Kelian gold production ups in IQ
Wednesday, April 25 2001 - 04:30 AM WIB
Anglo Australian mining giant Rio Tinto reported Tuesday the increase of gold production in its
Indonesian unit PT Kelian Equatorial Mining.
According to Rio Tinto's quarterly report to Australian Stock Exchange, Kelian's gold output for
the first quarter 2001 was 105,000 troy ounces, far higher compared to last year's corresponding
period production of 76,000 ounces.
The statement further said that although one crusher was down for six weeks in the first quarter,
Kelian could minimize the impact as higher grade gold ore was encountered.
It was not clear why the crusher was broken.
Kelian, which operates a gold mine in East Kalimantan is 90 percent owned by Rio Tinto, while local company Harita Jaya Raya owned the rest. (alex)