NEW YORK (Yosefardi) – Borneo Resource Investments Ltd, a mining company that mines gold and develops producing gold mining properties in Indonesia, has completed building its second processing area to extract gold from ore at its Ratatotok complex.
The Company has also commenced production at this new heap leach processing area which has the capacity to process 5,000 metric tons of ore per month.
The Company’s Ratatotok complex previously had one heap leach processing area that was already operating at full capacity processing 2,500 metric tons of ore per month.
With an increase of its production capacity to a monthly total of 7,500 metric tons of ore, Borneo has tripled gold production capacity at its Ratatotok site to approximately 7 – 10 kilograms (245 – 350 ounces) of gold per month.
Indonesia was the 8th largest gold producing nation in 2012.