Indonesia Gold

Indonesia Country Studies index

Indonesia - Gold

Gold

Most gold production officially reported in government statistics was a byproduct of Freeport Indonesia's copper mining. In 1989 total official gold production was about 6,000 kilograms, of which about 4,000 kilograms was extracted by Freeport Indonesia with a 15,000 kilogram production expected by the end of 1992. However, a large number of small-scale mining operations in Kalimantan may have produced as much as 18,000 kilograms of gold in 1989. Many of these small mines were operated illegally on foreign concessions. In 1989 there were approximately eighty foreign contractors with concessions for gold exploration, primarily in Kalimantan, but only a small number had producing mines.

 
You can read more regarding this subject on the following websites:

Gold Mining in Indonesia - Indonesian Gold | Indonesia
Gold Price Indonesia
Indonesia Gold Reserves | 2000-2018 | Data | Chart
Grasberg mine - Wikipedia
Indonesia Gold Price Live - 24-hour (gold prices in


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