Overview
Stage | Production |
Mine Type | Open Pit |
Commodities |
|
Mining Method |
|
Mine Life | 2052 |
PT Gorontalo Minerals (GM) each signed a Contract of Work (CoW) with the Government of Indonesia (GOI). In accordance with the CoW, the GOI designated GM as the sole Contractor and conferred exclusive rights to explore, mine, as well as process and market all minerals existing in the CoW area.
GM’s CoW is currently in the Production Operation Stage. |
Source:
p. 31,84
PT Bumi Resources Minerals Tbk. holds 80% in PT Gorontalo Minerals.
Composition of the PT Bumi Resources Minerals Shareholders:
- PT Bumi Resources Tbk - 22.07%;
- Wexler Capital Pte. Ltd. - 8.91%;
- 1st Financial Company Limited - 11.04%;
- Emirates Tarian Global Ventures SPC - 22.25%;
- Sugiman - 6.49%
- CIMB Securities Limited - 5.13%;
- Shareholder group with less than 5% shares - 24.11%.
Contractors
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Reserves at December 31, 2012:
Cut-off grades were 0.2, 0.3, 0.5 g/t Au depending on deposit and 0.2% Cu.
The Mineral Reserves and Resources as at 31th December 2022 at PT Gorontalo Minerals are unchanged from December 12, 2012.
Mineral Resources are reported inclusive of Mineral Reserves.
Category | Tonnage | Commodity | Grade | Contained Metal |
Proven & Probable
|
105.4 Mt
|
Copper
|
0.7 %
|
613 kt
|
Proven & Probable
|
105.4 Mt
|
Gold
|
0.33 g/t
|
759 koz
|
Proven & Probable
|
105.4 Mt
|
Silver
|
1.62 g/t
|
4,283 koz
|
Total Resource
|
392.3 Mt
|
Copper
|
0.49 %
|
|
Total Resource
|
392.3 Mt
|
Gold
|
0.43 g/t
|
|
Total Resource
|
392.3 Mt
|
Silver
|
1.65 g/t
|
|
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