Ternate (ANTARA News) - Investors from China and Australia were interested in developing the gold mine in North Halmahera regency, North Maluku.
Head of the North Halmahera mining and energy agency Aser Tidore said here Monday that the Chinese investor was interested in developing the goldmine in Galela Barat, while the Australian investor wished to develop the goldmine in Kao.
The Chinese investor planned to start the mining activities in Galela Barat in mid-2010, and his Australian counterpart has yet to set the date when to start.
The two investors must not follow the example of PT Nusa Halmahera Minerals (NHM), a goldmining company which had been operating in North Hamahaera since the end of the 1990s, which appeared to be rather reluctant to contribute maximally to the people of the area.
(*)
Two foreign investors to develop goldmines in North Halmahera
COPYRIGHT © 2010
Top Stories
- SBY correct in quickly announcing Dulmatin`s death : Golkar
- Indonesia, Netherlands agree to Boost trade, investment relations
- Democrat Party defends Yudhoyono`s announcement in Australia
- Terrorist activities no problem to Obama`s visit to Indonesia
- News focus: challenges in Yudhoyono`s visit to Australia
- BI maintains key rate at 6.5 pct
- Bullock wins best actress Oscar for "Blind Side"
















