Market Brief
Indonesia's Gold, Copper Investments Thrive, an Industrial Info Market Brief
Indonesia, one of the richest countries in mineral commodities, has found another big gold mine concession.
Released Monday, August 03, 2020
Indonesia, one of the richest countries in mineral commodities, has found another big gold mine concession. In Papua, PT Sumbawa Timur Mining (STM) has discovered gold and copper ore deposits in the Hu'u District area of Dompu Regency, West Nusa Tenggara.
STM expects to construct an underground gold mine and a processing plant for the Dompu Hu'u, with a capacity of 1.7 billion tons of ore equivalent, including 0.89% copper and 0.49 grams per ton of gold.
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