The highest production of gold in the past ten years was in 2005, when it reached 143 tons.
Jakarta (ANTARA News) - Indonesia had set a target for gold production in 2014 at 87 tons, which is up 47.5 percent from last years production of 59 tons.

The Director of Minerals in the Ministry of Energy and Mineral Resources, Dede Suhendra, said here on Wednesday in the past 10 years gold production had been fluctuating.

"This year gold production is planned at about 87 tons," he said.

He added that the highest production of gold in the past ten years was in 2005, when it reached 143 tons.

In 2004, gold production was 93 tons, in 2005 it was 143 tons, in 2006 it was 85 tons and in 2007 it rose to 118 tons.

In 2008, it was 64 tons, in 2009 it was 104 tons, in 2010 it was 104 tons, in 2011 it was 76 tons, in 2012 it was 75 tons and in 2013 it was 59 tons.

According to the ministrys geology agency, gold metal reserve in 2012 was reported to be 2,773 tons, with gold ore at 3.2 million tons. Gold resource, meanwhile, was 7,215 tons (metal) with gold ore at 7.7 million tons.

Dede said tin production in 2014, meanwhile, is projected at 88,000 tons, which is the same as in 2013.

Copper production is likely to be 640,000, up by 450,000 from last years.

Production of nickel, bauxite, iron and iron sand is projected to drastically drop, following the implementation of Law Number 4 of 2009 on minerals and coal mining as of January 12, 2014, that banned exports of raw materials.

Nickel ore production in 2014 is planned at only 3.5 million tons, down from 60 million tons in 2013.

Production of bauxite, meanwhile, is likely to be only one million tons, down from 56 million tons in 2013.

Production target of iron ore and iron sand is set at only seven million tons, down from 19 million tons in 2013.(*)

Editor: Heru Purwanto
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