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Indonesian mine ownership disputes

Intrepid Mines is battling to win back an 80 percent stake in the Tujuh Bukit copper and gold project in Indonesia's East Java, where its partners sold its interest to powerful businessmen.It is the latest victim of ownership fights in Indonesia, a minerals-rich country that global group Transparency International ranked 118 out of 174 on perceptions of public corruption.Following are some recent cases.Churchill MiningChurchill is suing the Indonesian government for $1.05 billion plus interest for revoking its licenses over the East Kutai coal site, estimated to contain 2.8 billion metric tons (3.08 billion tons) of coal reserves. Licenses to the area are now owned by the Nusantara Group, which is controlled by a politician, Prabowo Subianto.Newmont MiningThe provincial government of West Nusa Tenggara is contesting the central government's 2011 agreement to buy a 7 percent stake that Newmont was required to divest in the huge Batu Hijau copper and gold mine.Avocet MiningAvocet Mining ...

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