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Jakarta Post

RI copper, gold output to fall in 2011

  • Alfian

    The Jakarta Post

Jakarta   /   Thu, January 7 2010   /  10:29 am

Source: Energy and Mineral Resources MinistryIndonesia’s copper and gold output is expected to fall by an average of 30 percent next year because of a mining site expansion plan by PT Newmont Nusa Tenggara that will temporarily reduce production capacity.The situation will extend until 2012, said director general for coal, minerals and geothermal Bambang Setiawan on Wednesday.Newmont will expand its operation at the Batu Hijau mine in West Nusa Tenggara, Indonesia’s second largest copper and gold mine.“The expansion of the mine area will [temporarily] lower [Newmont’s] production,” Bambang said.The government expects copper production to reach 1,016,949 tons this year, up from the estimated figure of 868,171 tons for 2009. But, the government estimates that total output will also drop to about 644,098 tons in 2011.As for gold, the government expects production to reach 115,998 ...