Gold and Silver Producer in Indonesia
Sumatra Copper & Gold plc (ASX:SUM) is an Indonesian silver and gold mining company and pre-eminent precious metals explorer with a suite of highly prospective mining tenements in southern Sumatra.
Listed on the Australian Securities Exchange (ASX) in 2009 under the code SUM, the Company began gold and silver production from its 100%-owned Tembang project in August 2015. Sumatra Copper & Gold is targeting sustainable production of 40,000 to 50,000 gold equivalent (AuEq) ounces per annum.
The Company has an extensive portfolio of under-explored epithermal vein targets at the Tembang project to extend the current mine life and a 100% interest in the advanced gold-silver Tandai exploration project located approximately 100km to the west.