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Apr 11, 2019· Sumatra Copper Gold has announced it intends to appoint Wilkins Kennedy Amersham as administrators of the company, ... In May, Sumatra suspended open pit mining at its Tembang gold and silver mine. Sumatra to follow Orinoco into administration. Adrian Rauso. Thursday, 11 April, 2019 15:53.
Sumatra copper and gold Page 1 of 2. Sumatra breaks another record. Monthly production smashes through previous best output Capital markets ... Mining Briefs: Hexagon, Sumatra and more. News from Hexagon, Sumatra, PNX, Matsa, Astron and Iron Mountain Capital markets 05 DECEMBER 2016.
Sumatra Copper Gold plc is a holding company and a gold and silver producer and precious metals explorer. The Company''s principal activity is to acquire, explore, develop and mine goldsilver ...
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Sumatra Copper Gold was established in the United Kingdom in 2006 and listed on the Australian Securities Exchange (ASX) in 2009 under the code SUM. Sumatra''s gold and silver exploration project is the Tandai Project, which is a joint venture with Australia''s largest gold producer, Newcrest Mining, and Sontang a polymetallic project.
Sumatra Gold and Copper''s Tembang gold and silver deposit is located in the North Musi Rawas Province of South Sumatra, Indonesia. Image: courtesy of Ewesewes at Construction works recommenced in November 2014, while open pit mining started in June 2015. Image: courtesy of Sumatra Copper Gold.
South Sumatra Copper Gold Mine. You are here: Home / South Sumatra Copper Gold Mine. Date: December 2009 to July 2011 Contract 5,000 meters with extensions Date: May 2103 to present Diamond drilling with RC Pre collars. RCGC Drilling. Project was handled with 1× Hanjin 4000 and 1× Hanjin 7000. Drilled out the prospect in 20 months ...
Metals miner Sumatra Copper Gold has temporarily suspended openpit mining activities at its Tembang gold/silver project, in Indonesia. The company said on Friday that with the Berenai openpit ...
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Newcrest Sumatra Copper and Gold enter into Heads of Agreement Newcrest Mining Limited (''Newcrest'') and Sumatra Copper Gold plc (''Sumatra'') are pleased to announce that they have signed a Heads of Agreement (''Agreement'') involving an equity investment by Newcrest in Sumatra .
About us. Sumatra Copper Gold plc is a gold and silver emerging producer with a suite of highly prospective tenements in Sumatra, Indonesia. The Tembang Project production is scheduled to commence during 2015.
ASXlisted Sumatra Copper Gold on Thursday told shareholders that it would voluntarily appoint administrators after failing to raise funding to restructure its debt. Sumatra subsidiary PT Dwinad ...
Sumatra Copper Gold PLC is a mining company. The Company explores copper and gold on the island of Sumatra in Indonesia. Address. Level 1 5 Ord Street West Perth, WA 6005 Australia.
Sumatra Copper Gold plc is a holding company and a gold and silver producer and precious metals explorer. The Company''s principal activity is to acquire, explore, develop and mine goldsilver and other metal deposits in Sum atra, Indonesia. The Company also has an exploration portfolio with projects ranging from brownfield, nearproduction opportunities to strategically located greenfield ...
SUMATRA Copper Gold has become a victim of poor mine performance and its debt load, with the suspended miner saying it will appoint administrators after failing to finalise new terms with its financiers over the past six months.
Sumatra Copper Gold gained tenure over the Project in 2006 and continued detailed resource definition drilling at the main vein targets following its ASX listing in 2009. After completing a Feasibility Study in September 2012, the Company raised US million in equity and commenced construction of the mine in June 2013.
The article announces the completion of Sumatra Copper Gold plc''s updated feasibility study (DFS) for the Tembang Project. It notes that the basis of this DFS is the fiveyear plan mining Ore Reserves at a nameplate plant throughput rate of 400,000 tonnes per year. An overview of the Sumatra Copper Gold plc is offered.
ASX listed Sumatra Copper Gold is currently seeking an Exploration Manager to discover new resources at its projects in Sumatra Indonesia. The Company major asset is the Tembang Project that hosts an extensive low sulfidation epithermal vein deposit.
The failure of debt restructure proposals has led Sumatra Copper Gold to appoint administrators with the aim of finding a new way to resurrect the shuttered its Tembang goldsilver mine in southern Sumatra, Indonesia in Aug 2018 while its operating subsidiary PT Dwinad Nusa Sejtera sought new mine and financing plans to achieve sustainable operations.
Gold and Silver Producer in Indonesia Sumatra Copper Gold plc (ASX:SUM) is an Indonesian silver and gold mining company and preeminent precious metals explorer with a suite of highly prospective mining tenements in southern Sumatra.
The ASX Group''s activities span primary and secondary market services, including capital formation and hedging, trading and price discovery (Australian Securities Exchange) central counter party risk transfer (ASX Clearing Corporation); and securities settlement for both the equities and fixed income markets (ASX Settlement Corporation).
Receive email alerts with articles and news on this company free from MiningFeeds. Sumatra Copper Gold plc engages in the acquisition, exploration, development, and mining gold/silver and other metal deposits in Sumatra, Indonesia ...
Sumatra Copper Gold plc is a holding company and a gold and silver producer and precious metals explorer. The Company''s principal activity is to acquire, explore, develop and mine goldsilver and other metal deposits in Sumatra, Indonesia.
The information in this report that relates the Underground Ore Reserves is based on information compiled by Mr Robert Gregory of Sumatra Copper Gold, who is a Member of the Australasian Institute of Mining and Metallurgy.
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