Mining investment

Investing in gold mining in Indonesia

Gold mining in Indonesia, from the register: 111 permits held by 101 companies over 1,209,646 hectares. Below: who holds the largest, where, and how much foreign ownership is already recorded.

Full list of gold minesGold for sale (1)

Permits on record

111

Companies

101

Total area (ha)

1,209,646

With foreign shareholders

25

Foreign ownership on record in gold

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

Largest gold permit holders

#CompanyTypeArea (ha)RegencyProvince
1Agincourt ResourcesKK130,252Kabupaten Tapanuli TengahSumatera Utara
2Iriana Mutiara IdenburgKK95,280Kabupaten KeeromPapua
3Citra Palu MineralsKK85,180Kabupaten DonggalaSulawesi Tengah
4Sorikmas MiningKK66,200Kabupaten Mandailing NatalSumatera Utara
5Pelsart Tambang KencanaKK62,500Kabupaten Tanah BumbuKalimantan Selatan
6Kalimantan Surya KencanaKK39,443Kabupaten KatinganKalimantan Tengah
7J Resources Bolaang MongondowKK38,150Kabupaten Bolaang MongondowSulawesi Utara
8Gayo Mineral ResourcesIUP34,550Kabupaten Gayo LuesAceh
9Tambang Tondano NusajayaKK30,848Kabupaten Minahasa UtaraSulawesi Utara
10Nusa Halmahera MineralsKK25,852Kabupaten Halmahera UtaraMaluku Utara

Investor questions

How many gold permits are there in Indonesia?
The register records 111 permits held by 101 companies, covering 1,209,646 hectares.
Is foreign ownership present in Indonesian gold mining?
Of 74 holders whose ownership the register records, 25 list at least one non-Indonesian shareholder, with the largest single non-WNI stake at 99.50%. The rules come from the regulations, not from us.
Can I take over a gold permit?
A permit transfer is a regulated act filed with the authorities, not a private sale. The register shows who holds what and what their corporate structure is, which is where diligence starts.
Are there gold assets for sale right now?
The marketplace currently publishes 1 gold asset offered by their holders.

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Source: the government permit registry and its shareholder records. Teramine is not a regulator and does not give legal or investment advice.

Mining investment & acquisition in Indonesia