Gold mining in Indonesia

Regulations governing this commodity

• Keputusan Menteri Energi dan Sumber Daya Mineral Nomor 1825 K/30/MEM/2018 tentang Pedoman Pemasangan Tanda Batas Wilayah Izin Usah
• Peraturan Menteri Energi dan Sumber Daya Mineral Nomor 33 Tahun 2015 tentang Tata Cara Pemasangan Tanda Batas Wilayah Izin Usaha P

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Buyer questions, answered

How much Gold mining is there in Indonesia?

The register records 101 companies holding 111 Gold permits, covering 1,209,646 hectares.

Where is Gold mined in Indonesia?

Across 10 provinces; the largest by recorded area are Sumatera Utara (196,815 ha), Sulawesi Selatan (123,906 ha), Kalimantan Tengah (107,894 ha). Each province in the list above links to its regional page.

Is foreign ownership present in Indonesian Gold mining?

Of the 74 permit holders whose ownership the register records, 25 list at least one shareholder who is not an Indonesian citizen (WNI). The largest non-WNI stake recorded is 99.50%. Holdings are recorded from Singapore, Australia, British Virgin Islands, Cayman island, Hongkong. Entities whose ownership the register does not record are not counted here, and no record is not the same as no foreign ownership.

How is a Gold mining asset acquired in Indonesia?

The mechanics are set by the regulations listed above — transfer of a permit (IUP/IUPK) is a regulated act, not a private sale. Teramine is not the regulator, and this is not legal advice. Where we do sit is the process and the record: permit work for applications and renewals, the registry and company profiles for verification, and the marketplace for assets their holders have chosen to offer.