Home – PT Merdeka Copper Gold Tbk

PT Merdeka Copper Gold Tbk produces gold, silver, copper, and minerals essential for the advancement of human life. Together with our subsidiaries spread across various islands in Indonesia, we set the highest standards in environmental, social, …

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INDONESIA

Through its subsidiary, PT-FI, FCX mines one of the world's largest copper and gold deposits in the Grasberg minerals district in Papua, Indonesia. In addition to copper and gold, PT-FI produces silver. FCX has a 48.76 percent interest in PT-FI and manages its mining operations. PT-FI's results are consolidated in FCX's financial statements.

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Gold Mining

PT Archi Indonesia Tbk owns gold mining business through its wholly-owned subsidiaries, PT Meares Soputan Mining (MSM) and PT Tambang Tondano Nusajaya (TTN), both which are the holders of the Contract of Works (CoWs) …

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Key Investment Highlights – Archi Indonesia

Archi Indonesia is one of the largest pure-play gold producers in Indonesia and Southeast Asia. Headquartered in Jakarta, Archi Indonesia is majority owned by PT Rajawali Corpora, a leading investment holding company in Indonesia with various business portfolio in multi-industry and proven track record of building world class operation and creating shareholders' value.

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Indonesia

This is reflected in the country's lack of major gold, copper and nickel discoveries in the last decade. While Indonesia's copper and gold reserves are expected to last for the next 20 years, estimates show it takes 21 years to bring mining assets in the country from first discovery to declaring operations.

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Indonesia | planetGOLD

Indonesia's Approach. To protect human health and the environment, the planetGOLD Indonesia project worked to reduce and, where possible, eliminate mercury use in the ASGM sector by strengthening institutions and regulatory frameworks; increasing mining communities' access to the financing needed to purchase mercury-free processing technologies; providing technical …

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Indonesia: Five Largest Gold Mines in 2021

Grasberg Block Cave Mine in Papua, was the largest gold-producing mine in Indonesia, producing approximately 668 thousand ounces of gold and an estimated 26.4 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) in 2021. The Grasberg Block Cave Mine is owned by PT Inalum, and is due to operate until 2041. The second largest gold-producing mine with an estimated …

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Five largest gold mines in Indonesia in 2020

The mine produced an estimated 334.385 Thousand Ounces of gold in 2020. The mine will operate until 2023. 5. Toka Tindung Gold Project. Owned by Rajawali Corp, the Toka Tindung Gold Project is a surface mine located in North Sulawesi. It produced an estimated 242.197 Thousand Ounces of gold in 2020. Methodology:

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Portrait of the Gold Mining Sector in Indonesia

The 2009 Mining Law (Law No. 4 of 2009 on Mineral and Coal Mining): This law requires foreign-owned mining companies to gradually divest shares to Indonesian entities, aiming for at least 51% Indonesian ownership 10 years after production commences. It also mandates the processing and refining of mineral ores within Indonesia.

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Indonesia

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 …

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Top 10: US-based mining companies

01 Freeport-McMoRan. Market cap: $59.66bn Freeport-McMoRan Inc. is a mining company that explores, develops, and produces copper, gold, and molybdenum. The company is headquartered in Phoenix, Arizona, USA, and has mining operations in North and South America, Indonesia, and Africa.

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Gold Mining

PT Archi Indonesia Tbk owns gold mining business through its wholly-owned subsidiaries, PT Meares Soputan Mining (MSM) and PT Tambang Tondano Nusajaya (TTN), both which are the holders of the Contract of Works (CoWs) of the 40,000 hectares of mining concessions located in North Sulawesi, Indonesia.

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Gold Mining in Indonesia

Indonesia's largest gold mines are located in: 1. Papua 2. Sumbawa 3. East Kalimantan 4. Central Kalimantan. As gold production in Indonesia - by far - outpaces domestic gold demand, most of production is shipped abroad.

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