JAKARTA - PT Bumi Resources Minerals Tbk (BRMS) managed to score a profit from its operational performance in the first quarter of 2019. The company, along with NFC China, has commenced infrastructure development and will soon start production from its zinc and lead mine project in Dairi, North Sumatra by 2021.
According to an official statement received by IDNFinancials.com on Thursday (11/4), BRMS is scheduled to commence production from its gold mine in Palu, Central Sulawesi in the fourth quarter of 2019. Currently the company is exploring the possibility of speeding up production from its copper mine in Gorontalo ahead of schedule in 2022.
BRMS also showed earned revenue in the company’s Q1 financial statement. The statement has been presented to the Indonesia Stock Exchange (IDX) as part of the company’s information disclosure and also so that the IDX could revoke the suspension on the company’s shares. (MS)