KEM?s gold production jumps in Q2 2001
Wednesday, July 25 2001 - 08:21 AM WIB
Gold production from PT Kelian Equatorial Mining (KEM), which is 90 percent owned by Anglo-Australian mining giant Rio Tinto, was significantly increased to 96,000 ounces in the second quarter this year from last year?s second quarter production of 61,000 ounces.
However, the second quarter gold production was lower than this year?s first quarter production of 105,000 ounces.
According to Rio Tinto?s second quarter announcement released Wednesday, production rise was due to the increase of gold ore processed, from 1,044,000 tons in last year?s second quarter to 1,610,000 tons in the second quarter this year.
The announcement said that unscheduled maintenance to the ball mill during the quarter resulted in four weeks downtime and adversely impacted mill throughput.
Kelian operates a gold mine in West Kutai regency, East Kalimantan. (alex)