Following successful completion and submission of appropriate documentation, approval for mining at Barani and Ramba Joring pits is issued by the Indonesian Government in March 2016. Mining at the Barani pit commences. G-Resources as the main shareholder of PT Agincourt Resourcesis replaced by a consortium comprising EMR Capital, a specialist mining private equity fund, Farallon Capital, a global financial investor, and Robert Hartono & Michael Bambang Hartono.

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