PT Bumi Resources Minerals Tbk (BRM) owns 96.67% interest in PT Citra Palu Minerals (Palu). Palu has Contract of Work rights to a 138,889 hectare mining concession in Central Sulawesi and South Sulawesi, Indonesia.

Palu’s contract area consists of 6 separate blocks, of which the Poboya gold prospects is the most promising. Palu expects that the JORC resource estimate to be completed soon.