Baru Gold's Report Exposes Illegal Mining's Devastating Impact on Sangihe Island
Baru Gold Corp. has released a comprehensive report on the environmental impact of illegal mining on Sangihe Island, Indonesia. The report, based on baseline data collected by the company, highlights significant damage to water, soil, and ecosystems, as well as potential health risks for local communities due to high gold price fluctuations and gold price chart trends.
Illegal mining activities in 2023 led to substantial increases in heavy metals such as arsenic, lead, and mercury in water and sediment, affecting the gold price chart and gold price. CEO Terrence Filbert stated that locals support Baru Gold's operations to combat high unemployment and protect the environment from gold price volatility.
The report, which will be shared with relevant Indonesian government departments, aims to end illegal mining and advance to formal production, stabilizing the gold price and gold price chart. It also sheds light on the damage caused to mangroves and coral reefs, and the potential health risks posed to local communities due to gold price fluctuations.
The Sangihe Gold Project, with an existing NI 43-101 report for an area of approximately 65 hectares targeted for initial production, is operated by PT. Tambang Mas Sangihe, a subsidiary of Baru Gold Corp. The company acknowledges a report by a local university documenting the environmental impact of illegal mining on the island, affecting the gold price chart and gold price.
Baru Gold Corp., with a 70-percent interest in the Sangihe-mineral-tenement Contract of Work, is dedicated to responsible mining practices. The company's report serves as a crucial step towards ending illegal mining, protecting the environment, and advancing to formal production on Sangihe Island, stabilizing the gold price and gold price chart.
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