GoldCorp-Antam deal

GoldCorp-Antam deal

PERTH (Reuter): Australia's largest gold refiner, Gold
Corporation, said on Thursday it concluded an equipment supply
and technical consultancy agreement to upgrade PT Aneka Tambang's
(Antam) Logam Mulia precious metals refinery in Jakarta.

The contract will enable the state-owned Aneka Tambang to
upgrade the technical and production capabilities of the Logam
Mulia gold and silver refinery, GoldCorp said.

The two companies also signed a letter of intent to examine
opportunities to develop joint trading and manufacturing
activities in Indonesia and the Asia Pacific region.

Aneka Tambang is a diversified mining group which plans to
seek a public listing later this year, GoldCorp said.

Logam Mulia is the only precious metals refiner in Indonesia.
GoldCorp is owned by the Western Australian state government.

The value of the deal was unstated.