Gold mining companies are active on all continents on earth. This wide geographical distribution in production means that interruptions in any single region due to local political or social matters are unlikely to have a large impact on the global gold supply.
PT. NUSA HALMERA MINERALS is a gold mining company that focuses on producing and trading gold. In 2018, PT. Nusa Halmera Minerals was listed as one of the best performing stocks in Indonesia with an increase of 24% from 2017 to 2018.
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Currently, Indonesia produces around four percent of global gold production, half of which originates from the giant Grasberg mine, the world largest gold mine, on the western half of Papua. This mine, which is believed to contain the worlds largest gold reserves , is majority owned by the American company Freeport McMoRan Copper Gold Inc. and makes it the largest taxpayer to the Indonesian government. Gold, the most malleable or ductile metal, is regarded as a precious metal due to its texture, density and high melting points. Gold mining companies are active on all the populated continents on Earth. This wide geographical distribution in production means that interruptions in any single region due to local political or social matters are unlikely to have a large impact on the global gold supply. Apart from gold production through mining, recycling of gold has only increased after a large drop after great financial crisis in late 200039;s. Source: USGS
One of Indonesias most prolific gold producing areas is Sumatra and West Java. This map shows the numerous mines in this emerging world class gold province.