Annual Report 2024:
Unleashing Potential and Building Resilience
Unleashing Potential and Building Resilience was chosen
as the theme of the Company’s annual report taking into
consideration of the Company’s countless achievements
over the last 12 operating years and proving its resilience
in facing challenges to advance towards a new phase
while ensuring the Company’s growth
Recent Updates
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Announcements
Indonesia's Leading Gold Producer
PT J Resources Asia Pasifik Tbk. (the “Company”) is a publicly listed gold mining company in Indonesia, with its shares traded on the Indonesia Stock Exchange under the ticker symbol “PSAB.” The Company laid the foundation for its gold mining operations in 2011, successfully navigating various challenges to achieve notable accomplishments within the national mining industry.
Since then, the Company has developed two new producing mines in Indonesia: the Bakan Mine in North Sulawesi, which commenced production in December 2013, and the Seruyung Mine in North Kalimantan, which began operations in January 2014. Currently, the Company's active producing mines are the Bakan Mine and the Penjom Mine in Malaysia. Meanwhile, the North Lanut Mine and the Seruyung Mine are in the post-mining phase. The Company is also developing a new mine, Doup, located in North Sulawesi.
All of the Company’s mines are open-pit operations. The heap leach method is used for gold ore processing at the Bakan Mine, while the resin-in-leach process is applied at the Penjom Mine.
About Us
PT J Resources Asia Pasifik Tbk. (J Resources) is a public company engaged in gold mining in Indonesia, whose shares are listed on the Indonesia Stock Exchange under the ticker symbol “PSAB”.
J Resources, through its subsidiaries, owns five core projects, one is in development and exploration stage, two are producing mines and two are in post-mining stage. All of the projects are located in Indonesia, with the exception of Penjom Mine, which is located in Pahang State in peninsular Malaysia within the central gold belt.
Our Business
Bakan Mine
North Sulawesi, Indonesia
Bakan Mine is owned by J Resouces through PT J Resources Bolaang Mongondow (JRBM). JRBM holds the 6th Generation Contract of Work, which is valid until 2034, covering two blocks - Bakan and Lanut - with a total area of 38,150Ha.
Penjom Mine
Pahang, Malaysia
Penjom Mine is owned by J Resources through J Resources Gold (UK) Limited (JRGL), which holds a group of Mining Licenses and Mining Concessions covering a combined area of 1,221.83Ha in Pahang State, Malaysia.
Doup Project
North Sulawesi, Indonesia
Doup Project is an asset currently under construction and owned by J Resources through PT Arafura Surya Alam (ASA). ASA holds a Mining Business License - Operation Production (IUP-OP) for a single mining block, the Doup Block, which covers 4,000Ha in the province of North Sulawesi.
Seruyung Mine
North Kalimantan, Indonesia
Seruyung Mine is owned by J Resources through PT Sago Prima Pratama (SPP). SPP holds a Mining Business License - Production Operation (IUP-OP) covering 3,560Ha in North Kalimantan Province, Indonesia.
