East Java, Indonesia, Has a Lot of Gold, Rivaling the Gold in Papua

INTERNATIONAL, RBTVDISWAY.ID - Gold, the softest or most malleable metal, is considered a precious metal due to its texture, density, and high melting point.

The value of its characteristics makes gold a profitable tool for use in monetary policies to this day.

Approximately 60 percent of gold production is used for jewelry, 40 percent for investment, and 10 percent for industrial purposes.

Gold's exceptional ability as a conductor of heat and electricity is why it is used in industrial equipment, ceramics, and electronic devices.

Currently, Indonesia produces approximately 4 percent of global gold production, half of which comes from the giant Grasberg mine, the world's largest gold mine, in the western region of Papua Island.

BACA JUGA:This is the Location of Gold Reserves in South Solok, Indonesia, and the Amount is Vast

The Greatest Gold Treasure in East Java

However, East Java also has a regency that is included in the list of the top five largest gold-producing regions in Indonesia.

Which regions in East Java are included in the list of the largest gold-producing regencies? Read the following review.

In 2022, Indonesia's gold production increased sharply to 100.9 tons, with the majority coming from the Grasberg mine in Mimika Regency, Papua.

Mimika Regency itself is the center of gold mining in Papua, producing 240 kilograms of pure gold daily.

This makes Indonesia a country with abundant natural resources.

If Indonesia were able to manage it independently, as a state-owned enterprise, it would undoubtedly become the richest country.

According to various sources, Indonesia's abundant gold production is not limited to Papua.

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