Bullboard - Stock Discussion Forum Baru Gold Corp V.BARU

Alternate Symbol(s): BARUF

Metals & Mining Gold

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

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TSXV:BARU - Post Discussion

Baru Gold Corp > Looks like Baru Gold wins

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Post by mrburns on Jan 09, 2023 12:46am

Looks like Baru Gold wins

https://betahita.id/news/detail/8321/ma-tolak-kasasi-warga-sangihe.html?v=1672888044

Indonesia Federal Court Rejects Appeal, and favors Baru Gold.

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Comment by mrburns on Jan 09, 2023 12:48am

Found on Yahoo finance https://www.openweb.com/share/2JxVHpbG8M52KEkfaV0EiRdl9nl

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Comment by goldnerd on Jan 16, 2023 5:07pm

Looks like your joy was pre-mature, mate. Your information is outdated. On January 12th, 2023 the Indonesian Supreme Court in its decision 140/B/2022/PT.TUN.JAK canceled Baru Gold's mining business permit. Automatically all related permits - including the environmental permit - forfeit, too. This ruling is final. https://www.change.org/p/jokowi-sangihe-pulau-yang-indah-kami-tolak-tambang ...more

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Comment by 000Kam on Jan 16, 2023 8:34pm

140/B/2022/PT.TUNJAK, Look like a petition in 2022 Traduction from Javanais The Supreme Court has approved the Sangihe community's lawsuit against the Ministry of Energy and Mineral Resources and also PT.TMS Gold Mining Company in its entirety. This means that all the attached licenses including the Permit granted by the regional government (Environmental Permit) are no longer valid. We firmly ...more

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