Borneo Oil to invest more in Pahang


KUCHING: Borneo Oil Bhd, which is expected to commence gold mining activities soon in a second area in Pahang, plans to invest an additional RM40mil to step up its mining operations in the state.

According to executive director Raymond Teo Kiew Leong, land clearing is underway and mining equipment is being mobilised to facilitate the mining of alluvial gold and tailings at Bukit Ibam, Rompin district, in the current quarter.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Borneo oil

   

Next In Business News

Yinson Production secures US$1bil investment from consortium of international investment firms
Oriental Kopi IPO oversubscribed by 59.96 times
FBM KLCI finishes 0.58% lower, hitting six-month low
Sunway Property appoints Chung Soo Kiong as new managing director
StanChart forecasts ringgit to strengthen to 4.40 against US dollar by end-2025
China Dec new bank loans rise to 990 bln yuan, beating expectations
Malaysia’s 2025 growth steady at 5.0%, ringgit outlook positive
Dollar drifts near 2-year high as rate-cut bets fade, eyes on tariffs
Malaysia says EU deforestation law presents challenges, opportunities for palm industry
AI dominant in funding investments

Others Also Read