PT Archi Indonesia Tbk (ARCI), in the first semester of 2021, posted consolidated revenues of US$142.35 million, an increase of 9.44% compared to the same period last year of US$130.07 million.

Archi President Director Kenneth Ronald Kennedy Crichton said the increase was supported by the rise in the average selling price of gold to US$1,802 per ounce compared to the same period last year of US$1,656 per ounce.

"The company's positive performance in the first half of this year was supported by higher gold prices compared to the same period last year," in a statement in Jakarta, Monday (2/8).

Currently, according to Kenneth, his party is focusing on increasing exploration activities at the Toka Tindung Gold Mine, which is operated by the company's subsidiaries, namely PT Meares Soputan Mining (MSM) and PT Tambang Tondano Nusajaya (TTN), both in the East Corridor and West Corridor.

"The goal is to accelerate the discovery