Freeport Copper Mine Indonesia

Get in touch with usCustomer satisfaction is our first goal!
Email us
— We will confidentially process your data and will not pass it on to a third party.

INDONESIA | Freeport-McMoRan

Through its subsidiary, 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. FCX has a 48.76 percent interest in PT-FI and manages its mining operations. PT-FI’s results are consolidated in FCX’s financial statements.

PT Freeport Indonesia

Overview Exploration, mining and processing ore containing copper, gold and silver. One of the world's leading mining companies, PT Freeport Indonesia to exploration, mining and processing ore containing copper, gold and silver in the highland areas of Mimika District, Papua Province, Indonesia.

PT Freeport Indonesia

Salah satu perusahaan tambang terkemuka di dunia, PT Freeport Indonesia melakukan eksplorasi, menambang, dan memproses bijih yang mengandung tembaga, emas, dan perak di daerah dataran tinggi di Kabupaten Mimika, Provinsi Papua, Indonesia. Kami memasarkan konsentrat yang mengandung tembaga, emas, dan perak ke seluruh penjuru dunia.

Grasberg mine - Wikipedia

The Grasberg mine is the seventh-largest gold mine and the second-largest copper mine in the world. It is located in Mimika Regency, Papua, Indonesia near Puncak Jaya, the highest mountain in the country. It has 19,500 employees. It is operated by PT Freeport Indonesia (PT-FI) which used to be 90.64% owned by Freeport-McMoRan (FCX), including 9.36% owned through its wholly owned subsidiary, PT Indocopper Investama. However since 2018 in negotiation on extending the permit of the mining operation the gove…

China solves Freeport's $3 billion problem in Indonesia ...

Nov 29, 2020· JAKARTA – The long drawn-out saga of mining giant Freeport Indonesia’s (PTFI) proposed new copper smelter has taken a new turn with China’s Tsingshan Steel agreeing to build the US$1.8 billion facility at its Weda Bay nickel processing complex in Halmahera, eastern Indonesia.

China, Indonesia $2.5 billion copper deal falls apart ...

May 03, 2021· Trucks are parked at the open-pit mine of PT Freeport’s Grasberg copper and gold mine complex near Timika, in the eastern region of Papua. Photo: Antara Foto Freeport has dragged its feet on building a new smelter from the start and now puts the blame on the Covid-19 pandemic as the reason it has spent only $159 million of the $2.8 billion ...

Freeport Put $12 Billion Into a Giant Mine; Now Indonesia ...

Mar 18, 2017· JAKARTA— Freeport-McMoRan Inc.’s standoff with Indonesia over the giant Grasberg copper and gold mine is entering a new phase, as the company scales …

Indonesia gains majority ownership of giant Freeport mine ...

Dec 21, 2018· The Phoenix, Arizona-based Freeport McMoRan Copper & Gold Inc. initially owned about 90 percent of the Grasberg mine since it began operating in Indonesia…

Freeport-McMoRan l FCX

FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum.

Indonesia gains majority ownership of giant Freeport mine ...

Dec 21, 2018· JAKARTA, Indonesia -- Indonesia finalized the transfer of majority control over a giant gold and copper mine from U.S. company Freeport-McMoRan, the government said Friday, in …

Indonesia | Freeport-McMoRan Copper & Gold

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. Focus Areas for Program Support Community Basic Needs. Education ...

China, Indonesia $2.5 billion copper deal falls apart ...

May 03, 2021· Trucks are parked at the open-pit mine of PT Freeport’s Grasberg copper and gold mine complex near Timika, in the eastern region of Papua. Photo: Antara Foto Freeport has dragged its feet on building a new smelter from the start and now puts the blame on the Covid-19 pandemic as the reason it has spent only $159 million of the $2.8 billion ...

Freeport mine | WWF

Freeport, which is responsible for about 2/3 of Indonesia’s annual production of gold, is regularly amongst the largest corporate taxpayers in the country. Freeport copper mine in the Carstensz Mountains, Papua Province, Indonesia.

Freeport Put $12 Billion Into a Giant Mine; Now Indonesia ...

Mar 18, 2017· JAKARTA— Freeport-McMoRan Inc.’s standoff with Indonesia over the giant Grasberg copper and gold mine is entering a new phase, as the company scales …

Grasberg Copper-Gold Mine, Indonesia

The Grasberg mine operated by Freeport McMoRan and jointly owned by Freeport and Rio Tinto is one of the largest mining clusters on the globe. The mine is located in the very remote highlands of the Sudirman mountain range in the province of Papua, Indonesia. Re-discovered in 1960, production by Freeport began in 1973 from the Ertsberg open pit.

Indonesia and Freeport end their squabble over Papua mine ...

Sep 07, 2017· JAKARTA The chief executive of U.S. mining company Freeport-McMoRan and two Indonesian ministers publicly declared on Aug. 29 an end to an acrimonious dispute over a giant copper mine in Papua ...

Freeport 'on path' to new Indonesia mine deal this year ...

Jun 08, 2017· Freeport-McMoRan Inc, the world's largest publicly traded copper miner, is "on a path" to get a new mining deal with Indonesia this year for its giant Grasberg mine, Chief Financial Officer ...

Freeport loses right to export from Indonesia copper mine ...

Jan 27, 2016· Freeport McMoRan Inc on Friday lost its right to export copper concentrate, valued at more than $1 billion, from one of the world's biggest mines as talks with Indonesia…

Freeport, Rio formally yield control of giant ... - MINING.COM

Sep 27, 2018· Freeport McMoRan (NYSE:FCX) and Rio Tinto (LON:RIO) signed Thursday final agreements that give Indonesia a majority stake in their Grasberg copper mine, the world’s second-largest, and which ...

Freeport CEO says no change of plans despite copper price ...

Jul 23, 2020· Freeport operates the Grasberg copper-gold mine and has an 81% economic interest in the venture through 2022. The government of the Asian nation owns 51% of the iconic mine. Share

Freeport warns Indonesia copper mine workers as Grasberg ...

Apr 22, 2017· Indonesia halted Freeport's copper concentrate exports in January under new rules that require the Arizona-based company to adopt a special licence, pay new taxes and royalties, divest a 51 ...

Freeport Indonesia mine operations hit by protests over ...

Aug 26, 2020· JAKARTA, Aug 26 (Reuters) - Mining operations at Indonesia's Grasberg gold and copper mine have been disrupted as protests by workers over coronavirus restrictions extended into a third day at the ...

Freeport-McMoRan Inc. - Freeport-McMoRan Provides Update

Jul 01, 2019· Important Milestones Achieved in Underground Mining Transition at PT Freeport Indonesia Affirms 2019 Consolidated Copper and Gold Sales Guidance Comments on Revised Second-Quarter 2019 Estimates Freeport-McMoRan Inc. (NYSE: FCX) today provided an update on its operations and outlook at PT Freeport Indonesia (PT-FI), affirmed its April 2019 guidance for 2019 consolidated copper …

Indonesia | Freeport-McMoRan Copper & Gold

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. Focus Areas for Program Support Community Basic Needs. Education ...

Freeport Indonesia mine operations hit by protests over ...

Aug 26, 2020· JAKARTA, Aug 26 (Reuters) - Mining operations at Indonesia's Grasberg gold and copper mine have been disrupted as protests by workers over coronavirus restrictions extended into a third day at the ...

Freeport warns Indonesia copper mine workers as Grasberg ...

Apr 22, 2017· Indonesia halted Freeport's copper concentrate exports in January under new rules that require the Arizona-based company to adopt a special licence, pay new taxes and royalties, divest a 51 ...

Grasberg Copper-Gold Mine, Indonesia

The Grasberg mine operated by Freeport McMoRan and jointly owned by Freeport and Rio Tinto is one of the largest mining clusters on the globe. The mine is located in the very remote highlands of the Sudirman mountain range in the province of Papua, Indonesia. Re-discovered in 1960, production by Freeport began in 1973 from the Ertsberg open pit.

Indonesia and Freeport end their squabble over Papua mine ...

Sep 07, 2017· JAKARTA The chief executive of U.S. mining company Freeport-McMoRan and two Indonesian ministers publicly declared on Aug. 29 an end to an acrimonious dispute over a giant copper mine in Papua ...

Indonesia Wrests Control of Freeport’s Grasberg Mine ...

Dec 21, 2018· Indonesia assumed control of one of the world’s largest copper and gold mines from U.S. miner Freeport-McMoRan, closing a nearly $4 billion deal that marks the end of …

Freeport Bends To Indonesia Will To Keep Mining Copper ...

Aug 29, 2017· Freeport already sold a 10.6% stake in the mine to Indonesia last year for $630 million, which was a far cry from its ask of $1.7 billion, Reuters reported. The agreement comes as copper prices ...

Freeport-McMoRan Inc. - Freeport-McMoRan Provides Update

Jul 01, 2019· Important Milestones Achieved in Underground Mining Transition at PT Freeport Indonesia Affirms 2019 Consolidated Copper and Gold Sales Guidance Comments on Revised Second-Quarter 2019 Estimates Freeport-McMoRan Inc. (NYSE: FCX) today provided an update on its operations and outlook at PT Freeport Indonesia (PT-FI), affirmed its April 2019 guidance for 2019 consolidated copper …

Freeport Indonesia To Closes Open-pit Mine in 2019 - The ...

Apr 19, 2018· JAKARTA (TheInsiderStories) – PT Freeport Indonesia (PTFI) will close the operation of the open-pit gold mine in Grasberg, Papua–where the ore body occurs near the highland surface. As a result, said Executive Vice President of PTFI Sony Prasetyo on April 16, the company’s production will drop significantly from 200,000 tons per day to by 80,000 tons per […]

Freeport CEO says no change of plans despite copper price ...

Jul 23, 2020· Freeport operates the Grasberg copper-gold mine and has an 81% economic interest in the venture through 2022. The government of the Asian nation owns 51% of the iconic mine. Share

Freeport's Indonesia Copper Mine On Hold After Fatal Accident

Jun 03, 2013· On 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 …

Indonesia and Freeport close in on copper mine deal ...

Indonesia and the US mining company Freeport-McMoran are edging closer to a deal that will mean a state-owned group taking a majority stake in Grasberg, the world’s second-biggest copper mine ...

Indonesia takes majority stake in Freeport-McMoRan copper mine

Indonesia 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 ...

Grasberg Open Pit, Indonesia - Mining Frontier

Dec 29, 2014· Ownership belongs to Freeport McMoran Copper & Gold (67.3%), Rio Tinto (13%), Government of Indonesia (9.3%) and PT Indocopper Investama Corporation (9.3%). Around 18,000 people work at the mine, which is operated by PT Freeport Indonesia, a subsidiary of Freeport McMoran Copper & Gold.