Sumatra Copper & Gold announces first drill results from Tembang project
Indonesian-focused Sumatra Copper & Gold (ASX: SUM) has announced the first drilling results from the Tembang project and surface sample results from the Tandai project. The best result at Belinau...
View ArticleSumatra Copper & Gold receives encouraging results from Sontag project
Sumatra Copper & Gold plc (ASX: SUM) has provided an update at the Sontag project in the province of West Sumatra, some 160 kilometres north of Padang. Managing Director, Jocelyn Waller, said: “We...
View ArticleSumatra Copper and Gold intersects high grade gold in Indonesia
Sumatra Copper and Gold Plc (ASX: SUM) has reported a total of 11 holes have been completed during the current program of diamond drilling designed to test the down dip extensions of the higher grade...
View ArticleSumatra Copper and Gold Ltd reports on progress in Sumatra
Sumatra Copper and Gold (ASX: SUM) has been granted rights to an exploration IUP previously totalling almost 250 km², located in the regency of Pasaman in the province of West Sumatra.The area is...
View ArticleSumatra Copper & Gold hits high grade gold in Indonesia
Sumatra Copper & Gold (ASX: SUM) has reported A total of 21 holes have been completed during the current programme of diamond drilling designed to test the down dip extensions of the higher grade...
View ArticleSumatra Copper & Gold to pick up pace with Newcrest Mining deal
In a pivotal deal for the company, Sumatra Copper & Gold plc (ASX: SUM) has signed definitive agreements involving an equity investment by Newcrest Mining (ASX: NCM) in Sumatra, an earn-in by...
View ArticleSumatra Copper & Gold hits significant gold mineralisation in first drill...
Drilling has got off to a flying start at the new gold discovery at Sontang, adding to the good results to the south at its Tembang project, where a more powerful rig has been mobilised to test the...
View ArticleSumatra Copper & Gold hits two massive sulphide zones at Sontang
More zones of massive sulphide mineralisation have been discovered by Sumatra Copper & Gold (ASX: SUM) at the Sontang project in Indonesia. Latest drill highlights include; 8 metres at 0.19 grams...
View ArticleSumatra Copper & Gold targets 70,000 to 80,000 ounces gold production in...
Sumatra Copper & Gold plc (ASX: SUM) is targeting annual production of 70,000 to 80,000 ounces gold equivalent at the Tembang Project by early 2013 following a successful resource augmentation...
View ArticleSumatra Copper & Gold acquires stakes in five Indonesian operating entities
Sumatra Copper & Gold plc (ASX: SUM) will acquire a direct shareholding interest in each of the five Indonesian operating entities that currently hold exploration licences of 100%.The company has...
View ArticleSumatra Copper & Gold high grade hits underpin advancing Tembang into production
Sumatra Copper & Gold (ASX: SUM) has initiated a 5000 metre in-fill drilling campaign with two rigs to follow up some high grade gold hits at the Tembang project in Indonesia. The highlight from...
View ArticleSumatra Copper & Gold chief steps up to the role of managing director
Sumatra Copper & Gold (ASX: SUM) chief executive officer Julian Ford has filled the seat of managing director. Ford, who has been chief executive officer of Sumatra since May 2011, has more than 25...
View ArticleSumatra Copper & Gold bags US$35M debt funding from Credit Suisse
Sumatra Copper & Gold (ASX:SUM) has secured US$30 million in senior debt finance facilities from Credit Suisse to fund the commercial development of its Tembang Gold project in Indonesia.In...
View ArticleSumatra Copper & Gold repays Macquarie's $5M debt facility post $8.4M capital...
Sumatra Copper & Gold (ASX:SUM) has repaid a $5 million debt finance facility with Macquarie Bank after completing the placement to raise $8.36 million.The placement of 38 million CDIs at 22 cents...
View ArticleSumatra Copper & Gold extends Tembang forestry permit for 10 years
Sumatra Copper & Gold (ASX:SUM) has amended the forestry permit application for its flagship Tembang gold silver project in Indonesia to cover the current life-of-mine plan of 10 years.The...
View ArticleSumatra Copper & Gold has Forestry Permit status update pending for Tembang
Sumatra Copper & Gold (ASX: SUM) has been granted a trading halt by the ASX with its shares placed in pre-open, pending an announcement with regard to the granting of the Forestry Permit for the...
View ArticleSumatra Copper & Gold set for Tembang gold-silver project development
Sumatra Copper & Gold (ASX:SUM) has received the final forestry permit paving the way for the development of its Tembang gold-silver project in Indonesia.The award of the final forestry permit is...
View ArticleSumatra Copper & Gold plc to raise $20M in underwritten rights issue
Sumatra Copper & Gold plc (ASX: SUM) will look to raise $20 million through an underwritten rights issue as a key financial plank of development of the Tembang Gold-Silver Project in Sumatra,...
View ArticleSumatra Copper & Gold plc to reveal life of mine development strategy
Sumatra Copper & Gold plc (ASX: SUM) has been granted a trading halt today pending details regarding the resource update and the life of mine development strategy.Sumatra Copper is focused on the...
View ArticleSumatra Copper and Gold intersects high grade gold and silver at Sumatra project
Sumatra Copper and Gold (ASX: SUM) has intersected high grade gold and silver, including 6 metres at 9.65 grams per tonne gold and 38.2g/t silver, at its Tembang Project in Sumatra, Indonesia.The...
View ArticleSumatra Copper and Gold updates Ore Reserves at Indonesia gold-silver project
Sumatra Copper and Gold (ASX: SUM) has updated Ore Reserves at its wholly-owned Tembang Gold-Silver Project in southern Sumatra, Indonesia, to 2.01 million tonnes at 2.8 grams per tonne gold and...
View ArticleSumatra Copper & Gold arranging funding for Sumatra gold project
Sumatra Copper & Gold (ASX:SUM) has mandated Nomura Singapore Limited to arrange a funding package for the development of its Tembang Gold Project in southern Sumatra, Indonesia.This will include...
View ArticleSumatra Copper and Gold advancing Indonesia project towards production
Sumatra Copper and Gold’s (ASX:SUM) ongoing drilling program is underpinning final mine design and grade control at its Tembang Gold-Silver Project in Sumatra, Indonesia.The 4,000 metre program is 75%...
View ArticleSumatra Copper and Gold heads to market
Sumatra Copper and Gold (ASX:SUM) has been granted an ASX trading halt in relation to a capital raising.The halt will last until the earlier of the announcement being made or the start of trade on...
View ArticleSumatra Copper & Gold PLC heads down capital raising drive
Emerging gold and silver producer Sumatra Copper & Gold PLC (ASX:SUM) is readying to reveal details of a capital raising.The ASX has granted the company a trading halt to prepare, with its shares...
View ArticleSumatra Copper & Gold pours first gold at Indonesia project
Sumatra Copper & Gold (ASX:SUM) has poured first gold at its wholly-owned Tembang Gold Project located in southern Sumatra, Indonesia, just nine months after construction started.The company has...
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