Archipelago accepts resignation of director
Tuesday, April 2 2013 - 07:31 AM WIB
By Puspita Maylana Devi
LSX-listed Archipelago Resources plc announced on Tuesday that Eddy Porwanto Poo has resigned as a non-executive Director of the Company to pursue other business interests.
His resignation is with effect from 31 March 2013.
Archipelago is a producing mining company with principal activities including gold mining and exploration in Indonesia (as the 95% owner of the producing Toka Tindung Gold Mine in North Sulawesi, Indonesia).
In 2013, Archipelago expects to produce between 140,000 and 155,000 Au Eq oz at a cash cost of between US$620 and US$680 per ounce (net of silver credits)
Editing by Er Audy Zandri