Abstract
The Indonesian government has traditionally relied upon revenues generated from petroleum and natural gas exports to fund most of the nation's development expenditures. However, because of recently depressed energy prices, increased domestic consumption of petroleum, and a rapidly growing population, future revenues from Indonesia's energy sector may not be sufficient to sustain economic growth and development. This paper presents an assessment of all undiscovered mineral resources in Indonesia by province. In addition to hydrocarbons, study results indicate that Indonesia may be well-endowed in nonfuel mineral resources, particularly in Timor, Nusa Tenggara, Irian Jaya, and Moluccas. It is concluded that the Indonesian government should begin to accelerate development of the nation's nonfuel mineral resource base as a means of diversifying away from petroleum and natural gas.
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