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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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Gold extraction refers to the processes required to extract gold from its ores This may require a combination of comminution mineral processing hydrometallurgical and pyrometallurgical processes to be performed on the ore Gold mining from alluvium ores was once achieved by techniques associated with placer mining such as simple gold panning and sluicing resulting in direct recovery of

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