Sumatra Copper & Gold has successfully established itself as a gold and silver producer from its 100%-owned Tembang project in southern Sumatra, Indonesia. The Company is targeting sustainable production of 40,000 to 50,000 gold equivalent (AuEq) ounces per annum.
Sumatra Copper & Gold has an extensive portfolio of projects in Sumatra to extend the current mine life, including the Tandai epithermal gold-silver project, which historically produced 1.4 million ounces of gold and has excellent potential for future development.
The Company has always considered investing in Indonesia to be about political risk rather than technical risk and has partnered with reputable and supportive Indonesian investment groups Provident Capital, PT Saratoga Investama Sedaya and Goldstar Mining as major shareholders at the corporate level.
08-Mar-2017 Appendix 3B
08-Mar-2017 Change of Director's Interest Notice
08-Mar-2017 Section 708A(5)(e) Notice
07-Mar-2017 Completion of Security Purchase Plan
27-Feb-2017 Tembang Production Update
03-Feb-2017 Security Purchase Plan Offer Document
02-Feb-2017 Change of Director's Interest Notice
01-Feb-2017 Appendix 3B
25-Jan-2017 Suspension from official quotation