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New Rush for Gold

Monday, October 12, 2020

The spike in international gold prices prompts mining corporates to expand businesses. Companies are aggressively exploring for new reserves.

Aneka Tambang’s gold bars at a jewelry shop in Tangerang, Banten, September 25./ ANTARA/Fauzan. tempo : 171434955992.

AFTER a long stagnation at Rp50, the share of Bumi Resources (IDX: BUMI) finally inched up to Rp51 on Wednesday, October 7. The price gain came a day after the issuer announced that its subsidiary, Bumi Resources Minerals (IDX: BRMS), was building a new gold processing facility in addition to increasing production and reserves.

Bumi Resources Minerals’ Director and Investor Relations Manager Herwin Hidayat said the new refinery is de

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Tempo English Monday, October 12, 2020
Tempo English Monday, October 12, 2020
Tempo English Monday, October 12, 2020
Tempo English Monday, October 12, 2020

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