Overview
Stage | Production |
Mine Type | Open Pit |
Commodities |
|
Mining Method |
|
Production Start | ...  |
Mine Life | 13 years (as of Jan 1, 2021) |
The construction of ReCYN and vertimill facility or Martabe Mill Capacity Expansion, as key operational strategic projects in 2021 has been completed, operated and contribute to the operational. |
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PT Agincourt Resources (PTAR) is an Indonesian mining company engaged in gold and silver exploration, mining and processing. The Martabe Gold Mine in North Sumatra is the company’s sole operating location. The company’s operations are managed from Jakarta.
Contractors
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Summary:
There are six defined mineral deposits at the Martabe Gold Mine. These deposits are of a type known as high sulphidation epithermal deposits and comprise part of a large-scale mineralised district which has the potential to host further gold and gold-copper deposits.
Summary:
The Martabe Gold Mine is located in North Sumatra and consists of multiple open-cut pits and a conventional processing plant for gold and silver bullion production. Operations began in 2012 and since developed a reputation as an industry-leading example of excellence regarding safety, sustainability, and production processes.
The Martabe Gold Mine utilises the ‘open pit’ method of gold and silver mining, where the pits are kept shallow due to the hilly topography. Three pits are currently operational: the Ramba Joring Pit, the Barani Pit and the Purnama Pit, which began operations in 2018, 2016 and 2011 respectively.
Mining operations are located in an elevated hilly area bordering the Batangtoru Forest. The support facilities for the mine are mostly located in a lowland area adjacent to the trans-Sumatera highway. The surrounding area includes native forest, rubber and oil palm plantations and rice paddies, with nearby rural villages and townships.
Ore is mined from shallow pits of the mineral-rich hills of the Martabe Gold Mine. In 2018, mining at the Tor Ulu Ala deposit was approved. Waste rock or overburden from the pits is placed in the Tailings Storage Facility (TSF) embankment rather than in waste dumps as is the case in most other mines.
During 2022, Macmahon has commenced the construction of the new tailings dam at the Martabe Gold Mine.
Ramba Joring Pit
Due to its hilly topography and mineral resources, the Ramba Joring pit is divided into th ........

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Summary:

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Production:
Commodity | Units | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
Gold
|
oz
| ......  | ......  | ......  | 410,387 | 355,377 | 310,550 |
Silver
|
oz
| ......  | ......  | ......  | ......  | ......  | ......  |
All production numbers are expressed as metal in doré.
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Operational Metrics:
Metrics | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
Annual milling capacity
| ......  | 6.1 Mt | 6 Mt | | | |
Ore tonnes mined
| ......  | 6,123,910 t | 5,917,000 t | 5,664,976 t | 5,572,583 t | 5,062,816 t |
Waste
| ......  | 4,444,614 t | 6,448,021 t | 6,059,444 t | 5,332,293 t | 8,045,184 t |
Total tonnes mined
| ......  | 10,568,524 t | 12,365,257 t | 11.7 Mt | 10,904,876 t | 13,108,000 t |
Tonnes milled
| ......  | 6,109,364 t | 6,036,044 t | 5,572,308 t | 5,353,388 t | 4,840,000 t |
Annual processing capacity
| ......  | | | 4.5 Mt | 4.5 Mt | |
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Reserves at June 30, 2021:
Category | Tonnage | Commodity | Grade | Contained Metal |
Proven & Probable
|
98 Mt
|
Gold
|
1.4 g/t
|
4.5 M oz
|
Proven & Probable
|
98 Mt
|
Silver
|
12 g/t
|
39 M oz
|
Total Resource
|
216 Mt
|
Gold
|
1.1 g/t
|
7.5 M oz
|
Total Resource
|
216 Mt
|
Silver
|
10.3 g/t
|
72 M oz
|
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