Indonesia silver mining market: Production to reach 11m ounces by 2020

Press Release   •   Feb 26, 2013 14:44 GMT

Production in the Indonesia silver mining market amounted to 8.9 million ounces in 2011, with West Java, North Maluku, and Lampung representing major silver producing regions in the country. Indonesian silver mine production increased from 10 million ounces in 2000 to the current level and is expected to increase further to reach 11 million ounces in 2020.

The expected increase in silver mine production is attributed to capacity expansion and increasing production at existing silver mines and the scheduled commissioning of a number of planned projects such as the Tujuh Bukit surface project covering 11,621 hectares with a pre-production capital expenditure of $203.6m, the Napal Umbar Picung project with both underground and surface mining operations in the Lampung province covering an area of 733.9 hectares, and the Dairi underground project with ore production capacity of one million metric tons (MMt) per annum covering an area of 23 thousand hectares."

This report provides a comprehensive understanding of the Silver mining industry in Indonesia. This report provides historical and forecast data on Silver mine production and primary Silver metal consumption to 2020. In addition to this, the report also includes drivers and restraints affecting the industry, profiles of major Silver mining companies, information on major active and planned mines and regulations governing the industry. This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by our team of industry experts.

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