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Indonesia

PT Gorontalo Minerals Project

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PT Gorontalo Minerals Project

Location: 4 km E from Gorontalo, Indonesia

Project Contacts:

Bakrie Tower, 10th Floor Kompleks Rasuna Epicentrum Jl. H.R. Rasuna Said, Kuningan
Jakarta
Indonesia
12940

Contacts:

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Categories

Summary

Mine TypeOpen Pit
StageConstruction
Commodities
  • Copper
  • Gold
  • Silver
Mining Method
  • Truck & Shovel / Loader
Mine Life... Lock
SnapshotPT 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.

The Production Operation Permit from the Ministry of Energy and Mineral Resources (ESDM) has been received by PT Gorontalo Minerals (GM) in 2019. The permit grants a construction period of 3 years and a production operation period of 30 years until December 31, 2052.

On December 20, 2021, GM and ADPRO entered into Construction Contract For Mining Support Infrastructure of Copper and Gold Project for the purpose to develop supporting infrastructure of gold and copper processing plant in Gorontalo. On September 20, 2022, GM and ADPRO entered into Engineering Design and Mine Infrastructure Construction Contract in Sungai Mak Prospect with the purpose of development mine infrastructure in GM.

Owners

SourceSource
CompanyInterestOwnership
PT Aneka Tambang (Antam) 20 % Indirect
PT Bumi Resources Tbk. 80 % Indirect
PT Gorontalo Minerals (operator) 100 % Direct
PT Bumi Resources Minerals Tbk. holds 80% in PT Gorontalo Minerals. PT Aneka Tambang Tbk (ANTM) owns 20% of PT Gorontalo Minerals.

As of December 31, 2023, PT Bumi Resources owns 22,09% of PT Bumi Resources Minerals Tbk.

SourceSource

Deposit type

  • Porphyry

Summary:

Reserves

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Mining Methods

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Heavy Mobile Equipment

Fleet data has not been reported.

Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

Summary:

Commodity Production

Operational metrics

Metrics
Annual processing capacity  ....  Subscribe
* According to 2021 study.

Production Costs

CommodityUnitsAverage
Assumed price Copper USD 2.5 / lb *  
* According to 2019 study / presentation.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Jul 30, 2024
....................... Subscription required ....................... Subscription required Subscription required Jul 30, 2024

Workforce

EmployeesYear
...... Subscription required 2020

Aerial view:

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