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Tuesday, February 12, 2008

British company to exploit gold deposits in Jambi

Jambi (ANTARA News) - A British company, Sumatra Coover and Gold Ltd, will cooperate with a local partner, PT Nusa Palapa Minerals, to exploit gold deposits in three districts in Jambi province, a provincial mineral resources official said.

Head of Jambi`s Mining Office Hermansyah Herman said on Tuesday the two companies which will partner in exploiting Jambi`s gold deposits had been awarded a principal license.

The gold deposits were scattered in three districts, namely Sarolangung, Merangin and Kerince, Herman said.

The districts of Merangin and Kerenci host the Kerinci Sablat National Park and Sarolangung district the Bukit Dua Belas National Park.

Heraman said the exploitation of gold deposits in three districts would not disturb the parks and their sustainability.

The volume of gold deposits in the three districts were still being studied, he said.

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