New Rush for Gold - Economy - magz.tempo.co

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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.

. tempo : 176320518470.

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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