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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. After months of tense negotiations, the two sides are set to publish a memorandum of understanding before ...

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OUR HISTORY | Freeport-McMoRan

Freeport-McMoRan Inc. ("FCX"), formally 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 …

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Mining mire spreads in Indonesia | Asia Times

Mining mire spreads in Indonesia ... American mining giant Freeport McMoRan Copper & Gold may dominate headlines for its endless negotiations with the Indonesian ...

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Indonesia nickel mine production 2017 | Statistic

China's copper mine production 2006-2017. ... Indonesia's nickel mine production 2006-2017; Mine production of nickel in Russia from 2006 to 2017 ...

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Freeport declares force majeure at Indonesia copper mine

By Susan Taylor TORONTO (Reuters) - Freeport-McMoRan Inc said on Friday it cannot meet contractual obligations for copper concentrate shipments from its Grasberg mine in Indonesia following a five-week export ban, the second …

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Mining and Development in Indonesia: An …

Mining and Development in Indonesia: An Overview of the Regulatory Framework and Policies Researcher: Bernadetta Devi School/Centre: Centre for Social Responsibility in Mining

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Indonesia ~ Mining Geology

Indonesia Mines: Batu Hijau Gold Mine. Batu Hijau Gold Mine: ... It is the largest gold mine and the third largest copper mine in the world. Grasberg Gold & Copper ...

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Freeport Indonesia mine grinds to complete halt: Union

 · All work has stopped at Freeport-McMoRan's giant copper mine in Indonesia and its workers are planning a demonstration.

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Newmont Mining Stops Output at Indonesian Copper Mine ...

Newmont Mining has stopped copper output from its Batu Hijau mine in Indonesia following stalled talks with government officials.

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The World's 20 Largest Copper Mines

The world's 20 largest copper mines produce nearly 9 million metric tons of the metal a year, about 40 percent of the globe's total.

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Shutdown to end at Indonesia mine where 28 died | …

US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics, business, health, and education.

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Indonesia Agrees on New Mining Contract With …

Indonesia signed new mining contract terms with PT Freeport Indonesia, paving the way for the local unit of the U.S. mining company to resume copper …

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A Closer Look At Freeport's Indonesian Mining Operations

 · As on December 31, 2013, Freeport's Indonesian operations accounted for around 27% and 95% of the company's consolidated proven and probable copper and gold reserves, respectively.

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Freeport-McMoRan Shares Sink on Grasberg Mine Update

Gold and copper miner Freeport-McMoRan Inc.'s (NYSE: FCX) troubles in Indonesia started in 2014 when its initial contract of work at the Grasberg mine was completed. Since then, the company and the Indonesian government have been in a tug of war over a new deal. In a press release Friday morning ...

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Freeport cuts output at key Indonesia copper mine | …

Freeport-McMoRan Inc has halted production of concentrate at the world's second-largest copper mine in Indonesia and has begun to send workers home, a spokesman for the company's local unit said on Tuesday.

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Indonesia plans to buy out Rio's share of Grasberg copper mine

Indonesia plans to acquire Rio Tinto's 40 percent participating stake in the Grasberg copper mine operated by the local division of Freeport-McMoRan Inc, part of government plans to control more of the country's resources.

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Mining in Indonesia - PwC

Overview of the Indonesian Mining Industry ... improvement in the regulatory climate for mining in Indonesia as ... copper, gold, tin and nickel. Indonesia also ...

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Indonesian Politician Caught on Tape Shaking Down …

Indonesian Politician Caught on Tape Shaking Down Freeport Mine. ... Indonesia's political power ... The company operates the world's biggest copper mine and ...

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Factbox: Disruptions, labor negotiations at copper mines ...

Copper prices surged to 21-month highs above $6,200 a tonne earlier this month, up more than 40 percent since January 2016 due to worries about supplies after disruptions in top producer Chile, Indonesia and Peru.Global copper demand this year is estimated at about 23 million tonnes with half of that being consumed in China.A recent Reuters ...

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Showdown in Indonesia Brings World's Biggest Gold Mine …

Showdown in Indonesia Brings World's Biggest Gold Mine to Standstill . ... all looking for a slice of the gold and copper mine.

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Corporate income taxes, mining royalties and …

PwC Corporate income taxes, mining royalties and other mining taxes—2012 update 1 This summary of income taxes, mining taxes and mining …

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Indonesia Expects 2018 Deal With Freeport on Giant Copper ...

 · Indonesia expects to conclude a deal by February with Freeport-McMoRan Inc. that will see the U.S. miner shed its majority ownership of the giant Grasberg copper mine, according to the government.

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Grasberg Open Pit Copper Mine, Tembagapura, Irian Jaya ...

Mining Technology is using cookies. We ... Grasberg Open Pit Copper Mine, Tembagapura, Irian Jaya, Indonesia. ... a subsidiary of Freeport McMoran Copper …

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Foreigners Have Long Mined Indonesia, but Now …

 · An open-pit mine at Freeport-McMoRan's Grasberg copper and gold mine complex in Indonesia's Papua Province. …

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Freeport evacuating Indonesian mine worker families …

 · 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.

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