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However, no gold mine is as productive or as valuable as the Grasberg mine in a remote mountain region of Indonesia. READ MORE: 'Coziest town in US' where beloved ice cream brand started and ...
With a market cap of $59.6 billion, Freeport-McMoRan Inc. (FCX) is a leading international mining company engaged in the ...
Freeport-McMoRan and Rio Tinto have stakes in this giant Indonesian gold and copper mine complex... and what a headache that's been lately! Grasberg is a collection of operating mines and mine ...
The largest gold mine and third largest copper mine in the world the the Grasberg mine has a turbulent past involving decades of expedition, rebel attacks and a construction cost that went $55 ...
SINGAPORE, May 18 (Reuters) - Freeport-McMoRan Inc's Indonesian unit said it will operate the giant Grasberg mine with a "skeletal team" after a rise in coronavirus infections in the area ...
A map of the Grasberg mine in Papua. Image by AK Rockefeller/flickr. Sharing the wealth In 2016 alone, Freeport’s Indonesian operations generated $3.8 billion in revenue for the parent company.
What are the ongoing environmental conditions at the Grasberg mine? Are the mining tailings releasing heavy metals? If so, how bad is the problem? These questions cannot be answered with certainty ...
Trouble erupted when the demonstrators blocked an access road to Grasberg, the world’s second-biggest copper mine, in a protest over employment terms. At least seven people were injured and ...
Freeport-McMoRan owns the Grasberg mine in Indonesia (EIDO), and Rio Tinto (RIO) is Freeport’s partner in this mine. Rio Tinto also owns the Oyo Tolgoi mine in Mongolia through its subsidiary ...
JAKARTA, Indonesia—The Indonesian unit of Freeport-McMoRan Copper & Gold Inc. halted activities at the Grasberg mine Saturday after four workers were killed when car collided with a mining truck. " ...
Copper ore output from the Grasberg mine in Papua will be cut to 95,000 tonnes a day in 2017 from 140,000 tonnes previously estimated, it said in the document reviewed by Reuters. "This is not the ...