Bumi Resources Minerals

PT Bumi Resources Minerals Tbk (BRM/BRMS) is an Indonesian multi-mineral mining company headquartered in Jakarta. It is incorporated in Indonesia and operates various non-coal mineral projects across the archipelago, with a diverse portfolio that includes copper, gold, zinc and lead. The company holds secured tenure for its exploration and development properties and describes itself as offering a unique opportunity to participate in a diversified mineral company, supported by management with sound experience in resources development and operating activities. The company traces its origins to August 2003, when it was established as PT Panorama Timur Abadi to engage in the lubricants trading business. In 2009, Bumi Resources acquired the company and renamed it to its current form. It has been listed on the Indonesia Stock Exchange since 2010 under the ticker BRMS. BRM's portfolio of diversified mineral mining assets is held through its subsidiaries, including Citra Palu Minerals, Gorontalo Minerals, Dairi Prima Mineral and Linge Mineral Resources. Its flagship operational milestone came at the Poboya gold mine site in Palu, Sulawesi, where subsidiary Citra Palu Minerals completed construction of a processing plant with a capacity of 500 tonnes of ore per day in December 2019 and began project commissioning, including no-load and load tests and trial production. In February 2020, BRMS produced its first gold from gold ore processing. The company's strategy centers on monetizing its reserves into commercial production and delivering positive results and added value to stakeholders. It pursues continuing operational excellence and has articulated goals around accelerating production and maximizing community benefit. Its projects span Sulawesi, Sumatra and Banten, reflecting a geographically diversified Indonesian footprint. A significant corporate action was the September 2018 sale of 51% of PT Dairi Prima Mineral, which holds zinc and lead assets, to NFC China for US$198 million. The company stated the transaction was intended to deleverage its balance sheet and support development of the Dairi zinc project. Permits secured across its subsidiaries include Citra Palu Minerals' construction and production permit approved in November 2017 (three-year construction period and 30-year production period to 2050), Dairi Prima Mineral's production permit approved in December 2017 (30-year production period to 2047), and Gorontalo Minerals' construction and production permit approved in February 2019 (three-year construction period and 30-year production period to 2052).

PT Bumi Resources Minerals Tbk was established in August 2003 under the name PT Panorama Timur Abadi, originally engaged in the lubricants trading business. In 2009, Bumi Resources acquired the company and changed its name to Bumi Resources Minerals. The company has been listed on the Indonesia Stock Exchange since 2010. In 2014, its subsidiary PT Dairi Prima Mineral signed an EPC contract with China Nonferrous Metal Industry's Foreign Engineering & Construction (NFC) to build a zinc and lead ore processing facility with a capacity of 1 million tonnes per year in Dairi. In November 2017, Citra Palu Minerals' construction and production permit was approved, with a three-year construction period and a 30-year production period running until 2050. In December 2017, Dairi Prima Mineral's production permit was approved with a 30-year production period until 2047. In September 2018, the company sold 51% of PT Dairi Prima Mineral (zinc and lead) to NFC China for US$198 million, a move described as intended to deleverage the balance sheet and to develop the Dairi zinc project. In February 2019, Gorontalo Minerals' construction and production permit was approved for a three-year construction period and a 30-year production period until 2052. In December 2019, Citra Palu Minerals completed construction of a processing plant with a capacity of 500 tonnes of ore per day and started project commissioning — including no-load and load tests and trial production — at the Poboya gold mine site in Palu, Sulawesi. In February 2020, BRMS produced its first gold from gold ore processing. The company today operates a diverse portfolio of minerals including copper, gold, zinc and lead, holds secured tenure for its exploration and development properties, and manages its assets through subsidiaries including Citra Palu Minerals, Gorontalo Minerals, Dairi Prima Mineral and Linge Mineral Resources. Its stated aim is to deliver positive results and add value to stakeholders by monetizing its reserves into commercial production, with a focus on continuing operational excellence, accelerating production and maximizing community benefit.

• 2020

  February 2020: BRMS produced its first gold from gold ore processing.

• 2019

  February 2019: Gorontalo Minerals construction and production permit approved (3-year construction, 30-year production to 2052).

• 2019

  December 2019: Citra Palu Minerals completed a 500 tonne/day processing plant and started commissioning at the Poboya gold mine site in Palu, Sulawesi.

• 2018

  September 2018: Sold 51% of Dairi Prima Mineral (zinc & lead) to NFC China for US$198 million.

• 2017

  November 2017: Citra Palu Minerals construction and production permit approved (3-year construction, 30-year production to 2050).

• 2017

  December 2017: Dairi Prima Mineral production permit approved (30-year production to 2047).

• 2014

  Subsidiary PT Dairi Prima Mineral signed an EPC contract with NFC to build a 1 million tonne per year zinc and lead ore processing facility in Dairi.

• 2010

  Listed on the Indonesia Stock Exchange.

• 2009

  Acquired by Bumi Resources and renamed Bumi Resources Minerals.

• 2003

  Established in August 2003 as PT Panorama Timur Abadi, originally in lubricants trading.

Diversified Indonesian non-coal mineral mining company focused on monetizing reserves into commercial production.

• Copper

• Gold

• Zinc

• Lead

• 2021-10-01

  BRMS and HealthJoy announce healthcare navigation partnership[6]BRMS与HealthJoy宣布医疗导航合作prweb.com

  Reported: 2021-10-01

  Benefit and Risk Management Services (BRMS) announced a partnership with HealthJoy to bring HealthJoy TPA+ to BRMS's current clients and new business prospects.

1. 1Bumi Resource Mineralsbumiresourcesminerals.com
2. 2Brief History – Bumi Resource Mineralsbumiresourcesminerals.com
3. 3Company Structure – Bumi Resource Mineralsbumiresourcesminerals.com
4. 4Bumi Resources Mineralsid.wikipedia.org
5. 5Bumi Resources Mineralswikidata.org
6. 6BRMS与HealthJoy宣布医疗导航合作prweb.com