30th September 2011, Jakarta, Indonesia
PT ABRG Indonesia has recently signed an Offtake Agreement with Papuan based mining company CV Paniai Mining Papua to acquire raw gold resources from one of the World's richest gold belts.
The agreement, which is valid for 20 years and may be extended for a further two ten year terms, will see CV Paniai Mining Papua making minimum delivery of 30kg of gold dore bars each month.
Hari Prasetiya, President Director of PT ABRG Indonesia, signed the agreement with Mr Demianus Tebai, Managing Director of CV Paniai Mining Papua, in a simple signing ceremony ...Read More
15th September 2011, Arezzo, Italy
PT ABRG Indonesia (ABRG) today announced that it had met with Italimpianti Orafi Spa. to discuss metal refining and technical matters.
ABRG, the Indonesian precious metals trading and refining company, had earlier in 2011 appointed Italimpianti Orafi as its technical consultant, drawing on the Italian groups forty year expertise as a specialist bullion refinery process designer and equipment manufacturer.
Patrick Harvey, PT ABRG Indonesia Director said: "Italimpianti Orafi Spa are the World's foremost manufacturer of bullion refining equipment servicing clients such as The Rand Refinery, Argo-Heraeus, and Pamp. We are pleased to welcome their ...Read More
2nd August 2011, Kalgoorlie, Australia
Understanding the importance of high security logistics to the precious metals industry, PT ABRG Indonesia has appointed G4S International Logistics (Australia) Pty Ltd, a Group 4 Securicor plc company which is active in 130 countries and employs 625,000 people, to provide raw gold and bullion products movements to and from their new international bullion refineries.
G4S Logistics, the World leader in precious metals logistics, will be responsible to manage ABRG's total precious metals supply chain, from the movement of bullion bars and raw gold materials from mines and traders up to the distribution of finished ...Read More