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Nusantara clears regulatory hurdle

Revised contract of work signed with Indonesian government

Haydn Black
Nusantara's Awak Mas camp.

Nusantara's Awak Mas camp.

Under the new contract it is required to divest a controlling 51% stake in the contract to Indonesian participants "at fair market value" by the 10th year of commercial development, which is not expected...

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