Established in 1998
Business Type Gold mining
Operation area South Sulawesi, IndonesiaVisit Website
NUSANTARA RESOURCES LTDA gold mining investment company
Nusantara Resources Limited (Nusantara) owns a 7th-generation Contract of Work (CoW) signed with the Government of Indonesia in 1998 for the Awak Mas gold project in Sulawesi. The CoW covers an area of 14,390 hectares and is held by Nusantara’s wholly% owned local subsidiary, PT Masmindo Dwi Area, and is valid through 2050.
The Awak Mas gold project has potential resources of 2.35 million onz and potential reserves of 1.53 million onz. Indika Energy’s total direct and indirect ownership in Nusantara amounts to 27.8%.
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