Baru Gold Corp
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Company Description
- CEO
- Terrence Kirk Filbert
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 1021 West Hastings Street Vancouver BC Canada V6E 03C
- IPO Date
- Apr 23, 2001
- Website
- barugold.com
- Similar Companies
- Business
- Baru Gold Corporation (TSX-V: BARU) is a Canadian junior mineral exploration and development company focused on advancing precious metals projects in Indonesia; it holds a 70% interest in the flagship Sangihe gold-silver project spanning 42,000 hectares on Sangihe Island and maintains interests in the Miwah gold project covering 30,000 hectares in Aceh Province. The company targets near-term production from oxide resources at Sangihe, which contain 266,000 ounces of gold including near-surface material suitable for heap leach operations; its development pipeline emphasizes scalable electrowinning elution column plants capable of initial output supporting 1,500 ounces of gold per month with modular expansion potential to 3,000 ounces, alongside exploration for resource upside through drilling programs. Founded in 1996 and headquartered at 1021 West Hastings Street, 9th Floor, Vancouver, British Columbia, Canada V6E 0C3, Baru operates exclusively in Indonesia's resource-rich regions between Sulawesi and the Philippines, serving institutional investors and leveraging local partnerships for production readiness. Formerly East Asia Minerals Corporation, which rebranded in October 2020, the company has pursued aggressive advancement of Sangihe toward operations, including a binding preliminary collaboration agreement in May 2025 with Quantum Metal Thailand Co., Ltd. (rebranded Quantum X Aurum Group in September 2025) for up to US$100 million in funding; exclusive negotiations solidified in July 2025 following a $1 million CAD private placement milestone, complemented by September 2025 tender awards for automated gold production plant construction, establishment of a regional logistics hub in October 2025, and board additions in November 2025 to support production timelines.
Company News
Baru Gold Provides Update on Sangihe Project Approval and Legal Action Against Illegal Mining Operators and Landowners
Baru Gold Completes Private Placement
Baru Gold Announces Shares for Debt Transaction
Baru Gold Completes Private Placement
Baru Gold Announces Private Placement Increase
Baru Gold Announces Private Placement
Baru Gold Updates Shareholders on Approval for Production Operations
Baru Gold Grants Restricted Share Units
Baru Gold Advances Towards Production Approval and Begins Fabrication of Automated Gold Production Plant
Baru Gold Corp. Announces Amendment to Warrant Terms
Baru Gold Announces Appointment of Brigadier General (Ret.) Rudolf Samuel Warouw as Commissioner
Baru Gold Announces Addition to the Board and Grants Options
Baru Gold Announces Board Change and Grants Options
Baru Gold Completes Area Survey in Preparation of Production Plant Construction & Drill Program
Baru Gold Establishes Regional Logistics Hub to Support Production Operations on Sangihe
Baru Gold's Role in Environmental Monitoring Highlighted on Sangihe Island
Baru Gold Advances Production Readiness -- Designs, Prepares for Construction of Automated Gold Production Plant
Baru Gold US$100 Million Funding Relationship Strengthed by QXA Rebranding
Baru Gold Identifies Antimony in Resource Area
Baru Gold Grants Share Options