TIMIKA (HRNW) – With the coronavirus devastating jobs across the country, desperate Indonesians are flocking to illegal gold mines as the soaring price of the precious metal overrides the risk to their lives and the environment.
Spooked by the economic destruction wrought by the pandemic, consumers and investors around the world have been snapping up gold, which is seen as a hedge against volatility, sending its price to a record above $2,000 an ounce last month.
The surge in demand has fuelled a boom in mineral-rich Indonesia’s illegal mining industry, with workers ignoring the threat of arrest, mercury poisoning or being caught in the middle of gun battles.
Father-of-two Mustafa is among the hundreds who play a daily game of cat-and-mouse with authorities in the restive Papua region as they pan for nuggets in a river near US-based Freeport’s sprawling Grasberg site — one of the world’s biggest gold mines.
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