Some news from the Indonesian perspective...
ECONOMIC NEWS
Busang Test Result Announce on Monday
Busang test result of due diligence is ready to be announced later on Monday (5/5) in Jakarta and Toronto. Whereas, the consorsium: Freeport McMoran, Nusamba, and the government do not receive the initial report, it is guaranteed that there is not deviation on the report.
Busang consortium spokeswomen, Nia Sarinastiti, yesterday told Media that the report from the laboratoriums in Kalimantan, Indonesia, Australia, and Canada would be completed tomorrow on Friday, May, 5th. Then, Strathcona Mineral Services would conduct cross-check test to the three reports.
Strathcona, an independent mining consultant hired by Bre-X will convey the cross-check test to Bre-X's company in Canada on the coming Friday night. Bre-X will announce its test result in Toronto, at the same time in Indonesia, Monday. "The report is believable although
other consortium does not know the previous report from Strathcona. Because Strathcona is an independent institution. Thus, if Strathcona reports to Bre-X earlier, it is because Bre-X that hires the institution," Nia said. Media Indonesia, Harian Ekonomi Neraca, The Jakarta Post, and The Indonesia Times report.
Brad |
