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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 FreeportMcMoRan FCX which owns 48 74 of PT Freeport Indonesia PTFI the principal operating subsidiary in Indonesia including 9 36 owned through

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Rising wealth fosters demand for technology and luxury products securing a lasting demand for gold However if you want to run a sustainable business you need a more economically viable mean of extracting gold from existing reserves as well as from refractory lowgrade ores

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Gold Mining And Prospecting In Indonesia oct 06 2015 also read the philippines rich untapped gold mining areas other important gold mines in indonesia another mine that is one of the largest in indonesia is martabe mine It is situated in indonesias west in sumatra

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Dec 30 2019 About one million smallscale gold miners operate across Indonesia the worlds largest island nation and the outlaw industry presents a vexing paradox for the country

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May 24 2016 Smallscale gold mining began to take hold in Indonesia after the 1998 fall of Suharto its longtime military ruler and has flourished in an ensuing era of lax governance

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