Borneo Oil to look for gold in Pahang


An internal study by Prof Li Szehuan of Champmark had estimated a potential of 30 tonnes of both indicated and inferred gold reserves.

KUCHING: Borneo Oil Bhd plans to invest up to RM15mil in a new plant and equipment, as well as exploration works, in its new venture in gold-mining activities in Pahang.

Executive director Raymond Teo Kiew Leong said wholly-owned unit Borneo Oil & Gas Corp Sdn Bhd (BOG) had installed and commissioned the first phase of a mining plant and equipment last month.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Business , Gold

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