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Nusantara Resources Limited

Nusantara Resources Limited is an Australian mining company which is focussed on growing shareholder value by developing and operating gold projects within the Asia Pacific region. Nusantara owns a 100% interest in the Awak Mas Gold Project, located in the Luwu Regency of South Sulawesi Province, Indonesia.

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Through its subsidiary, PT Freeport Indonesia (PT FI), FCX mines one of the worlds largest copper and gold deposits in the Grasberg minerals district in Papua, Indonesia. In addition to copper and gold, PT FI produces silver. PT FI operates in the remote highlands of the Sudirman Mountain Range in the province of Papua, Indonesia, which is on the western half of the island of New Guinea.

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Grasberg mine

The Grasberg mine is the largest gold mine and the second largest copper mine in the world. It is located in the province of Papua in Indonesia near Puncak Jaya, the highest mountain in Papua.It has 19,500 employees. It is mostly owned by Freeport McMoRan (FCX), which owns 48.74% of PT Freeport Indonesia (PT FI), the principal operating subsidiary in Indonesia, including 9.36% owned through

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