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ANTAM Recorded Gold Commodity Positive Performance During The First Nine Month Period of 2022

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ANTAM Recorded Gold Commodity Positive Performance During The First Nine Month Period of 2022

Jakarta, October 26, 2022 - PT Aneka Tambang Tbk (ANTAM; IDX: ANTM; ASX: ATM) member of Mining Industry Indonesia (MIND ID) – the State-Owned Enterprise Holding of the Mining Industry Indonesia, recorded positive growth in the Company’s unaudited gold commodity production and sales in the first nine months of 2022 (9M22). In 9M22, ANTAM recorded unaudited gold production volume from the Pongkor gold mine of 967 kg, relatively stable compared to the production performance of gold commodities in the first nine months of 2021 (9M21). In line with production levels, ANTAM's unaudited gold sales in 9M22 reached 25,931 kg, an increase of 31% compared to 9M21 sales of 19,870 kg in line with the growing demand for gold in the domestic market.

ANTAM's Director of Operations and Production, I Dewa Wirantaya, said:
“This year, ANTAM committed on strengthening the precious metal customer base in the domestic market by prioritizing security and trust with continue to deliver quality products. The growth of ANTAM’s gold production and sales performance in 9M22 in line with the growth of public awareness of gold investment. In addition, with the stable level of global gold prices has also supported the growth of ANTAM's gold commodity performance.”

As the only company with gold processing and refining in Indonesia that is certified by the London Bullion Market Association (LBMA), ANTAM guarantees the product and quality of precious metals. The company also guarantees the security and convenience of transaction. To maintain excellent service to the gold customer, ANTAM applies the terms of online gold transactions through the Logam Mulia website, and the ANTAM official boutique at the online marketplace platform of Tokopedia (“Butik Emas Antam Official” account), Shopee (“Butik Emas Antam Official Shop” account), and TikTok Shop (“Butik Emas Antam” account). This initiative is inlining with the Company’s aims to broader its market shares in the domestic gold market.     

The company implements a direct selling system or direct transactions to customers or customer representatives and never through other parties. ANTAM also constantly urges all ANTAM's precious metal customers and the public always to be careful of the fraudulent mode of selling precious metals on behalf of the Company. Further information related to ANTAM's precious metal transaction services can be obtained through the website, social media on Instagram @antamlogammulia, e-mail [email protected] or call center 0804-1-888-888.