Prabowo Orders Evaluation of Five Mining Permits with IDR 5,400 Trillion Gold and Copper Reserves
President Prabowo Subianto has ordered the Minister of Energy and Mineral Resources to evaluate five mining business permits (IUPs) holding estimated gold and copper reserves valued at IDR 5,400 trillion (approximately US$300 billion). The President expressed concerns over the responsible management of mineral wealth and permits remaining undeveloped for decades.
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