Freeport's Gold Production This Year Reaches 1.6 Million Ounces: https://www.cnbcindonesia.com/news/20221227140540-4-400510/produksi-emas-freeport-tahun-ini-tembus-16-juta-ons/27 December 2022
PT Freeport Indonesia (PTFI) estimates that gold production by the end of 2022 can reach 1.6 million ounces (oz). This means that gold production in 2022 will increase by 23% compared to gold production in 2021 which was recorded at 1.3 million ounces. Meanwhile, PTFI's copper concentrate production in 2022 is estimated to reach 1.6 billion pounds, up 14% compared to copper production in 2021 which amounted to 1.4 billion pounds.
PTFI produces 190 thousand tons of copper ore per day and processes it to produce 1.6 billion pounds of copper concentrate. "190 thousand tons of (copper) ore per day are processed, and this year it can produce 1.6 billion pounds (pounds) of copper and 1.6 million ounces (ounces) of gold and it looks like it will be achieved," he told CNBC Indonesia in Mining Zone , quoted Tuesday (27/12/2022).
https://www.suara.com/bisnis/2021/12/12/210326/produksi-tambang-emas-freeport-2021-meningkat-dibanding-tahun-lalu/12 December 2021
Freeport's 2021 Gold Mine Production Increases Compared to Last Year:
Director of PT Freeport Indonesia Claus Wamafma said the production of copper and gold ore mining companies operating in Mimika Regency, Papua Province, this year is much higher than 2020. "In terms of production, hopefully by the end of the year we can achieve the planned target. last year, of course this year is much better," said Claus in Timika, Sunday (12/12/2021).
PT Freeport is grateful for the support of all stakeholders, including employees, the community around the mining site, the government and the TNI-Polri who provide full support for the sustainability of the mining company's operations. In terms of work safety, this year there were no reports of fatal cases in Freeport's mining operations leading to death.
Gold and Silver Mining in Indonesia
Indonesia Industry Report and Market Research
August 15, 2023
Industry Code : B2326
Forecast to : 2027
Definition
Gold and Silver Mining in Indonesia Mining and extraction of gold and silver ore; The activities of purifying, raising the quality and sorting gold and silver, which cannot be separated from the mining of the ore.
Activities
The primary activity of firms in this industry is:
The Gold and Silver Mining industry in Indonesia research report contain trend analysis, statistics, market size information, industry growth rates as well as major competitors.
Major market segments are identified and also those forces affecting demand and supply within this industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information DIS also provides 5 year forecasts for this industry.
The comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.
