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Antam to gain extra gold output after acquisition
JAKARTA: State mining firm PT Aneka Tambang will gain an extra 0
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AKARTA: State mining firm PT Aneka Tambang will gain an extra 0.8 tons of gold this year from a recently acquired second gold mine.
Antam director for development Tato Miraza said Monday the company would produce 3.7 tons of gold this year as it expected to get an additional 0.8 tons from PT Cibaliung Sumber Daya (CSD), which was acquired by Antam earlier this year.
Currently, Antam only produces 2.9 tons of gold from its only gold mine in Pongkor, West Java.
