Martabe gold mine to restart in middle of May


A worker walks across an operational area at the Martabe gold mine located in the Batang Toru district of South Tapanuli, North Sumatra. (JP/Ruth Dea Juwita)

JAKARTA: Local heavy machinery firm United Tractors says its mining subsidiary Agincourt Resources will resume operations at the Martabe gold mine in mid-May.

It halted production earlier this year due to a regulatory crackdown.

The decision comes after the Environment Ministry issued in March its long-awaited approval for restarting the mine under tighter oversight.

The suspension was part of a broader government crackdown on mines with outstanding environmental compliance issues.

That followed the deadly Sumatra disaster in November, when flash floods and landslides swept across three northern provinces, including North Sumatra, where the Martabe mine is located.

United Tractors president director Iwan Hadiantoro said the company welcomed the ministry’s decision and was now working to meet all remaining requirements.

“To reopen the mine, there are many aspects that we must prepare.

“We hope that while preparing this and awaiting the paperwork’s issuance, perhaps by mid-May we can resume operations,” Iwan said in Jakarta. — The Jakarta Post/ANN

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
United Tractors , Agincourt , Martabe , mining

Next In Business News

Trading ideas: IOIPG, Genting, MRCB, LCTitan, ES Sunlogy, NTPM, Mudajaya, Varia, Destini, A1, Dnex, Tanco
Wall Street closes slightly down on renewed tensions between US, Iran
Foreign worker policy shift to aid Manforce recovery
IEA: Increase in renewable energy curbs 2025 emissions
Exsim Hospitality job wins beat expectations
Siemens warns EU over restrictive rules�
Latest DC job win shores up Gamuda’s outlook
SunCon on track to achieve order-book target
Is it time to abandon hope the Strait of Hormuz will open soon?
Inflation pressures to build as conflict drives up costs

Others Also Read