BRMS Clarifies Sealing of Single Point in Palu Concession Area

Jakarta, VIVA – The gold mining sector has once again come under the spotlight following reports of a concession area being sealed in Palu, Central Sulawesi. The information gave rise to varied perceptions among the public and market participants, particularly regarding its impact on company operations.

PT Bumi Resources Minerals Tbk (BRMS) on 16 February 2026 issued an official clarification regarding media reports of the sealing of the company’s gold mining concession in Palu. In its press release, management stated that there were inaccuracies in the reporting.

“Through this press release, we the management of PT Bumi Resources Minerals Tbk (‘BRMS’) provide clarification regarding inaccurate media reports informing of the sealing of BRMS’s gold mining concession in Palu,” the company stated, as quoted from the press release on Monday, 16 February 2026.

“The inaccurate reporting and choice of words in the headline by the reporter could convey a misleading impression to audiences and the investment community,” it added.

BRMS explained that the government, through the Forest Area Enforcement Task Force (Satgas PKH), sealed a single point within the area where unauthorised land clearing by illegal miners had been discovered. The area forms part of the contract of work managed by the company’s subsidiary, PT Citra Palu Minerals (CPM), in Palu, Central Sulawesi.

However, management noted that the sealed area has not yet been mined or operated by CPM to date. Accordingly, the company stated that the sealing action is unrelated to any ongoing production activities.

BRMS also confirmed that the River Reef gold mine in Poboya, Palu, currently operated by CPM through open pit mining methods, continues to operate normally.

In addition to the clarification on the area sealing, the company also provided updates on other operational developments. One of CPM’s gold processing facilities is currently undergoing a capacity upgrade from 500 tonnes to 2,000 tonnes of ore per day. The capacity increase is targeted for completion in October 2026.

Management stated that the plant capacity upgrade is expected to have a positive impact on BRMS’s gold production in 2026, although actual outcomes will remain dependent on operational factors and technical conditions on the ground.