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Protests Push Indonesian Government to Cancel Nickel Mining Licenses in Raja Ampat

Indonesia, the top producer of nickel in the world, has revoked the mining permits of four companies that had been cleared to conduct operations within Raja Ampat in the east of Papua. The revocation was communicated by the energy minister.

For companies like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) that have opted to conduct their exploration and mine development activities in South Africa, no such conflicts are likely…

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