Indonesia

By Admin
Indonesia currently produces around four percent of the world&rs...

Indonesia currently produces around four percent of the world’s gold production due in large part to the Grasberg mine. It is estimated the mine contains the world’s largest gold reserves (67.4 million ounces). Large scale mining companies operating in Indonesia include: Freeport McMoran (the majority owner of Grasberg), Newcrest Mining, and Newmont Mining Corp. (partial owner of the Batu Hijau mine). There are a total of seven mines currently in operation in Indonesia.

Gold production:  89.0 tonnes annually                         Population – 246.9 million

Gold consumption: 52.9 tonnes annually                       Gross National Income – $1,188.0 billion

Unmined gold: 3,000.0 tonnes annually                         Serious conflicts reports – No serious conflicts reported

Gold production as percentage of GNI: 0.43 percent

Share

Featured Lists

Top 10 trends in mining technology

The Equinix Mining Technology Report finds miners are investing heavily in technology such as data, connectivity, telecommunications and automation

Top 10 technologies and strategies in mining

New McKinsey research identifies how deployment of new technologies can increase throughput, raise safety and reduce costs

Top 10 winning initiatives for mining CEOs

New McKinsey research outlines the key initiatives for mining CEOs navigating industry changes and the energy transition

Top 10 sexual harassment issues in Australia mining

Supply Chain & Operations

Top 10 risks for the mining industry

Supply Chain & Operations

Top 10 US mining companies

Supply Chain & Operations