The state miner warned it would "assert its rights" in Barrick Gold's acquisition of Rangold's stake in the Kibali mine, but did not provide details of its plans.
The planned campus would include about 170,000 square feet of office space, a 20,000-square-foot museum and training building, and 410,000 square feet of manufacturing space
Agreements give a majority stake in the giant Grasberg copper and gold mine to a local state-owned firm, becoming the country’s biggest divestment by a foreign resources company.
The illegal action saw a group of locals spend seven days blocking the only access to the mine in protest for what they call “repetitive abuse” to community members and increasing pollution of their land and only water source.
The Vancouver-based miner said it has signed a non-exclusive letter of interest to form a JV with an undisclosed local company on claims where manganese mineralization has been proven.
