Gold miners surge Enjoy Small World Gold Prices

Small-scale gold miners or gold miners of the people claimed to enjoy the world gold price hikes creeping up lately. This gold miners could reap an average profit of Rp 30 million per day.

This was conveyed by the Chairman of the Association of Gold Pertambagan Rakyat Indonesia (Asperi) Shamsuddin Said to detikFinance, Monday (13/12/2010).

"The prospect, the miners happy, industrious added to mine," he said.

He said the current members of the gold miners of the people scattered in 15 provinces. The number reached more than 100,000 people operating in mining areas throughout Indonesia.

Said added the gold miners of the people really are enjoying a peak period. In addition, there are many barriers to licensing in local government, as well as the condition of conflict among gold miners are relatively small.

"Usually there's turmoil, they fight each other, now relatively nothing," he explained.

Said said that in the case of gold mining in Palu, Central Sulawesi people's average daily total gold miners in Palu could produce 20-30 kilograms of gold per day. This is thought to be driving the economy in the surrounding community.

"In Central Sulawesi 20-30 kg per day, but not yet 24 carat gold 18 carat gold, the price of Rp 300,000," he said

He said the average daily individual gold miners can get 100 grams of gold. It depends on the amount of gold processing equipment including drum material that is the crusher, as well as the penambangnya luck finding sites that have a large deposit.

"One miner dependent well, one drum can produce 3-4 grams. The average gets 100 grams when multiplied by the current prices can be USD 30 million," he explained.

He said although gold miner named after people, but to plunge into the business of gold mining should at least have a capital of USD 100-500 million. According to the most decisive of this business is the production cost is so high.

"The advantage stretched once, gains approximately 70%," he said.

He said that in the case of gold mining in Palu, Central Sulawesi, the decline until recently the government was not too hard on people's gold miners. Provided that the gold miners did not damage the environment by avoiding use of dangerous substances such as mercury.

He also admitted bluntly, many members have not contributed tax revenues. He was grounded because gold mining is more individual people, including in terms of permissions.

"Just to report to the village chief and the head of customs. They are monitored by the government. Donation (tax) to local governments is almost not there, there should be," he said.

Although gold mining should be recognized problem these people often get criticism from environmental NGOs because of fragile environmental damage in their production processes.

Reported earlier peak in gold prices has been reached on December 7, 2010 ago when the price through U.S. $ 1,430.90 an ounce. This price is the price expected to peak this year, and subsequently the price of gold will be in a neutral position and entered the consolidation phase

Source..: detik finance