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Stock impact report

Nickel Mining Threatens Indonesia Coral Haven, NGOs Warn [Barron's]

Geopark Ltd Common Shares (GPRK) 
US:NYSE Investor Relations: geo-park.com/en/investor-support
Company Research Source: Barrons
Analysis of recent and historic mining in the region showed a "domino effect of destruction," ranging from deforestation on land to sediment run-off smothering coral reefs, the report by NGOs Auriga Nusantara and Earth Insight said. Advertisement - Scroll to Continue "Post-mining rehabilitation is very poor," Auriga Nusantara executive director Timer Manurung told AFP. "We worry that the current nickel mining will impact Raja Ampat for decades to come." Raja Ampat is part of the famed Coral Triangle, beloved by divers for its marine riches. In June, Indonesia's government revoked permits for four of the five nickel mining companies operating in the cluster of islands and shoals in Southwest Papua Province. Indonesia's government revoked permits for four of the five nickel mining companies operating in the cluster of islands and shoals in southwest Papua province Photo: Handout That followed an outcry from activists and residents over the impact of mining for the metal u Show less Read more
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