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FLSmidth signs extensive minerals design and service agreement with PT Antam (Persero) TBK in Indonesia

FLSmidth has signed a Memorandum of Understanding (MoU) with PT ANTAM (Persero) Tbk (“ASX: ATM; IDX: ANTM; ANTAM”), a diversified mining and metals company headquartered in Jakarta, Indonesia, to supply design, testing and services for developing mining projects in and around Indonesia. The MoU was signed on 3 September 2014 by Mr. Tato Miraza, ANTAM’s President Director and Mr. Thomas Schulz, FLSmidth Group CEO.

September precious metal price meltdown

Fresh selling sees gold price end September down 6% vs historical average gain of 3%, silver tanks 13%, platinum drops 9% and palladium collapses 15% over the course of the month.
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