Indonesia has launched its first bullion banks in a bid to draw tons of privately held gold into the financial system of Southeast Asia’s largest economy.

The Grasberg mine in Indonesia is the world's largest and richest gold mine, producing 48 tonnes of gold a year, and has ...

Seven gold miners were killed, and six others sustained serious injuries after a landslide struck an illegal gold mine in ...

The Grasberg Mine, often referred to as the largest and richest gold mine in the world, is a monumental operation producing ...

Indonesia’s sprawling nickel industry is creaking under the weight of its own success, as a production surge drags down ...

Gold mining has been a cornerstone of global economies for centuries, fueling industries and driving financial markets.

The mine is also one of the biggest copper mines globally, with the ore extracted from it containing high grades of both ...

Indonesia is considering raising royalties paid by mining companies from commodities like coal, nickel and copper, among others, its mining ministry said.

According to the reports, this mine produces approximately 48 tons of gold annually. A key feature of this mine is that, ...

JAKARTA, March 9 (Xinhua) -- Seven gold miners were killed, and six others sustained serious injuries after a landslide struck an illegal gold mine in Indonesia's eastern Maluku province, an official ...

“Indonesia is a rich country,” he said ... s top gold consumers and home to one of the world’s largest gold mines, Grasberg. Officials in the resource-rich country have viewed the rise ...

(Bloomberg) -- Indonesia’s sprawling nickel industry ... But even facilities near mines are facing difficulties, including those in the massive purpose-built industrial parks run by China ...