Illegal grabbing of farms and natural resources in Zimbabwe has been emulated in Indonesia where peasants are poaching gold from at least one Australian mining company.
In spite of adverse El Nino climatic conditions affecting its Mt Muro mining operations in Indonesia, Aurora Gold Limited reported a net profit $14.5 million from silver and gold sales for the fiscal year ended December 31.
Perth-based Aurora Gold Limited’s Mt Muro gold and silver mine in Indonesia overcame another year of climatic extremes to post a lower $14.5 million operating profit.
30 Mar 1999
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