SQMI - PT. Wilton Makmur Indonesia Tbk

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JAKARTA – PT Wilton Makmur Indonesia Tbk (SQMI) projects gold production from Ciemas Gold Project mining facility to reach 500 tons per day (tpd) in July 2023.

Mohammad Noor Syahriel, Corporate Secretary of Wilton Makmur Indonesia, mentioned that the commercial production target set for this mining facility will be realised gradually. “The trial for the production of 500 tpd of gold in said processing facility has been concluded,” he stated in the information disclosure quoted Friday (3/2).

Throughout March-July 2023, the commercial production of said facility will gradually increase month-to-month, from 250 tpd, 300 tpd, 350 tpd, 400 tpd, to 500 tpd. (LK/ZH)