The Jakarta Post
PT Agincourt Resources, a subsidiary of the Hong Kong-listed gold producer G-Resources Group Ltd., has announced that it would temporarily stop the operation of its Martabe gold mine in North Sumatra following an ongoing dispute with local residents over the firm’s waste management.
G-Resources president director Peter Geoffrey said the protracted row over the installation of liquid waste pipes with the regional government had affected operations in Martabe.
“The firm has no choice but to save every dollar we have so that we will be able to start the gold mine all over again as soon as the problem is solved,” he said in an email statement to The Jakarta Post.
According to Geoffrey, under the Environmental Impact Analysis (Amdal) that was issued by the South Tapanuli regent on March 13, 2008, Agincourt’s waste management system had gone through an intensive f...