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The Aurora Gold Mine is the Company's flagship mine which reached commercial production January 1 2016 2019 Guidance • Prior guidance does not reflect current operating realities experienced in the mine sequence and operational constraints imposed by smaller benches and reduced working faces
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Separatist rebels killed a New Zealand national working at a giant gold and copper mine operated by U S -based Freeport-McMoran in Indonesia's Papua province and wounded two Indonesian employees during an attack on Monday police said
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The Martabe gold mine which covers 1 303 square kilometers in South Tapanuli produces about 350 000 tons of gold a year It booked $150 million in net income last year According to Agincourt Resources annual report Martabe which is one of Indonesia's largest gold mines has a potential reserve of up to 4 5 million tons of gold
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The Indonesian gold and silver producer PT Agincourt Resources (PTAR) has chosen 's energy efficient grinding technology to be used at the company's Martabe gold mine in Sumatra The Vertimill VTM-4500 stirred mill is the largest of its kind to be installed in Indonesia
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"We are very pleased to successfully close the financing of the Tujuh Bukit Gold Mine Project an important milestone in the development of our company SG CIB's commercial approach and in-depth experience in understanding and navigating Indonesian laws and regulations was instrumental in achieving our mining project finance " said David Fowler CFO PT Merdeka Copper Gold Tbk
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Martabe is expected to produce 250 000oz of gold and approximately 2 to 3Moz of silver a year at a cash cost of less than $250/oz of gold Martabe's total capital cost is estimated at $576m By May 2011 around $314m had been invested in the development of the mine Contracts
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Nusantara Resources Limited is an Australian mining company which is focussed on growing shareholder value by developing and operating gold projects within the Asia-Pacific region Nusantara owns a interest in the Awak Mas Gold Project located in the Luwu Regency of South Sulawesi Province Indonesia
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See our interactive gold mining map for gold production per country in 2016 Overall levels of mine production have grown significantly over the last decade although substantial new discoveries are increasingly rare and production levels are increasingly constrained Gold mining and mine production does not respond quickly to prices
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The Grasberg mine is the largest gold mine and the second largest copper mine in the world It is located in the province of Papua in Indonesia near Puncak Jaya the highest mountain in Papua It has 19 500 employees It is mostly owned by Freeport-McMoRan (FCX) which owns 48 74% of PT Freeport Indonesia (PT-FI) the principal operating subsidiary in Indonesia including 9 36% owned through
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The Martabe gold mine which covers 1 303 square kilometers in South Tapanuli produces about 350 000 tons of gold a year It booked $150 million in net income last year According to Agincourt Resources annual report Martabe which is one of Indonesia's largest gold mines has a potential reserve of up to 4 5 million tons of gold
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We are an Indonesian owned intermediate gold producer as measured by global output We produce ~200 000oz per annum derived mainly from our operating Indonesian assets We operate mine and understand low grade-gold deposits and heap leach systems We are J Resources the Leading National Gold Producer of Indonesia - learn more about us
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Sangihe Gold Project Project Highlights (Indonesia) and south tip of Mindanao (Philippines) East Asia has a 70% working interest in the tenements and is the operator with three Indonesian companies own the remaining 30% interest combined The Company's focus is on Block II
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Small-scale gold mining is the largest source of mercury emissions caused by humans accounting for more than 35 percent of the global total according to the U N Environmental Program Mercury use is widespread in the Philippines and Indonesia where child labor is common and small-scale gold
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A Chinese mining-exploration company is in advanced discussions to acquire an Indonesian gold and silver mine for around $1 5 billion according to people familiar with the matter Pengxin International Mining Co 's deal for the Martabe gold mine one of Indonesia's largest hasn't been finalized but a $1 5 billion price tag would represent a doubling in its value from two years ago
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Through its subsidiary PT-FI 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 PT-FI produces silver FCX has a 48 76 percent interest in PT-FI and manages its mining operations PT-FI's results are consolidated in FCX's financial statements
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Indonesia is home to the world's largest gold mine and the second largest copper mine The Grasberg Mine is located in the Papua Province near the largest mountain in Papua known as Puncak Jaya The mine's primary owner is mining giant Freeport-McMoran and the company employs nearly 20 000 workers at the mine
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Indonesia grew 20 percent Kazakhstan 29 percent This year global production is expected to level out as project development budgets were slashed during the three-year gold bear market But with gold prices rebounding miners are in a good position to be much more profitable Below explore and discover the world's top 10 gold producing mines
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North Sulawesi confronts Jakarta over MSM gold gold mine project is now in doubt after strong opposition to Meares Soputan Mining's plans to build an open pit gold mine in a sensitive coastal area and dump mine waste into Rinondoran Bay A major blow came when an environmental hearing in August 2006 forced the company to alter its
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Mining in Indonesia Tax and Investment Guide 1 Overview of the Indonesian Mining Industry Indonesia continues to be a significant player in the global mining industry with significant production of coal copper gold tin and nickel Indonesia also remains among the world's largest exporters of thermal coal
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As gold production in Indonesia - by far - outpaces domestic gold demand most of production is shipped abroad However the Indonesian government is currently stimulating the establishment of national processing industries in order to increase profits by exporting products that have added value while preventing the current over-exploitation of the country's national resources
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Forum Energy Technologies has secured an order from PT Amman Mineral Nusa Tenggara (Amman Mineral) to supply one of its observation class remotely operated vehicle (ROVs) to support operations at Indonesia's second largest copper and gold mine
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