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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 > Baru.v - Minister of energy/mines | owner gold mine
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Post by brodeur on Sep 01, 2024 9:52am

Baru.v - Minister of energy/mines | owner gold mine

Per the article, the recently appointed minister of energy and mines was put in place to work with the new president effective 20 Oct 2024. 

Bahlil Lahadalia was a businessman in mines, who has since resigned from company positions to mitigate conflict of interest. No better person than a previous gold miner and knows what that means.

The existing government has also revoked thousands of unused permits amongst other reasons, which suggests in my opinion their wish to get economic develop going for what the permits were issued and intended for. 

Local TMS should take advantage of such governmental policies to contribute to economic activity. There's more chances now on getting permitting with incoming government. 

https://www.reuters.com/world/asia-pacific/outgoing-indonesia-president-name-new-energy-investment-ministers-2024-08-19/
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