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Martabe. The Martabe gold and silver mine is located in North Sumatra, approximately 40 km south of the port of Sibolga. The mine commenced production in 2012 and is an open pit mine. EMR Capital acquired Martabe on 17 March 2016 and exited on 3 December 2018.
"Konsorsium ini sangat mengenal Martabe karena kami memiliki sejarah panjang dalam pertambangan dan investasi di Indonesia. Kami mengakui kinerja Martabe yang luar biasa dalam beberapa tahun terakhir, begitu juga dengan performa para stafnya, dan berharap akan terus mendukung perkembangan Martabe, kinerja operasional dan teknis, serta kinerja keuangan di tengah kondisi harga emas dunia .
(Reuters) - China's Pengxin International Mining Co Ltd (600490.SS) is in advanced talks to buy Indonesian gold and silver mine Martabe from a consortium led by EMR Capital, for about $1.5 billion, the Wall Street Journal reported on Friday, citing sources.
Aug 09, 2018· The busiest deal maker in the Australian resources sector has struck again with private equity firm EMR Capital set to exit its Martabe gold and silver mine under the terms of a deal that values ...
Indonesian gold miner Agincourt Resources plans to conduct an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in 2017. The gold miner operates the Martabe Gold Mine in North Sumatra through a Contract of Work. Agincourt Resources is for 61.4 percent owned by Australia-based EMR Capital, a private equity manager that is specialized in mining resources and has deep linkages ...
Aug 03, 2017· The giant Martabe gold mine on the Indonesian island of Sumatra has attracted several unsolicited enquiries from buyers, its majority owner EMR Capital said on Thursday.
Aug 09, 2018· Private firm Danusa Tambang Nusantara has agreed to buy the Martabe gold mine in Indonesia from EMR Capital and its partners for $1.21 billion, including assumed debt, EMR said on Thursday.
Aug 29, 2018· The Martabe gold mine, which covers 1,303 square kilometers in South Tapanuli, produces about 350,000 tons of gold a year. It booked $150 million in net income last year. According to Agincourt Resources annual report, Martabe, which is one of Indonesia's largest gold mines, has a potential reserve of up to 4.5 million tons of gold.
The Martabe Gold Mine, loed approximately 40 km southeast of Sibolga in North Sumatra, Indonesia, is an operating gold mine that currently processes 4.5 Mt of gold ore per year. Codisposal of waste occurs with all open pit mine waste utilized in the construction of the tailings storage facility (TSF) embankment.
Jul 25, 2012· Precious metals miner G-Resources has completed its first gold pour at its flagship project, the Martabe mine, in Indonesia. The Hong Kong-listed miner said on .
Martabe is a large, low cost, gold-silver mine located in Northern Sumatra, Indonesia, 95% owned by a private consortium and 5% by the government. The operating company is PT Agincourt Resources. The mine started production in 2012 and ramped up production.
Dec 05, 2018· Martabe gold mine is located in the province of North Sumatra with a total area of 1.639-kilometer square. The contract of the work for the mine was signed in April 1997. It started to produce on July 24, 2012. Written by Staff Edirot, Email: theinsiderstories@gmail
Figure 1: Location of the Martabe Gold Deposits, Sumatra, Indonesia . The Martabe gold system was discovered in late 1997 using regional BLEG (Bulk Leach Extractable Gold) stream sediment sampling techniques and the anomalies were defined using soil sampling on a 100 by 50 metre grid.
Joseph Mandala joined Macmahon in January 2016 from Leighton Contractors where he was working on the Martabe Gold Mine site in Sumatra, Indonesia. Joseph rapidly progressed through a number of roles since joining the company from Senior Mining Engineering to Technical Service Superintendent just nine months later, and today, Joseph is Macmahon ...
The Martabe gold project is located in Northern Sumatra, Indonesia. Mining of the Purnama deposit, a significant source for the Martabe project, is being undertaken by conventional open-pit methods. Exploration of mineralisation in other parts of the area around the Martabe CoW is ongoing.
May 14, 2019· On December 4, 2018, PT United Tractors, Tbk (UNTR) announced that the company had completed the process of acquiring 95% stake of PT Agincourt Resources (PTAR), the owner of the Martabe Gold Mine in South Tapanuli, North Sumatra Province. Thus, UNTR now has five business segments ie the distribution of heavy equipments, coal mining, coal mining services, construction, and gold mining.
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* Enquiries "unsolicited," major owner EMR says * Also says no formal sales process ongoing . By Anshuman Daga and James Regan. SINGAPORE/SYDNEY, Aug 3 (Reuters) - The giant Martabe gold mine on the Indonesian island of Sumatra has attracted several unsolicited enquiries from buyers, its majority owner EMR Capital said on Thursday.
Nov 25, 2019· The Martabe gold mine in North Sumatra – the only gold mine in the province – was awarded the rank of Platinum at the 2019 Asia Sustainability Reporting .
A Completely New Kind of Mining Event in Indonesia. In 2018, the mining industry will convene in Jakarta at Indonesia Miner. With a wide-ranging International exhibition, Indonesia Miner will provide attendees with a forum to critically evaluate suppliers and new technologies with an objective of improving productivity and operational efficiencies.
The Martabe Gold Mine is located in North Sumatra in the District of South Tapanuli. The area covered by this agreement is 1,639 km², however, the area of operations at the close of 2017 was limited to 452 hectares. There are six defined mineral deposits at the Martabe Gold Mine.
Angus, M, Virisheff, A, Konopa, S and Crispin, S, 2018. Martabe Gold Mine, Indonesia: a positive solution for positive reconciliation, in Proceedings Complex Orebodies Conference 2018, pp 76–78 (The Australasian Institute of Mining and Metallurgy: Melbourne).
At Martabe Gold Mine, we see our people as our most valuable resource, they make the difference. You are entrusted with responsibility from day one and we take your professional development seriously. We believe that the development of skills and experience of employees in a sustainable manner is one of the strengths in the global mining business.
International News: EMR Capital and its partners have agreed to sell the Martabe gold-silver mine in Indonesia for US$1.21 billion. Martabe is one of Asia's largest gold mines with reserves of 4.7 million ounces of gold and 36Moz of silver, and resources of 8.8Moz of gold and 72Moz of silver.
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