Home » Business » This is the Bakrie Group Mine that Found 4.6 Million Tons of Gold Reserves in Palu

This is the Bakrie Group Mine that Found 4.6 Million Tons of Gold Reserves in Palu

Jakarta

PT Bumi Resources Minerals Tbk (BRMS) found gold ore reserves of 4.6 million tons in Poboya, Palu, Central Sulawesi. This discovery is the result of drilling by PT Citra Palu Minerals (CPM), which is a subsidiary of BRMS itself.

For your information, BRMS is one of the companies included in the Bakrie business group. 4.86% stake in BRMS is controlled by PT Bumi Resources (BUMI) whose address is Bakrie Tower, Komplek Rasuna Epicentrum, Jakarta.

BUMI itself is known as a mining company owned by the Bakrie family which is led directly by Adika Nuraga Bakrie or Aga Bakrie as President Director.

Then, what about the company profile of CPM which is a member of BRMS?

Summarized from the official website, bumiresourcesminerals.com, Thursday (10/02/2022). The majority of shares in PT Citra Palu Minerals (CPM) are owned by PT Bumi Resources Minerals Tbk (BRMS), which is 96.97%.

CPM also has Contract of Work rights to mining concessions covering an area of ​​85,180 hectares in Central Sulawesi and South Sulawesi, Indonesia.

The CPM contract area also stands in 5 separate blocks, where the most promising gold prospect is in Poboya.

The CPM construction and production permit was approved in November 2017 with a construction period of 3 years and a production period of 30 years (until 2050).

CPM currently operates a gold ore processing plant with a capacity of 500 tons of ore per day at the Poboya mine site.

(dna / dna)

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