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This Mine Has $108 Billion in Gold and Copper and You've

18-2-2017This Mine Has $108 Billion in Gold and Copper and You've Probably Never Heard of It Freeport-McMoRan and Rio Tinto have stakes in this giant Indonesian gold and copper mine complex and what a headache that's been lately!Get price


The $100bn gold mine and the West Papuans who say

2-11-2016Today these remote sharp-edged mountains are part of West Papua Indonesia and home to the Grasberg mine one of the biggest gold mines – and third largest copper mine – in the world Majority-owned by the American mining firm Freeport McMoRan Grasberg is now Indonesia's biggest taxpayer with reserves worth an estimated $100bn (80bn) Get price



About the Site The PT Freeport Indonesia copper and gold mining complex consisting of an open-pit mine and two underground mines is located 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 Get price


Mining resumes at Freeport Indonesia copper mine

19-10-2016Mining resumes at Freeport Indonesia copper mine following fatal incident Indonesia's Coal and Minerals Director General Bambang Gatot denied earlier reports that work could halt for four days while an investigation was carried out into the death of one worker and the injury of another in a bulldozer accident Get price


Indonesia takes majority stake in Freeport

29-8-2017Indonesia will take a majority stake in US miner Freeport-McMoran's group Grasberg copper and gold mine as part of an agreement that will allow the mine to keep operating after months of bitter dispute Phoenix-based Freeport has agreed to give a 51 per cent ownership in the mine to Indonesia Get price


Indonesia Expects 2018 Deal With Freeport on Giant

29-11-2017Indonesia expects to conclude a deal with Freeport-McMoRan Inc by February that will see the U S miner shed its majority ownership of the giant Grasberg copper and gold mine The basic structure of the deal may be in place by the end of the year Get price


Freeport Indonesia copper mine access to resume after

20-8-2017TIMIKA Indonesia Aug 20 (Reuters) - Limited access to the giant Grasberg copper mine in eastern Indonesia is expected to resume on Monday its operator said after hundreds of former workers blockaded the site and clashed with police Get price


Indonesia mine nationalization shakes top copper

18-7-2018JAKARTA -- Indonesia's nationalization of a major copper and gold mine formerly run by U S metals company Freeport-McMoRan is a win for Indonesian President Joko Widodo who has been calling for the reclamation of strategic resources But the Get price


Freeport evacuating Indonesian mine worker families after

18-11-2017TIMIKA Indonesia (Reuters) - U S miner Freeport-McMoRan Inc is evacuating spouses and children of workers from its giant Indonesian copper mine after a string of shootings in the area raised security concerns The move follows efforts by Indonesian authorities on Get price


Indonesia's Ruthless Treatment Of World's

Despite some issues concerning the Indonesian government's divestment plans for the province of Papua's Grasberg mine there are growing signs that Indonesia will get its way Nevertheless Indonesia's ruthless treatment of Freeport will alert future investors This year has been unforgiving to Freeport McMoRan Inc an invaluable player Get price


Mine sparks tailings tussle in Indonesia

Even if its share dropped below 50pc Freeport as an operator could still win big – Grasberg is a stunning asset expected to produce more than 520 000 tonnes of copper in 2018 and more gold than any other mine Of course Indonesia's tailings mandate may be a negotiating tactic as some Freeport investors said they suspect Get price


Copper Mining in Indonesia

26-5-2019Most of Indonesia's copper production comes from two major mines the Grasberg and the Batu Hijau Copper-Gold Mine The Grasberg Mine Complex located in the province of Papua in Indonesia and owned primarily by PT Freeport Indonesia a subsidiary of Get price


Grasberg Gold Copper Mine ~ Mining Geology

26-4-2015Home Copper Gold Indonesia Mines Grasberg Gold Copper Mine Grasberg Gold Copper Mine Unknown 5 21 PM No comments Grasberg Gold Copper Mine It is the largest gold mine and the third largest copper mine in the world Grasberg Gold Copper Mine Location Papua Indonesia Get price


Indonesia evacuates villagers after shootings near

17-11-2017JAKARTA/TIMIKA Indonesia (Reuters) - Indonesia on Friday began evacuating villages that authorities said had been occupied by armed separatists after a string of shootings near a huge copper mine operated by Freeport McMoRan Inc Two police have been killed and at least 12 people wounded by gunfireGet price


Indonesia's finance chief says mega

12-10-2019Indonesia's finance chief said a deal to buy a controlling stake in a massive copper mine in the country could be resolved by the end of this year In August U S -based Freeport-McMoRan agreed to sell a 51 percent stake in the Grasberg mine in exchange for licenses to operate the massive copper Get price


BankTrack – Grasberg gold and copper mine

The Grasberg mine is one of the most polluting mines in the world Every day Freeport dumps 230 000 tonnes of polluted rubble in the Aghawagon river This is equivalent to 3 25 billion tonnes over the total lifetime of the mine The waste contains heavy metals such as copper arsenic cadmium and mercury killing off life in the river Get price


MINI Indonesia

Legendary racing car pioneer John Cooper had taken his hand to the iconic little car and transformed it into a champion It was the beginning of a highly successful partnership between Mini and John Cooper One whose legacy lives on to this day in MINI John Cooper Works Get price


Indonesia Mining Minerals and Fuel Resources

28-8-2012Indonesia's Grasberg mine is the third largest copper mine in the world and the largest gold mine in terms of output and size In 2009 1 444 000 ounces of gold was produced from this mine Indonesia has about 13 000 Mt of coal reserves and 400 Mt of iron ore reserves Get price


Grasberg gold and copper mine Indonesia

Grasberg gold and copper mine Indonesia About Grasberg gold and copper mine What must happen The Grasberg mine located in the indonesian province of Papua on the island New Guinea just north of Australia is being run by the mining company Freeport McMoran The Grasberg mine is the biggest goldmine and the third biggest coppermine in the world Get price


IndustriALL resists layoffs of striking

More than 3 000 workers have now been fired from Grasberg mine Several hundred more have been fired from PT Smelting a joint venture between Freeport and Mitsubishi that processes copper from Grasberg IndustriALL has launched a campaign with LabourStart calling on the Indonesian government to ensure that Freeport complies with the law Get price


Mining Projects

Sumatra Copper Gold is an ASX listed gold mining company with tenements and promising gold and silver mining projects in Indonesia when the mine was redeveloped and worked between 1985 and 1995 The deepest levels of the mine were still in ore when abandoned during the Japanese invasion of Indonesia during World War II Get price


PwC Indonesia

Oil and Gas in Indonesia Investment and Taxation Guide 2019 What are the changes in the Indonesian Oil Gas regulatory climate that investors should look out for? New world New skills Upskilling is more than training It's about being equipped to participate and adapt in an increasingly digital world Get price


Showdown in Indonesia Brings World's Biggest Gold Mine

27-2-2017Freeport Indonesia Chappy Hakim (L) pose for photographers after a press conference in Jakarta on February 20 2017 US mining giant Freeport-McMoRan announced on February 18 the head of its Indonesian unit had resigned amid a row with the government that has halted production at a major copper mine Get price


Indonesian copper mine workers protest after killings

8-4-2011TIMIKA Indonesia April 8 (Reuters) - Hundreds of workers at an Indonesian copper and gold mine run by Freeport-McMoran Copper Gold Inc protested on Friday after the killing of two colleagues which heightened concern about security along the jungle road they need to Get price



Through its subsidiary PT Freeport Indonesia (PT-FI) FCX mines one of the world's 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 Get price


Mining and Development in Indonesia An Overview of the

Mining and Development in Indonesia An Overview of the Regulatory Framework and Policies to conduct desktop research on the regulatory framework and policies which govern mining and development in Indonesia This research project is referred as the 'IM4Indo project' 1 Get price


Indonesia Moves Closer to Taking Controlling Stake in

13-7-2018Indonesia Moves Closer to Taking Controlling Stake in Freeport Copper Mine Government would pay a total of $3 85 billion for majority ownership of massive mine run by Freeport Freeport has operated the massive Grasberg mine in Indonesia's remote east since the early 1990s Get price


Indonesia strikes deal with Freeport over copper mine

29-8-2017Indonesia has reached an agreement with US copper miner Freeport-McMoran to allow the company to keep operating its giant Grasberg mine in the country Phoenix-based Freeport has agreed to give a 51 per cent ownership in the mine to Indonesia and build smelters in the country according to aGet price


Gold Price Indonesia

Indonesia is home to the world's largest gold mine and the second largest copper mine The Grasberg Mine is located in the Papua Province near the largest mountain in Papua known as Puncak Jaya The mine's primary owner is mining giant Freeport-McMoran and the company employs nearly 20 000 workers at the mine Get price


Indonesia Copper Production

Copper Production in Indonesia averaged 224996 83 Tonnes from 1998 until 2018 reaching an all time high of 402320 Tonnes in December of 2004 and a record low of 17341 Tonnes in June of 2005 This page provides - Indonesia Copper Production- actual values historical data forecast chart statistics economic calendar and news Get price


Corporate income taxes mining royalties and other mining

PwC Corporate income taxes mining royalties and other mining taxes—2012 update 5 Indonesia has tax incentives for specifi c mining activities such as basic iron and steel manufacturing gold and silver processing certain brass aluminium zinc and nickel processing activities and quarrying of certain metal and non-metal ores Get price


Freeport's Indonesia Copper Mine On Hold After Fatal

3-6-2013On a remote mountain peak on Indonesia's easternmost island a gigantic open-pit mine speaks to the rich mineral bounty below the surface Since the 1970s Freeport-McMoRan Copper Gold Inc has weathered all manners of hazards to excavate these metals at 14 000ft barely pausing for breath as Indonesia stumbled into modernity Get price


Indonesian illegal gold mining

Indonesian miners painstakingly sift through the waste for scraps from the largest gold mine in the world Indonesian illegal gold mining – in pictures A Illegal gold miner pan for gold at the Aikwa river in Timika Papua Province and the third largest copper mine in the world Facebook Twitter Pinterest Get price


Indonesia seeks meeting with Freeport CEO to end copper

Freeport has also asked for a guarantee on rights to mine Grasberg up to 2041 before committing to billions of dollars of planned underground mine investments and a second Indonesian copper smelter But Pamuji said the government were only willing to extend the company's permit by 10 years to begin with to 2031 from 2021 Get price

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