https://www.miningweekly.com

PT Antam has high hopes for 2017

13th January 2017

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – ASX-listed PT Antam has upped its ferronickel and gold production and sales targets for 2017.

The miner on Friday told shareholders that ferronickel production in 2017 was expected to be 30% higher than that achieved in 2016, at 18 500 t, following the completion of its Pomalaa ferronickel plant expansion project, in Indonesia.

Meanwhile, gold production for 2017 was targeted to reach 2 270 kg, which was up from the 2 256 kg produced in 2016, as the Pongkor and Cibaliung mines were expected to increase production.

Meanwhile, PT Antam said it was also targeting some 24 100 t of ferronickel sales during 2017, compared with the 19 300 t sold in 2016 while gold sales were targeted at 11.4 t.

Edited by Creamer Media Reporter

Comments

Showroom

Rio-Carb
Rio-Carb

Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that...

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

PGMs and green hydrogen make headlines
PGMs and green hydrogen make headlines
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.167 0.203s - 90pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: