Wilton Makmur Indonesia Tbk (SQMI)

Overview

PT Wilton Makmur Indonesia Tbk., initially established under the name PT Renuka Coalindo Tbk., transitioned its corporate identity to its current denomination in October 2019. This change marked a strategic shift in the company’s operational focus towards the gold mining sector. Founded in the year 2000, the enterprise is strategically headquartered in Jakarta, Indonesia. As a significant player in the Indonesian gold mining industry, PT Wilton Makmur Indonesia Tbk. embarks on the exploration, production, and mining of gold through its subsidiaries. The company precisely focuses on the Ciemas Gold Project, distinguishing itself through its extensive operations over an area encompassing 3,078.5 hectares in West Java, Indonesia. This project serves as the cornerstone of the company's mining activities. Furthermore, PT Wilton Makmur Indonesia Tbk. operates as a crucial subsidiary of Wilton Resources Holding Pte. Ltd., delineating its integrated position within the broader corporate framework dedicated to natural resources exploitation and management.

Products and Services

• Gold Exploration

  The core operation of PT Wilton Makmur Indonesia Tbk. revolves around the meticulous exploration of gold reserves within the designated area of the Ciemas Gold Project. This preliminary step is essential in identifying viable gold deposits for subsequent extraction and production processes.

• Gold Production and Mining

  Following the exploration phase, the company is actively involved in the extraction and production of gold from its mining operations. PT Wilton Makmur Indonesia Tbk. leverages advanced technological methods and efficient practices to mine gold effectively, underscoring its commitment to sustainable and profitable mining endeavors.