List of Indonesia's Largest Gold Producing Companies

Based on data from the 2020 Gold and Silver Mining Booklet, the largest gold producer in Indonesia is PT Antam (Persero) through its Precious Metal Processing and Refining Business Unit (UBPP LM). The Ministry of Energy and Mineral Resources (ESDM) recorded that PT Antam, through UBPP LM, produced 44.13 tons of gold in 2019.

In addition to its high production, Antam's gold sales were also outstanding. UBPP LM PT Antam exported 17.6 tons of gold overseas, while 13.7 tons were sold to domestic consumers.

PT Antam's achievement surpassed PT Freeport Indonesia in the list of Indonesia's largest gold companies in terms of production output. PT Freeport recorded gold production of 28.01 tons.

PT Agincourt Resources was in third place with gold production of 12.17 tons. Following this was PT Tambang Tondano Nusajaya with gold production of 6.8 tons.

Below is a list of the 15 largest gold producing companies in Indonesia:

1. PT Antam (Persero) Tbk (UBPP Logam): 44.13 tons
2. PT Freeport Indonesia: 28.01 tons
3. PT Agincourt Resources: 12.17 tons
4. PT Tambang Tondano Nusajaya: 6.80 tons
5. PT Nusa Halmahera Minerals: 5.10 tons
6. PT J Resources Bolaang Mongondow: 2.60 tons
7. PT Indo Muro Kencana: 1.92 tons
8. PT Amman Mineral Nusa Tenggara: 1.73 tons
9. PT Bumi Suksesindo: 1.56 tons
10. PT Antam (Persero) Tbk (UBPE Pongkor): 1.42 tons
11. PT Meares Soputan Mining: 1.33 tons
12. PT Natarang Mining: 0.9 tons
13. PT Kasongan Bumi Kencana: 0.86 tons
14. PT Sago Prima Pratama: 0.49 tons
15. PT Sultan Rafli Mandiri: 0.01 tons