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Indonesia's Antam pays $66.5mln for Oxiana gold stake

Wed Jul 2, 2008 9:26pm EDT

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SYDNEY, July 3 (Reuters) - Indonesia's Pt Antam Tbk (ATM.AX) (ANTM.JK) will pay $66.5 million for a 10 percent interest in Australia-listed Oxiana Ltd's OXR.AX Martabe gold and sliver mining project in North Sumatra, Oxiana said on Thursday.

Antam also has the option to acquire a further 10 percent for another $66.5 million, Oxiana said. (Reporting by James Regan)



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