One of Leading Mining Company
Overview. PT FREEPORT INDONESIA. Is a mineral mining company affiliate of Freeport-McMoRan (FCX) and MIND ID Indonesia's Mining Industry. PTFI mines and process …
Freeport-McMoran ramps up Grasberg, nearly doubles copper-gold …
Arizona-based Freeport-McMoran has nearly doubled copper and gold production at its landmark Grasberg mine following a ramp-up from depressed COVID operations. Freeport-McMoran has produced 987 million pounds of copper in the third quarter, up from 844 million pounds in the same quarter last year. Gold production …
Indonesia export plan to upset Freeport's mined copper …
The feedstock for Manyar will come from Freeport's Grasberg mine in Indonesia, the world's second largest active copper mine. Grasberg produces 688,400 tons copper or roughly 4% of global mined ...
Freeport, Rio formally yield control of giant Grasberg mine to Indonesia
Grasberg, the world's second-largest copper mine and fourth largest gold operation, is transitioning to an underground operation, set to reach full capacity by 2022, when it will produce 160,000 ...
World's biggest gold mine nationalized in Indonesia
It's done. After two years of often fraught negotiations – and a last-minute environmental hiccup – the government and US mineral giant Freeport McMoRan Copper & Gold (FCX) have finally concluded an agreement effectively nationalizing Indonesia's most prized mining asset in the mountains of easternmost Papua.
New worker death at US-owned Freeport mine in Indonesia …
The accident at Freeport-McMoRan's Grasberg mine, high in the mountains of Papua province, happened on Saturday in a mining area, said Riza Pratama, spokesman for the company's Indonesia unit.
Freeport digging deep for new Grasberg mine …
Freeport McMoRan Copper & Gold (FCX) chairman Richard Adkerson has twice flown to Jakarta this year as he tries to persuade President Joko Widodo's administration to make an early …
Freeport Indonesia
This vast mine is the world's largest gold mine and third-largest copper mine. US-based Freeport-McMoRan Copper & Gold holds a large stake in Freeport Indonesia. Freeport Indonesia was established as a new legal entity in 1991, replacing Freeport Indonesia Incorporated which had operated the Grasberg mine since 1967.
January's top stories: Freeport-McMoRan's $17bn investment in Indonesia
Freeport-McMoRan plans to spend $17bn on building a copper smelter in East Java, Indonesia, Kansanshi Mines reveals it will not invest $1.5bn in its Solwezi expansion until the Zambian Government issues a tax refund, while Rio Tinto offers to drop its $1.6bn royalty from the Oyu Tolgoi copper-gold mine in Mongolia to resolve its …
Grasberg: The World's Largest Gold Mine | Mining …
Freeport is able to conduct exploration, mining and production activities in the 24,700-acre area in agreement with the government of Indonesia. Mining operations include an open-pit mine, …
[REPORT] Freeport-McMoRan and Indonesia Reach
US miner Freeport-McMoRan Copper & Gold Inc. has agreed on a Memorandum of Understanding (MoU) with the Indonesian government over its contract renegotiations, a major step in resuming copper exports from the country.. The dispute between Freeport and Indonesia began when the country introduced a new export tax …
Freeport McMoRan: How Will New Indonesian Rules Affect …
The impact of new rules on foreign ownership of mines in Indonesia on Freeport McMoRan Copper & Gold Inc. (NYSE: FCX) is unclear. Several weeks ago, the Southeast Asian nation's mining and energy ...
Freeport Indonesia's $3bn copper smelter to be completed
The construction of US mining giant Freeport McMoRan's Indonesian copper smelter, one of the biggest in the world, will be completed by the end of this year, an official at its Indonesian unit ...
Freeport does a balancing act as world's biggest gold mine …
Five people have died of COVID-19 at the mine with 724 confirmed cases as of Sept. 29, according to Mining Industry Indonesia, the state company holding a majority stake in Freeport Indonesia ...
Freeport in early discussions to extend copper mine rights in Indonesia
In 2018, Indonesian state-owned enterprise PT Indonesia Asahan Aluminium (Persero) (PT Inalum) purchased a 51.2% stake in Freeport McMoRan's subsidiary PT Freeport Indonesia. Freeport owns the remaining 48.8% interest. PT Freeport Indonesia operates the Grasberg copper and gold mining district in Papua.
PT Freeport Indonesia
Dalam setiap proses rekrutmen dan penerimaan karyawan, PT Freeport Indonesia maupun konsultan rekruitmennya tidak memungut biaya apapun. Untuk melihat lowongan, silakan akses melalui link berikut: ptfi e-recruitment. Untuk melihat informasi magang, silakan akses melalui link berikut: Internship Program. Salah satu perusahaan tambang …
Freeport's Grasberg go-go days back as gold, copper prices rally
Grasberg's proven and probable reserves estimate at its four producing mines and one undeveloped mine at end-2019 was pegged at 46.4 million ounces of gold, 18.9 million tonnes of copper, and ...
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 ...
The Amungme, Kamoro & Freeport: How Indigenous
The story of the Amungme and Kamoro peoples and U.S. mining corporation Freeport McMoRan Copper & Gold(1) ("Freeport") offers one of the best-documented examples of how local communities have experienced and resisted the seizure of their traditional lands by government-backed multinational mining enterprises.
Freeport begins construction of $3bn Indonesian copper …
Planned to be commissioned in late 2023 or early 2024, the new facility will produce 1.7Mt a year of copper concentrate. Outotec will design and engineer the copper smelter in Indonesia. Credit: Outotec. Freeport McMoRan has started construction of a $3bn copper smelter facility in Gresik, East Java, Indonesia.
Strike hits Freeport's Grasberg mine in Indonesia
Freeport Indonesia, which employs around 24,000 workers, expects gold sales volumes at Grasberg to be 8.1% less this year than what it forecast in April, while copper sales will be 7.1% lower.
Indonesia | Freeport-McMoRan Copper & Gold
Indonesia. 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 …
Freeport-McMoRan Reports First-Quarter 2021 Results
Average realized prices in first-quarter 2021 were $3.94 per pound for copper, $1,713 per ounce for gold and $11.62 per pound for molybdenum. Average unit net cash costs in first-quarter 2021 were $1.39 per pound of copper and are expected to average $1.33 per pound of copper for the year 2021.
Freeport-McMoran faces potential halt of activities in …
PT Freeport Indonesia, a copper miner and subsidiary of Freeport-McMoran (NYSE: FCX), said on Thursday it has not yet received a long-awaited government …
Freeport-McMoran faces potential halt of activities in Indonesia
Freeport's export permit expired on June 10, when Indonesia began its raw mineral export ban, and the company said it has not made any shipments since. Spokesperson, Katri Krisnati, confirmed to ...
OUR HISTORY | Freeport-McMoRan
Freeport-McMoRan Inc. ("FCX"), formerly known as Freeport-McMoRan Copper & Gold Inc., was established in 1988 following the discovery of the Grasberg copper and gold deposit in Papua, Indonesia, when FCX's former parent company, then known by the New York Stock Exchange trading symbol of "FTX", sold 20 percent of the company in an …
Freeport McMoRan: How Will New Indonesian Rules Affect …
Freeport McMoRan is one of the companies currently negotiating a new royalty deal with the Indonesian government. May or May Not Affect Grasberg. The …
NORTH AMERICA | Freeport-McMoRan
NORTH AMERICA. In North America, FCX operates seven open-pit copper mines — Morenci, Bagdad, Safford, Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico; and two molybdenum mines — Henderson and Climax in Colorado. Molybdenum concentrate, gold and silver are also produced by certain of FCX's North America …
Asia Locations
ASIA. INDONESIA. In Indonesia, we've been at work in the remote mountains of Papua since the early 1970s. Today, our Grasberg operations are among the largest in the world. The Grasberg mining complex is one of the world's largest copper and gold mines in terms of recoverable reserves. Our ongoing projects in the region primarily involve ...
Freeport, Rio formally yield control of giant …
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...