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View all search resultsBumi Resources Minerals says Palu operations unaffected by site closure
The publicly listed miner, while confirming the closure of a site within subsidiary CPM's forest concession over illegal land clearing, has underlined that the targeted area was not operational and so will not affect its overall operations.
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Forest rangers seal off the entrance to an illegal gold mine on Nov. 20, 2025, during an operation under the Forestry Ministry’s civil service investigator (PPNS) at Mount Halimun Salak National Park in Sukabumi regency, West Java. (kompas.com/Riki Achmad Saepulloh)
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T Bumi Resources Minerals (BRM) says the government's closure of a contested gold mine at its concession in Palu, Central Sulawesi, will not disrupt core production activities, as the site in question was not yet operational.
The publicly listed miner said in a statement on Monday that the forest area enforcement task force (Satgas PKH) had sealed off a location within a contract of work area managed by its subsidiary, Citra Palu Minerals (CPM).
The Satgas PKH team moved to seal the site after discovering that illegal miners had cleared land in the concession area.
"The River Reef gold mine in Poboya, Palu, which is currently operated by CPM using the open-pit mining method, continues to operate as usual," BRM management stated, as quoted by Kontan.co.id.
BRM underscored that although the area targeted by the task force lay within its concession, CPM had neither developed nor mined it to date, so its closure was not expected to impact the company's primary operations.
The miner is currently ramping up the capacity of a CPM-run gold mill to 2,000 tonnes of ore per day from 500 tonnes previously and is on track for completion by October.
It is expected to substantially boost the company's gold output this year to "strengthen the firm’s operational fundamentals amid the evolving dynamics of the national gold mining industry", according to BRM’s statement.
