Indonesia's gold production has been steadily declining over the past 10 years. Records from the Mineral Production Operations Business Supervision Division of the Ministry of Energy and Mineral Resources (ESDM) estimate that 2015 production reached only 46 tons, down from 56 tons in 2013. This production figure is more than 50 percent lower than the pre-2010 output, which exceeded 100 tons per year.
Despite the continuous decline, gold remains categorized as a major mineral commodity alongside nickel, bauxite, tin, silver, and chromium. The government is even encouraging the development of domestic value addition within the mineral-based industry.
According to the ESDM, Indonesia's annual gold consumption ranges from 20 to 30 tons. Gold consumption statistics were released for the period 2009-2012. The highest domestic consumption was recorded at 33 tons in 2009, while the lowest was 19 tons in 2011.
"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."