The Big Golden Handshake - Environment - magz.tempo.co

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The Big Golden Handshake

Monday, May 28, 2001

An Indonesian subsidiary of mining giant Rio Tinto has struck a landmark deal with a community in Kalimantan. Landmark, that is, if it works.

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It took plenty of talk to produce the new agreement between PT Kelian Equatorial Mining (KEM) and the Kelian community of East Kalimantan. In a few years the gold and silver mine KEM operates in West Kutai will close, but under this deal the Kelian people will finally get compensation for the damage inflicted on their lives by its highly profitable operations. It is one of the first such deals struck between Indonesia's mining sector and any loc

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