Indonesia's Gold Production Realization Down 13.85% in 2021

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Monavia Ayu Rizaty 06/01/2022 11:40 WIB

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The Ministry of Energy and Mineral Resources (ESDM) recorded gold production of 24.88 tons in 2021. This figure is down 13.85% from the previous year's 28.88 tons.

Gold Production Realization in Indonesia (2016-2021)

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Indonesia's Gold Production Realization Down 13.85% in 2021

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Gold Production Realization in Indonesia (2016-2021)

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Indonesia is a country rich in natural resources, one of which is gold. The Ministry of Energy and Mineral Resources (ESDM) recorded gold production of 24.88 tons in 2021. This figure is down 13.85% from the previous year's 28.88 tons.

Gold production in 2020 saw a drastic decrease compared to 2019. Gold production in 2020 was only 28.88 tons, a decrease of 73.5% from 109.02 tons in 2019.

The Ministry of Energy and Mineral Resources (ESDM) explained that the decrease in gold production in 2020 was due to the impact on production activities at PT Freeport Indonesia. This was related to the transition from open-pit mining to underground mining.

Gold mining is a crucial industry in national economic growth. In Indonesia, there are at least five giant gold mines spread across several regions.

These five gold mines include Grasberg (Papua), Tujuh Bukit (Banyuwangi), Gosowong (North Sulawesi), Batu Hijau (West Nusa Tenggara), and Martabe (North Sumatra).

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."