temporary suspension of mining at mt muro

TEMPORARY SUSPENSION OF MINING AT MT MURO
Straits Resources Limited (ASX: SRQ) advises that it has temporarily suspended mining activities at its
Mt Muro operations in Indonesia in response to a directive from the Provincial Governor of Central
Kalimantan. The Mt Muro mill will continue to operate, treating stockpiled ore.
While Straits Resources does not agree with the legal basis of the directive the company has chosen
to voluntarily cease mining activities, on a short term basis, in a sign of good faith while the company
seeks to address the matters raised in the directive.
Managing Director of Straits Resources, Andre Labuschagne said “It is extremely disappointing that
this type of action is occurring as it disrupts the continuity of production during a critical period as we
ramp-up production. It also has a flow-on financial effect in the local community surrounding the Mt
Muro operations, as we will be standing down some of our workforce, during this period.”
“Importantly, Straits Resources has secure tenure over its mining leases through its 3rd generation
Contract of Work (CoW). The directive does not have any impact on either the validity or the
continuation of the CoW.”
For further information, please contact:
Mr. Andre Labuschagne – Managing Director
Tel: +61 439 530 935, or visit our website at ww