here are generally afraid, because maybe we will be moved from this place, sir," said Elbi Pieter, a resident of Sangihe in the narrative as quoted by REQnews.com Friday, July 2, 2021.

This mining permit also has the potential to displace residents around the mine

 

It is known, mining on one of the outer islands will only damage the ecosystem. In their petition, Elbi cs asked the panel of judges to grant the four main claims.

First, to declare the cancellation of the Decree of the Minister of Energy and Mineral Resources Number: 163.K/MB.04/DJB/2021 dated January 29, 2021, concerning the Approval to Increase the Production Operation Stage of the Contract of Work of PT Tambang Mas Sangihe.

Second, it is stated that the issuance of approval for the increase in the production operation stage of PT Tambang Mas Sangihe's contract of work is a violation of the law by the authorities (onrechtmatige overheidsdaad).

Third, requiring the Minister of Energy and Mineral Resources to revoke the Defendant's Decree, namely the Decree of the Minister of Energy and Mineral Resources Number: 163.K/MB.04/DJB/2021 dated January 29, 2021, concerning the Approval to Increase the Production Operation Stage of the Contract of Work of PT Tambang Mas Sangihe.

Fourth, to punish the defendant to pay material losses in the amount of Rp. 1.51 billion and immaterial losses of Rp. 70 billion which must be paid at once and immediately to the plaintiffs.

 

Meanwhile, the Director General of Mineral and Coal ESDM said that his party was evaluating the mining contract.

To note, the polemic against PT TMS's production operations in the Sangihe Islands, North Sulawesi, has yet to come to a conclusion.

Before he died, the late Deputy Regent of Sangihe North Sulawesi Helmud Hontong had sent a rejection letter to the Ministry of Energy and Mineral Resources.

However, the Ministry of Energy and Mineral Resources through the Head of the Mineral and Coal Information Working Group (Minerba) of the Ministry of Energy and Mineral Resources Sony Heru Prasetyo said that gold mining in the Sangihe Islands did not violate the rules. Not only that, mining activities in the area have also received the blessing of the Governor of North Sulawesi Olly Dondokambey.


The letter issued by the Minister of Energy and Mineral Resources number 163.K/MB.04/DJB/2021 in January 2021 was in accordance with the environmental permit from the North Sulawesi Provincial Government.

PT Tambang Mas Sangihe itself is a subsidiary of Baru Gold Corp, a Canadian company formerly known as East Asia Minerals. According to the company's official website, Baru Gold Corp. is a Canadian public mineral resource exploration company that focuses on developing precious metal production projects in Indonesia.

 

Comment by WellyPop on Jul 02, 2021 9:48am
the last PARAGRAPH :  The letter issued by the Minister of Energy and Mineral Resources number 163.K/MB.04/DJB/2021 in January 2021 was in accordance with the environmental permit from the North Sulawesi Provincial Government. PT Tambang Mas Sangihe itself is a subsidiary of Baru Gold Corp, a Canadian company formerly known as East Asia Minerals. According to the company's ...more  
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