In 2016, through analysis of the international and domestic situation, especially the development trend of the gold industry, we made full use of the opportunity of "One Belt, One Road" and leveraged our advantages in the gold industry to develop an alluvial gold project in Riau Province, Sumatra, Indonesia. The company now has one mining right with an area of 3.5 square kilometres and a proven alluvial gold reserve of 12.9 tonnes; three prospecting rights with an area of 294.5 square kilometres and a proven alluvial gold reserve of 6.52 tonnes, of which one prospecting right is undergoing the procedure of conversion from exploration to mining.
In Indonesia, the company is equipped with 18 sets of large mining machinery: 4 excavators, 2 loaders, 2 bulldozers, 8 dump trucks and 2 sets of mineral processing chutes. The average daily exploit stripping volume is over 5000 square meters, the average daily excavation into the beneficiation volume is over 4000 square meters, the beneficiation grade is 1.5 grams / per cubic meter, the annual output of alluvial gold is over 3 tons, and the output value is 100 million RMB.
