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tate-owned diversified miner PT Aneka Tambang (Antam) will likely meet its sales target by year’s end, particularly on gold.

In an announcement submitted to the Indonesia Stock Exchange (IDX) on Thursday, Antam said gold sales reached 5,152 kilograms during the January to May period of the year, which translates to 68 percent of its full-year target of selling to around 7,000 kilograms.

Also, the company’s sales of ferronickel reached 7,028 tons of nickel (TNi) in the same period this year, or 39 percent of its full year target of 18,000 TNi. Meanwhile, nickel ore sales volume reached 4 million wet metric tons (wmt), or 35 percent of its full-year target of 11.5 million wmt by year’s end.

The company also said that it was on track to commence operations at its Chemical Grade Alumina, which will process bauxite, this October.

“The commissioning is three months ahead of our contractual schedule of January 2014,” president director Tato Miraza said.

Shares in Antam (ANTM) closed at Rp 1,110 on Thursday, declining by 1.76 percent compared to a day earlier.