Indonesia has launched its first bullion banks in a bid to draw tons of privately held gold into the financial system of Southeast Asia’s largest economy.
Indonesia is considering raising royalties paid by mining companies from commodities like coal, nickel, copper, gold and tin.
Gold mining has been a cornerstone of global economies for centuries, fueling industries and driving financial markets.
The mine is also one of the biggest copper mines globally, with the ore extracted from it containing high grades of both ...
Seven gold miners were killed, and six others sustained serious injuries after a landslide struck an illegal gold mine in ...
Indonesian President Prabowo Subianto launched two "bullion banks" on Wednesday that will provide gold deposit services to ...
Two state-owned enterprises (SOEs) will be its first and major players, namely state-owned pawnbroker PT Pegadaian, a ...
Indonesia, which is among the top 10 gold producers globally, has launched two bullion banks. They will provide gold deposit ...
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