BRMS Targets 80,000 Oz Gold Production by 2026, Driven by Three Key Projects
Executive Summary
Key insights and market outlook
PT Bumi Resources Minerals Tbk (BRMS) is targeting 80,000 ounces of gold production by 2026, significantly higher than the 69,000-71,000 ounces projected for 2025. The company achieved 64,000 ounces in 2024 and is optimistic about meeting its 2025 target. Three key projects are driving this growth as BRMS continues to ramp up production.
Deep Dive Analysis
BRMS Sets Ambitious Gold Production Target for 2026
Significant Production Growth Planned
PT Bumi Resources Minerals Tbk (BRMS) has announced an ambitious target to produce 80,000 ounces of gold in 2026, representing a significant increase from the projected 69,000-71,000 ounces for 2025. The company's 2024 production reached 64,000 ounces, demonstrating a consistent upward trend in its gold output.
Key Factors Driving Production Growth
The company is focusing on three major projects to achieve its 2026 target. According to Herwin Wahyu Hidayat, Director and Chief Investor Relations Officer of BRMS, the production figure for 2025 is still being consolidated but is expected to show an increase from the previous year. The company's confidence in achieving higher production levels is based on its ongoing operational developments and project advancements.
Source References
Story Info
Topics Covered
Key Events
Production Target Increase
Operational Expansion