INDONESIA - Inferred resource estimate for West Lombok

Southern Arc Minerals has received a NI 43-101-compliant resource estimate for its flagship West Lombok property. Company officials say the report by SRK Consulting Canada confirms the company’s model for a multi-pit project.  1

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INDONESIA - Intrepid survives coup attempt

ASX-listed Intrepid Mines has survived an attempted coup by a Hong Kong private equity group with shareholders backing their board to continue its concerted efforts to confirm Intrepid’s 80% interest in the rich Tujuh Bukit Copper-Gold Project.  1

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INDONESIA - Open-pit operations resume at Grasberg

Freeport McMoRan Copper & Gold subsidiary PT Freeport Indonesia has resumed operations at the Grasberg open-pit copper-gold mine and concentrator after a tunnel collapse at an underground training facility in the Big Gossan area on May 14 killed 28 workers. The accident is one of the worst in Indonesia’s history and resulted in the operation being shut down.  1

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