Borneo Oil receives approval to start gold mining operations in Bukit Ibam KUALA LUMPUR: Borneo Oil Bhd has received regulatory approval from the Department of Minerals and Geosciences Malaysia (JMG) to carry out mine development, mining and gold processing operations in the licensed gold mining area in Bukit Ibam, Pahang. The Labuan-based group said the approval was granted to its wholly-owned subsidiary, Borneo Oil Corporation Sdn Bhd (BOC) under the approved Mining Operating Scheme (OMS), allowing the company to carry out gold mining and processing activities using the carbon in solution (CIL) method. “This approval is a significant regulatory milestone, enabling Borneo Oil, through BOC, to move towards commercial-scale gold production in […]

Borneo Oil receives approval to start gold mining operations in Bukit Ibam #BorneoOil #GoldMining #MiningApproval #Pahang #SustainableMining