J Resources to produce 130,000 troy oz of gold
Tuesday, February 26 2013 - 02:18 AM WIB
By Hiski Darmayana
IDX-listed gold miner PT J Resources Asia Pasific Tbk plans to produce 130,000 troy ounces (troy oz) of gold this year from the company?s four gold concession areas in Lanut (North Sulawesi), Penjom (Malaysia), Seruyung (East Kalimantan) and Bakan (North Sulawesi).
?We will continue to sell our gold production in Australia,? the company?s Corporate Secretary Edgar Affandi told Petromindo.com.
He said that the gold discovered in the company?s mines was categorized as secondary gold deposits.
J Resources entered gold mining business in 2011 by acquiring assets formerly owned by Avocet Mining including these four gold concession areas.
Editing by Adianto P. Simamora