Toka Tindung Project produced 147k oz of gold in 2013 and plans to increase its production to 200k oz. Our processing facility has a nameplate capacity of 2.0 million tonnes/year. With strong production growth, 57% CAGR between 2011 to 2013, we are maintaining efficient operating procedures to keep competitive cost structures and optimising the mine plan to reduce the strip ratio and bring forward high-grade mineralisation with goal in optimising full value of the Toka Tindung Project.
Production Process Chain
The gold ores produced by the pits are processed into dore bars at the Toka Tindung processing plant and then sent to the Mulia Refinery in Jakarta, to be refined into Au 99.99% under an agreement with PT Aneka Tambang Tbk (Antam). The company sells its gold production under long-term agreement to Standard Chartered Bank (SCB) at market price. Its silver production is also sold to SCB based on the spot price.