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    Indonesia’s Gold Production was reported at 160,000.000 kg in Dec 2019. This records an increase from the previous number of 135,000.000 kg for Dec 2018. Indonesia’s Gold Production data is updated yearly, averaging 89,318.500 kg from Dec 1990 to 2019, with 30 observations. The data reached an all-time high of 166,091.000 kg in 2001 and a record low of 11,200.000 kg in 1990.

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    The key natural resources of the country include silver, coal, fertile soils, natural gas, petroleum, gold, bauxite, tin, copper, timber and nickel. Indonesia is a globally leading exporter of tin and thermal coal. The mining industry in the country makes up 11.9% of its GDP. In 2010, foreign investment in the mining sector exceeded $2.2 billion.

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    “Welcome to the tenth edition of PwC Indonesia’s Mining in Indonesia: Investment and Taxation Guide. Since the Law on Mineral and Coal Mining No. 4 of 2009 (the “Mining Law”) was promulgated, various implementing regulations, including a number of amendments, have been issued by the Government in pursuing the goals of the Mining Law.

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    The Grasberg mine is the largest gold mine and the second largest copper mine in the world. It is located in the province of Papua in Indonesia near Puncak Jaya, the highest mountain in Papua.It has 19,500 employees. It is mostly owned by Freeport-McMoRan (FCX), which owns 48.74% of PT Freeport Indonesia (PT-FI), the principal operating subsidiary in Indonesia, including 9.36% owned through ...

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    Dec 30, 2019· TALIWANG, Indonesia — The wildcat miner had something to prove: Processing gold ore with liquid mercury was perfectly safe. So he drank some of the toxic chemical, choosing the promises of gold ...

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    The American mining company Freeport-McMoRan has brought the world's biggest gold mine, in the Indonesian province of West Papua, to a standstill. The corporation is butting heads with the ...