Baru Gold Awaits Final Ministerial Approval for Sangihe Gold Project Production
Bitget2026/10/19 14:26- Baru Gold reported October 19, 2026, that production approval for its Sangihe gold project in Indonesia awaits the energy minister's signature.
- All application requirements have been met, with every reviewing committee recommending approval.
- Five civil lawsuits against alleged illegal mining operators and landowners seek CAD 74.58 million (IDR 951.44 billion) in damages.
- The claims comprise CAD 35.38 million for allegedly stolen mineral wealth and CAD 39.2 million for broader harm to the company.
- Several defendant landowners are discussing settlements involving land transfers; existing land holdings are sufficient to start production.
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