PT J Resources Indonesia Optimistic on Completing Gold Projects, an Industrial Info Market Brief

Gold mining company PT J Resources Indonesia (PSAB) is optimistic regarding its project targets in Indonesia despite the ongoing COVID-19 pandemic.

PSAB is developing the Doup gold mine in Mongondwo Regency, North Sulawesi, and the Pani joint-venture project with PT Merdeka Copper Gold Tbk in Pohuwato Regency, Gorontalo Province. PASB is targeting production from the Pani mine by the fourth quarter of 2021. PASB plans to produce around 60,000 to 70,000 troy ounces of gold from the mine each year.