- 1. Freeport to divest Grasberg majority stake
- (Latest)
- Indonesia and Freeport-McMoRan have reached a deal which will enable Freeport to keep operating its giant Grasberg copper mine in Indonesia’s Papua province. The deal was reached this week after the US ...
- Created on 31 August 2017
- 2. Freeport secures extension until 2031
- (Latest)
- Indonesia’s Minister of Energy and Mineral Resources (ESDM) Ignasius Jonan has been in the US this week and took the opportunity to meet with Freeport McMoran Inc’s CEO Richard Adkerson. The discussions ...
- Created on 01 August 2017
- 3. Bad and ugly over, good returning
- (Asian Intelligence)
- ... the niobium and phosphate business from Anglo, as well as Freeport McMoRan’s share of the Tenke copper and cobalt operation. ...
- Created on 29 July 2017
- 4. Short-term Grasberg agreement appears close
- (Latest)
- Progress is being made in negotiations between the Indonesian Government and Freeport McMoRan Inc over the future of the Grasberg Copper Project in Papua province. Indonesia has apparently agreed to a ...
- Created on 27 July 2017
- 5. Uncertainty casts shadow over Indonesia
- (From the Editor)
- ... to alter tack mid-stream. In the past few years mining giants Rio Tinto and BHP Billiton have reduced their exposure to Indonesia and majors such as Newmont, Freeport-McMoRan and Newcrest are going ...
- Created on 23 June 2017
- 6. ANTAM begins low-grade nickel exports
- (Latest)
- ... Smelting (PTS) and PT Freeport Indonesia (PTFI) have signed a Memorandum of Understanding (MoU) regarding development of the PMR plant. Under the MoU, ANTAM, PTS and PTFI agree to form a partnership ...
- Created on 21 June 2017
- 7. Freeport receives export authorisation
- (Latest)
- Freeport McMoRan has received initial authorisation to restart copper concentrate exports from Grasberg mine in Papua Province, Indonesia. The company is now obtaining a full export permit from Indonesian ...
- Created on 20 April 2017
- 8. West Wits optimistic about Derewo River
- (Latest)
- ... be implemented once exploration resumes. This would have an aim of confirming the anomalism established through Freeport datasets in the Wopogi area and to map the basic geological units and alteration ...
- Created on 12 April 2017
- 9. Indonesia allows temporary Grasberg exports
- (Latest)
- A temporary mining licence has been issued by the Indonesian government to Freeport-McMoRan’s local unit allowing it to resume concentrate exports from the Grasberg Copper Project in Papua Province, according ...
- Created on 06 April 2017
- 10. Freeport may start Grasberg arbitration
- (Latest)
- Freeport-McMoRan’s Indonesian unit, PT Freeport Indonesia (FI), has submitted a notification to Indonesia’s mining ministry describing breaches and violations of its contract of work by the government. ...
- Created on 21 February 2017
- 11. Freeport cuts Grasberg copper output
- (Latest)
- Production of concentrate by Freeport McMoRan at the Grasberg Copper Project in Papua province of Indonesia has been halted and the company has started sending workers home. The halt comes as a dispute ...
- Created on 16 February 2017
- 12. Temporary Freeport exemption expected
- (Latest)
- Indonesia is expected to temporarily exempt Freeport-McMoRan Inc’s Indonesian subsidiary PT Freeport Indonesia from some new rules while processing an application for new mining rights. The move will potentially ...
- Created on 02 February 2017
- 13. Trial mining starts at Derewo River
- (Latest)
- ... northwest of Freeport McMoRan’s Grasberg complex. The trial mining will be carried out using a conventional alluvial recovery circuit prior to receiving the concentrator on order from Malaysia. This ...
- Created on 21 January 2017
- 14. Grove RT cranes for Indonesian mine
- (Latest)
- PT Freeport Indonesia, a mining company that operates one of the largest copper and gold mines in the world, has added three Grove cranes to its fleet. The RT765E-2 and two RT530E-2 rough-terrain cranes ...
- Created on 09 November 2016
- 15. Amur explores joint processing
- (Latest)
- ... exploration and mining licences are held by a joint venture between IGC (51%) and Freeport-McMoran Exploration Corporation (49%), with IGC operating and managing the project. ...
- Created on 02 September 2016
- 16. ANTAM evaluates new gold export markets
- (Latest)
- ... the 2015 gold price of US$1190.75 is also expected to contribute positively to ANTAM in 2016. Meantime, ANTAM, PT Freeport Indonesia (PTFI) and PT Smelting (PTS) have signed an MoU regarding the development ...
- Created on 19 August 2016
- 17. Approval to advance Malmyzh project
- (Latest)
- ... Foreign Investment chaired by Prime Minister Dmitry Medvedev. The Malmyzh exploration and mining licences are held by IGC (51%) and Freeport-McMoRan Exploration Corporation (49%), with IGC operating ...
- Created on 26 July 2016
- 18. CMOC to acquire Tenke Fungurume stake
- (Latest)
- ... Republic of the Congo (DRC). CMOC aims to acquire Freeport-McMoRan’s interest in Freeport-McMoRan DRC Holdings Ltd, which holds 56% of the Tenke Fungurume mine. The agreed purchase price is US$2.65 ...
- Created on 17 May 2016
- 19. ThoroughTec simulator for Grasberg
- (Product News)
- ... to increase the productivity and safety of their Sandvik DS421-C drill rig operators. The simulator will be deployed at PT Freeport’s Grasberg mine in Indonesia, where ThoroughTec maintains four CYBERMINE ...
- Created on 09 May 2016
- 20. Export permit recommendation for Freeport
- (Latest)
- Indonesia’s mining ministry has recommended that Freeport McMoRan be issued a permit to export copper from its Grasberg operations in Papua province of eastern Indonesia. The recommendation will now be ...
- Created on 09 February 2016