| Cempaka Project |
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Cempaka |
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Country |
Indonesia
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Province |
Kalimantan |
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Close to |
Banjarmasin |
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Status |
CARE AND MAINTENANCE
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Surface |
80 km² / 19,768 acres |
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Latitude / Longitude |
3 S 29 / 114 E 47 |
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Legends
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| Risk and valuation analysis of the Cempaka Project |
| Status Risk : Care and Maintenance |
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| Title(s) of the Cempaka Project |
 | BDI Mining Corp.
Interest: 80% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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 | Gem diamonds limited
Interest: 80% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Gem Diamonds acquired AIM traded BDI Mining in May 2007 for US$78.2 million. BDI Mining holds an 80% interest in the Cempaka alluvial diamond mine in south Kalimantan, Indonesia. Indonesian parastatal ANTAM owns the remaining 20%. |
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| Location of the Cempaka Project |
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The Cempaka alluvial diamond mine is located 30km from the provincial city of Banjarmasin, in south-east Kalimantan, Indonesia. Acquired from Rio Tinto and Malaysia Mining Corporation in 2001, the mine lies within a 30 Year, 7th Generation Production more...
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| History of the Cempaka Project |
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The Cempaka diamond mine was commissioned in March 2005, when operations began in Danau Seran, and has since recovered over 34,000 carats of gem quality diamonds. Operations at the mine have now attained steady-state production, with monthly diamond recoveries presently averaging over 3,500 carats ahead of expanded production in Phase II mining.
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Data last updated on : 12/31/2008
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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