2020-3-24 The next gold mine on the list is located in Sumbawa Island, next to Sumba Island. Batu Hijau gold mine was established on 2000 and is owned by the company
Read More2018-7-12 Indonesia to take control of Freeport's largest gold, copper mine for $3.8bn Widodo concludes 'tough' negotiations, grants US miner 20-year role in Papua The open-pit mine of
Read MoreJulie Steinberg and P.R. Venkat were first to report Chinese mining-exploration company Pengxin International is in advanced talks to acquire Indonesian gold-and-silver mine Martabe for around $1.5 billion, according to sources.
Read More2017-2-27 JAKARTA - The American mining company Freeport-McMoRan has brought the world's biggest gold mine, in the Indonesian province of West Papua,
Read More2017-9-30 US Mining Giant Takes on Indonesian Government over Mine Divestiture. Freeport-McMoRan Inc, the US-based mining giant, has come out swinging publicly against plans by the Indonesian government to take over a controlling interest in its Grasberg Mine, the world’s largest gold mine and the second largest copper mine, located on high on the side of a ...
Read More2015-10-6 Indonesia holds some of the world’s large mineral reserves, including Batu Hijau copper gold mine and Freeport’s Grasberg copper gold mine. The Batu Hijau gold mine employs around 7000 people for inner mining and is a very significant contributor to the national and local economy of Indonesia. The Batu Hijau gold mine
Read MoreThorny talks with owner Freeport could affect production and prices Trucks at the open pit of Freeport's Grasberg copper and gold mine in Indonesia. A state-run company will take over a majority of...
Read More2017-2-22 TEMPO.CO, Jakarta - U.S.-based mining company Freeport-McMoRan Inc. has threatened to take Indonesia to international arbitration over mining permit dispute wherein its subsidiary PT Freeport Indonesia, the operator of Grasberg gold and copper mining complex in Papua, refuses to switch over its Contract of Work (CoW) to a special mining permit (IUPK).
Read More2019-12-30 About one million small-scale gold miners operate across Indonesia, the world’s largest island nation, and the outlaw industry presents a vexing paradox for the country. The use of mercury in ...
Read More2015-1-25 Kyrgyzstan to temporarily take over Centerra’s Kumtor mine Parliament has passed a law allowing the government to run Kumtor gold mine for up to
Read More2019-1-14 With its $3.85b mine takeover, Indonesia inherits a $13b pollution problem ... churned out by PTFI over decades. ... Panoramic view of the Grasberg gold and copper mine in
Read More2020-6-10 JAKARTA - When Indonesia’s government took majority control of the legendary Grasberg mine from American mining giant Freeport McMoRan Copper Gold (FCX) two years ago, visions of an onrushing gravy train obscured the cost realities of operating one of the world’s richest copper and gold complexes in Papua’s mist-shrouded central highlands.
Read More2021-2-25 Indonesia accounts for about 3% of world gold production. Most of that comes from the Grasberg mine in Papua province, said to have $40 billion in reserves and up to 20,000 workers.
Read More2018-12-21 Indonesia has finalized transfer of majority control over giant gold and copper mine from Freeport-McMoRan. President Joko Widodo announced Friday Dec. 21 the landmark deal worth $3.85 billion to take over a 51.2 percent stake in PT Freeport Indonesia from the U.S. company has been completed by PT Inalum, a state-owned mining company.
Read More2018-12-21 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 a
Read More2021-5-4 JAKARTA – Talks between Freeport McMoran Copper Gold (FCX) and China’s Tsingshan Steel over the construction of a US$2.5 billion copper smelter on the eastern Indonesian island of Halmahera have collapsed, dealing a blow to Chief Maritime Minister Luhut Panjaitan who had pushed the value-adding plan.
Read More2016-5-24 Small-scale gold mining began to take hold in Indonesia after the 1998 fall of Suharto, its longtime military ruler, and has flourished in an ensuing era of lax governance.
Read More2019-3-14 The collapse of an unlicensed gold mine in Indonesia this month is renewing attention on illegal mining in the country, which authorities say often overlooks safety, health and security ...
Read More2021-3-27 Papua New Guinea Government is taking over Barrick Nuigini owned Porgera gold mine but is giving the operator the option of negotiating “how it can remain”. The country's Prime Minister James Marape in a statement has explained why the mining lease renewal sought by Barrick Niugini Limited (BNL) had been rejected, and why a special mining ...
Read More2009-7-8 Freeport expects its Indonesia unit to sell 1.3 billion pounds of copper and 2.2 million ounces of gold this year, up from 1.1 billion pounds of copper and 1.2 million ounces of gold in 2008, the ...
Read More2018-12-21 Indonesia has finalized transfer of majority control over giant gold and copper mine from Freeport-McMoRan. President Joko Widodo announced Friday Dec. 21 the landmark deal worth $3.85 billion to take over a 51.2 percent stake in PT Freeport Indonesia from the U.S. company has been completed by PT Inalum, a state-owned mining company.
Read More2018-12-21 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 a
Read More2016-5-24 Small-scale gold mining began to take hold in Indonesia after the 1998 fall of Suharto, its longtime military ruler, and has flourished in an ensuing era of lax governance.
Read More2021-5-4 JAKARTA – Talks between Freeport McMoran Copper Gold (FCX) and China’s Tsingshan Steel over the construction of a US$2.5 billion copper smelter on the eastern Indonesian island of Halmahera have collapsed, dealing a blow to Chief Maritime Minister Luhut Panjaitan who had pushed the value-adding plan.
Read More2017-2-22 TEMPO.CO, Jakarta - U.S.-based mining company Freeport-McMoRan Inc. has threatened to take Indonesia to international arbitration over mining permit dispute wherein its subsidiary PT Freeport Indonesia, the operator of Grasberg gold and copper mining complex in Papua, refuses to switch over its Contract of Work (CoW) to a special mining permit (IUPK).
Read More2019-12-30 TALIWANG, Indonesia — The wildcat miner had something to prove: Processing gold ore with liquid mercury was perfectly safe. So he drank some of the toxic chemical, choosing the promises of gold ...
Read More2018-6-26 Newcrest Mining has agreed to sell down its stake in the Gosowong gold mine in Indonesia to no more than 49 per cent after accepting tougher new tax and local ownership measures from the ...
Read More2017-3-18 Freeport-McMoRan’s standoff with Indonesia over the giant Grasberg mine is entering a new phase, as the company scales back operations while trying to force a resolution to the dispute.
Read More2021-4-1 Amman Mineral Internasional is comprised of 3 key subsidiary companies. Each serves a vital function and provides world-class services to support the copper-gold mining process within the Batu Hijau mine.
Read More2020-8-3 At the young age of 27 he quit being a calculus high school teacher, and helped co-fund and build Canada's third, largest copper mine. Over the last two decades, Marin's become one of the largest financers of publicly listed Canadian companies by raising over three billion dollars in financing debentures and debt. So he's a pretty smart guy.
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