27 - Extending the life of Martabe gold mine with Rahmat Lubis (PT Agincourt Resources)

Martabe is one of the biggest gold deposit located in Indonesia. Discovered by Normandy Mining in 1997, this mine has experienced several ownership changes. Initial feasibility study estimates this mine will be completed by 2020. However, PT Agincourt Resources shows current resources may extend the life of mine for about next 13 years. Mr. Rahmat Lubis, the General Manager Operation of PT Agincourt Resources, shares the milestones of this project since the construction phase up to future plans. This interview is conducted in Bahasa. (03:35) The beginning stories of Martabe gold mine. (07:50) Current resources and reserves, and the estimated mine life. (11:30) Initial feasibility study estimates the Martabe mine will be finished in 2020. (15:10) Historical and current social challenges considering the Martabe mine was the first mine in the district. (22:40) Future plans of PT Agincourt Resources. The content found on DiscoverMine Radio is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, current events, press releases and interviews but is not infallible. It may contain errors and DiscoverMine offers no inferred or explicit warranty as to the accuracy of the information presented. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. The information you find on DiscoverMine is to be used at your own risk.