JAKARTA - PT Aneka Tambang Tbk (Antam) stated that it is ready to buy gold which is the result of people's mines, as long as people's mining is confirmed to be legal and run well.

"Antam is basically ready to become an offtaker (buyer), so far (people's mines) are legal," said Antam President Director Achmad Ardianto at a Hearing Meeting (RDP) with Commission VI of the DPR, in charge of BUMN, in Senayan, Jakarta, quoted by Antara, Tuesday, September 30.

However, he continued, most of the people's mines cannot be said to be legal, because most of these activities are not based on taxpayers (People's Mining Areas) or IPRs (People's Mining Permits).

WPR is an area set by the government for small-scale mining activities, while the IPR is a permit granted to individuals, community groups, or cooperatives to mine within the WPR area.

"However, the facts show that people mine gold for their lives," said Ardianto.

Not only a legal basis issue, Ardianto also conveyed that there were concerns from the local government regarding environmental issues from the mining of the people.

"So massive are people who need to earn income from mining gold individually and corporately, but on the other hand the local government is afraid of the environmental impact," said Ardianto.

This problem is a challenge in itself, so Antam is currently trying to find the most appropriate scheme.

He said that the state-owned company had helped a number of provinces to ensure that the implementation of people's mining could run well, one of which was by helping to design concepts to make pilot projects (trial projects).

"Hopefully, if this is successful, this can be done. Commission VI may also be able to make that the existing WPR-WPR can be strengthened in its implementation. It is certain that Antam is also ready to become its offtaker," said Ardianto.

Previously, Ardianto revealed that Antam's gold mine, located in Pongkor, West Java, could only produce 1 ton of gold in one year.

Meanwhile, Antam's gold sales realization in 2024 is at 43 tons. This year, Antam targets gold sales to reach 45 tons.

Antam's gold production inequality with gold demand caused Ardianto to import approximately 30 tons of gold from Singapore and Australia.


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