| ANTAM Receives 2014 PROPER Awards from the Ministry of Environment and Forestry | |
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Jakarta, December 3, 2014 - PT ANTAM (Persero) Tbk (ASX - ATM; IDX - ANTM; ANTAM) is pleased to announce that the company receives the 2014 PROPER awards from the Ministry of Environment and Forestry. The awards were presented to ANTAM's Operations Director Tedy Badrujaman by the Minister of Environment and Forestry of the Republic of Indonesia Siti Nurbaya Bakar on December 2nd, 2014 at the Auditorium of Manggala Wanabhakti Jakarta.
During the awards ceremony, ANTAM's Gold Mining Business Unit at Pongkor, West Java received the Green PROPER rating. ANTAM's four other business units, the South East Sulawesi Nickel Mining Business Unit, the North Maluku Nickel Mining Business Unit, the Precious Metals Processing and Refinery Business Unit and the Tayan Bauxite Mining Business Unit each received Blue PROPER rating. ANTAM's subsidiary PT Cibaliung Sumberdaya also received the Blue PROPER Rating.
ANTAM Operations Director Tedy Badrujaman said:
"In terms of environmental management, we are committed to improve the effectiveness of environmental management and monitoring through compliance of environmental permits, the implementation of environmental impact analysis and effective rehabilitation of disturbed lands. We also improve the effectiveness of waste management, notably on waste water from mining activities, emission and toxic and dangerous waste to meet the required standard.
These activities are part of the overall efforts to demonstrate our commitment to the environmental management and monitoring."
The Gold and Green PROPER ratings indicate the entity has exceeded the required government standards on environmental management. Blue rating indicates the entity has met the required standards whilst Red and Black ratings indicate the entity is yet or has not met the required standards.
The Green PROPER rating indicates ANTAM's environmental management practice has exceeded the existing laws and regulations. The rating also highlights ANTAM's resources conservation and management through the implementation of 4R (Reduce, Reuse, Recycle and Recovery) principles and CSR programs. The Blue PROPER rating reflects ANTAM's environmental management is in full compliance with the government's laws and regulations.
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Antam Tbk
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CODE : ATM.AX |
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Antam Tbk is a gold producing company based in Australia. Its main asset in production is CIBALIUM in Indonesia. Antam Tbk is listed in Australia and in Indonesia. Its market capitalisation is AU$ 24.8 billions as of today (US$ 57.9 billions, € 52.2 billions). Its stock quote reached its highest recent level on January 06, 2011 at AU$ 1.28, and its lowest recent point on April 07, 2017 at AU$ 0.62. Antam Tbk has 24 030 769 152 shares outstanding. |