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20 January 2010 at 12:10 IST
FGH to run Sulawesi gold mine
KENDARI (Commodity Online) : Indonesia’s Southeast Sulawesi Province and South Korea’s leading miner, Future Green Human (FGH Group), signed a cooperation deal on natural resources management, especially in the mining sector.
The provincial government said it welcomed the Korean investors in natural resources management, especially in the gold mine in Bombana regency.
It said the Korean company will not only run the gold mine, but will also build a factory, and even a power plant with a capacity of 50-100 megawatts to supply electricity for the local population and the factory.
FGH Group said it would be able to assess the value of the project after conducting a research of the gold mines in Bombana.
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