Continued focus on the domestic market has see leading Indonesian miner/trader PT Antam boost gold sales for the year to Dec 2022. Gold sales rose to 1,124,215oz, from 944,750oz in the previous year.
Antam posted FY22 production of 24,344t nickel within ferronickel (FY21: 25,818t Ni), 8.6Mwmt nickel ore (11Mt), 40,767oz gold (54,270oz), 263,732oz silver (353,369oz), 1.65Mt bauxite (1.67Mt) and 151,565t alumina (95,209t).
The company’s nickel ore production was used as ore feed for its ferronickel plant as well as domestic sales.