Investor Presentaiton
Corporate Achievements (2017 – 2022)
Nov 2017
Dec 2017
Sept 2018
Feb 2019
Dec 2019
Oct 2022
July 2023
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A subsidiary, Citra Palu Minerals, secured a construction & production permit from the government to develop a gold
mine near Palu, in Sulawesi.
Resources: 7.9 Mt (4.3 g/ton Au); Expected production rate: 180,000 tonnes ore p.a. (2020)
Construction period of 3 years; Production period of 30 years (until 2050).
A subsidiary, Dairi Prima Mineral, secured a production permit from the government for a zinc & lead mine in North
Sumatra.
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Resources: 25 Mt (10.1% Zn, 6% Pb); Expected prod. rate : 250.000 tonnes ore p.a. (2022)
Production period of 30 years (until 2047).
Sold 51% of Dairi Prima Mineral (zinc & lead) to NFC China for $198 million (to deleverage balance sheet, to
develop Dairi zinc project)
A subsidiary, Gorontalo Minerals, secured a construction & production permit from the government to develop a
copper & gold mine in Gorontalo (Sulawesi).
Resources: 392.3 Mt (0.49% Cu, 0.43 g/ton Au); Expected prod. rate : 500,000 tonnes ore p.a. (2022)
Construction period of 3 years; Production period of 30 years (until 2052).
Citra Palu Minerals completed the construction of the 1st gold CIL plant (500 tones of ores/day capacity) in
Block -1 (Poboya) and started Production in Q1 2020.
Citra Palu Minerals Completed the construction of the 2nd gold CIL plant (4,000 to nes of ores/day capacity) in
Block-1 (Poboya) and started commissioning (dry run & wet run tests).
Citra Palu Minerals produced of gold 139 kg (FY 2021), 174 kg (FY 2022) and 236 kg in 1H 2023.
BRM
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