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Gold Mining in IndonesiaSep 15, 2021 · Gold Production in Indonesia. Currently, Indonesia produces around four percent of global gold production, half of which originates from the giant Grasberg mine, the world largest gold mine, on the western half of Papua. This mine, which is believed to contain the world's largest gold reserves ( million ounces), is majorityowned by the ...
INDONESIA | FreeportMcMoRanThrough its subsidiary, PTFI, FCX mines one of the world's largest copper and gold deposits in the Grasberg minerals district in Papua, Indonesia. In addition to copper and gold, PTFI produces silver. FCX has a percent interest in PTFI and manages its mining operations. PTFI's results are consolidated in FCX's financial statements.
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