BRMS — To exceed 35k oz gold production in 2024

BRMS — To exceed 35k oz gold production in 2024 Bumi Resources Minerals (BRMS) is confident that its gold production will surpass 35k oz this year. BRMS, through its subsidiary Citra Palu Minerals, has seen increased gold grades and content at its River Reef and Hill Reef mines in Poboya, following active drilling. By 1H24, BRMS had produced 26.7k oz of gold, already exceeding its total 2023 output. Note that BRMS reported revenue of USD61.26 mn in 1H24, a significant 286.81% yoy increase, largely driven by gold sales. (Source : Kontan)