Bumi Resources Minerals (BRMS) Corporate presentation summary

Corporate achievements and project milestones

• Secured key mining permits for gold, copper, zinc, and lead projects between 2017 and 2024, enabling long-term production across multiple sites.

• Completed construction and commissioning of two gold CIL plants at Poboya, with a third heap leach plant planned for 2025.

• Achieved significant gold production growth, reaching 1,411 kg in the first nine months of 2024.

• Sold a majority stake in the Dairi Prima Mineral zinc & lead project to NFC China for $198 million to support project development and deleverage.

Asset portfolio and resources

• Holds majority stakes in gold, copper, and zinc-lead projects with substantial reserves and resources, including 34.1 Mt gold ore at Poboya and 105.4 Mt copper ore at Sungai Mak.

• Projects span across Indonesia, with gold assets in Sulawesi, Banten, and Aceh, and copper/zinc assets in Gorontalo and North Sumatra.

• Dairi Prima Mineral is recognized as one of the world's highest-grade zinc deposits.

Financial and production highlights

• Revenue increased 231% year-on-year to $108.5 million for the first nine months of 2024.

• Operating profit rose 189% to $28.6 million, with net profit up 176% to $16.4 million.

• Gold output surged to 45,366 oz (1,411 kg) in 9M 2024, with average sale price rising to $2,347/oz.