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September 9, 2021

Five largest gold mines in Indonesia in 2020

By Carmen

Here are the five largest gold mines by production in Indonesia, according to GlobalData’s mining database.

1. Grasberg Block Cave Mine

The Grasberg Block Cave Mine is a underground mine located in Papua. It is owned by Inalum and produced an estimated 622.929 Thousand Ounces of gold in 2020. The mine will operate until 2041.

2. Deep Mill Level Zone Mine

Located in Papua, the Deep Mill Level Zone Mine is owned by Inalum. The underground mine produced an estimated 585.784 Thousand Ounces of gold in 2020. The mine will operate until 2041.

3. Martabe Project

The Martabe Project is located in North Sumatra. It is owned by United Tractors and produced an estimated 390.942 Thousand Ounces of gold in 2020. The mine will operate until 2034.

4. Deep Ore Zone Underground Mine

The Deep Ore Zone Underground Mine, owned by Inalum, is an underground mine located in Papua. The mine produced an estimated 334.385 Thousand Ounces of gold in 2020. The mine will operate until 2023.

5. Toka Tindung Gold Project

Owned by Rajawali Corp, the Toka Tindung Gold Project is a surface mine located in North Sulawesi. It produced an estimated 242.197 Thousand Ounces of gold in 2020.

Methodology: This information is drawn from GlobalData’s mines and projects database, which tracks all operating and developing mines and projects globally. Verdict’s parent company GlobalData provides business information to 4,000 of the world’s largest companies.

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