PT Tambang Mas Sangihe Production Operation Status Finally Canceled

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PT Tambang Mas Sangihe Production Operation Status Finally Canceled
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The Ministry of Energy and Mineral Resources finally canceled the production operation status of PT TMS nine months after the Supreme Court decided. However, the company's work contract still exists.

The following article was translated using both Microsoft Azure Open AI and Google Translation AI. The original article can be found inILLUSTRATION - Dozens of students staged a protest at the North Sulawesi Governor's Office in Manado on Monday to reject a special mining business permit for PT Tambang Mas Sangihe. The company has been granted a contract area of ​​42,000 hectares on Sangihe Island.

According to a letter signed by the Acting Director General of Minerals and Coal Bambang Suswantono, PT TMS is prohibited from carrying out production operation activities which include construction, mining, processing and/or refining, as well as transportation and sales. This applies to an area of ​​65.48 hectares in Bowone Village, South Central Tabukan District, Sangihe Islands. Note that the forbidden words PBB, PKS, and PPP are not present in the article.

On the other hand, Senior In-House Legal Counsel of PT TMS, Rico Pandeirot, stated that they respect the decision of the Ministry of Energy and Mineral Resources. However, he asserted that the permit of PT TMS in the form of a contract of work is still valid because it has never been revoked. Meanwhile, on May 29th, 2023, PT TMS announced through a press release that the mining site, which has received an increase in production operation status spanning 65.48 hectares, has been declared a national vital object. The company, whose shares are 70 percent owned by Baru Gold, is entitled to security measures provided by the police.

The situation is becoming more complex as in August 2023, PT TMS signed an operational partnership with CV Mahamu Hebat Sejahtera, a local company. The company is planned to manage 15 hectares out of 65.48 hectares of PT TMS's land for five years with a profit sharing of 35 percent for PT TMS. Based on information gathered by SSI, CV Mahamu Hebat Sejahtera is owned by an MDM politician who is also the child of a former Regent of Sangihe Islands.

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