BRMS – Targets a 75% yoy gold production growth in 2024

BRMS – Targets a 75% yoy gold production growth in 2024 Bumi Resources Minerals (BRMS) targets an increase in gold production through its subsidiary, Citra Palu Minerals, to exceed 35,000 ounces (+75% yoy) this year. The increase in production is supported by production from the second plant in Palu which continues to increase and will reach full capacity this year as well as the finishing stage of the third plant in Palu which will start operating in 2H24. Note that, BRMS posted production of about 20,000 ounces of gold in 2023. (Source : Kontan)