Gold Sales Realization Sluggish, Down 27.5% in 2021

Indonesia is a country rich in natural resources, one of which is gold. The Ministry of Energy and Mineral Resources (ESDM) recorded gold sales of 17.79 tons in 2021. This figure is down 27.5% from the previous year's 24.53 tons.

From 2017 to 2021, gold sales were sluggish and continuously declined. The highest sales were recorded in 2018, reaching 128.56 tons. Sales in 2021 were the lowest.

Meanwhile, gold production in 2021 reached 24.88 tons. This figure is down 13.85% from the previous year's 28.88 tons.

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).

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