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US-based mining company Freeport-McMoRan is in preliminary talks with the Indonesian Government to extend its rights to the Grasberg copper mine past 2041, …
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Due to a strike at Freeport Indonesia's Grasberg mine in Papua, the company's copper production has fallen by about a third thus leading to speculation that global copper prices may increase after having fallen almost ten percent in 2014. About one thousand workers of Freeport Indonesia have been on strike since the second …
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Copper miner Freeport Indonesia hopes production can be partially restarted before end-February, its chief executive said on Tuesday, after floods disrupted activity at its flagship Grasberg mine ...
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Grasberg Block Cave (GBC) mine with initial access drifting in 2004, 14 years before the planned initiation of caving in early 2018 and almost 20 years prior to achieving full production rates of 160 000 t/d of ore by 2024. The three currently active mining operations in the Grasberg Mining District are the Grasberg open pit (160kt/d ore), the
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Workers at Freeport-McMoRan Copper & Gold's (FCX.N: Quote) Grasberg mine in Indonesia plan to stage a strike in coming days after talks with the company failed to resolve a pay dispute, a move ...
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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 t copper or roughly 4% of global mined ...
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Close to 1,000 workers at Freeport-McMoRan's (NYSE:FCX) giant Grasberg open pit copper and gold mine in the Indonesian province of Papua have gone on strike over bonus payments, disrupting ...
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Grasberg Block Cave (GBC) is an underground copper and gold mine located within the Grasberg minerals district, Papua Province, Indonesia. The GBC mine forms part of the larger Grasberg mining operation that also includes three more underground mines namely, DOZ, DMLZ, and Big Gossan. Grasberg hosts one of the …
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New milestones in Grasberg underground move. US-based copper giant Freeport-McMoRan announced its subsidiary PT Freeport Indonesia (PT-FI) is now extracting ore from the Grasberg Block Cave as part of its underground mining transition ... Last year, Rio Tinto sold its stake in the Grasberg mine in Indonesia to Indonesia …
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Located in the Sudirman Mountains of the Irian Jaya province of Indonesia, the Grasberg complex (also known as the Freeport Mine) is one of the largest gold and copper mining operations in the world. The Sudirman Mountains form the western portion of the Maoke Range that extends across Irian Jaya from the west to the east-southeast.
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Vale is exploring a copper mine, comparable to massive Grasberg site. ... company's plan to spend $25 billion to $30 billion in new projects in Brazil, Canada and Indonesia over the next decade ...
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According to reports more than 7,000 workers from Freeport McMoRan's massive gold and copper mine in Indonesia's western Papua region started a week-long strike on Monday to demand better wages.
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PT Freeport Indonesia, a subsidiary of Freeport-McMoRan, the largest listed copper producer, has been forced to shut down all operations at its Grasberg mining operation due to strike action ...
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PT Freeport Indonesia, a subsidiary of Freeport-McMoRan, the largest listed copper producer, has been forced to shut down all operations at its Grasberg mining …
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Grasberg mine has the single largest known gold reserve and the second largest copper reserves in the world. It is located 96km north of Timika, at Tembagapura in Irian Jaya – the most easterly of …
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Its aggressive mine plan was the fastest-ever ramp-up to full production of any underground mine, a title it wrested from its predecessor in the Grasberg Underground …
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Copper miner Freeport Indonesia has restored operations at its huge Grasberg mine in Indonesia's Papua region, after it was hit by floods, a company spokesperson said on Wednesday.
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The court action will allege mining waste is being dumped from the giant Grasberg copper mine in West Papua Indonesia owned by Indonesia's state mining company and US-listed Freeport McMoRan ...
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Grasberg Block Cave Mine in Papua, was the largest copper-producing mine in Indonesia, producing approximately 295.5 thousand tonnes of copper and an estimated 26.4 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) in 2021. The Grasberg Block Cave Mine is owned by PT Inalum, and is due to operate until 2041. The second …
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A branch of ICEM Indonesian affiliate FSP-KEP (SPSI), the Trade Union of Chemical, Energy, and Mine Workers (CEMWU), ended an eight-day strike on 13 July …
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Copper miner Freeport Indonesia has restored operations at its huge Grasberg mine in Indonesia's Papua region, after it was hit by floods, a company spokesperson said on Wednesday.
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The deal, drafted in August, grants Indonesia a 51% ownership in the massive copper and gold mine and makes Freeport build smelters in the country. In return, the US miner would be allowed to keep ...
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Agreements give a majority stake in the giant Grasberg copper and gold mine to a local state-owned firm, becoming the country's biggest divestment by a foreign resources company.
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Richard Adkerson, chief executive of . Freeport-McMoRan, has six months to thrash out a deal with Indonesia to assure the future of Grasberg, the world's second-biggest copper deposit. The main ...
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Viewed from above, Grasberg mine stands out amidst Indonesia's Sudirman mountains, akin to an indentation made by a giant power drill. Sitting at an altitude of 14,000ft, amid snow-topped highlands and misty peaks, the surrounding area of the Papua province is one of undeniable beauty.
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Copper miner Freeport Indonesia has restored operations at its huge Grasberg mine in Indonesia's Papua region, after it was hit by floods, a company spokesperson said on Wednesday.
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The company has greed to reduce its stake in the Grasberg mine to 49% in exchange for licenses to operate the massive copper and gold pit until 2041.
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Fluor to construct new mill as mine transitions from open pit to underground mine Fluor Corporation (NYSE: FLR) announced today that its joint venture with Petrosea – Fluor Petrosea Joint Organization (FPJO) – has been …
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Astronaut photograph ISS011-E-9620 was acquired June 25, 2005, with a Kodak 760C digital camera with a 400 mm lens, and is provided by the ISS Crew Earth Observations experiment and the Image Science & Analysis Group, Johnson Space Center. The International Space Station Program supports the laboratory to help astronauts take …
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Grasberg, located in Indonesia, is one of the world's biggest gold and copper mines (Image by Enterdie) ... through 2031 to further develop the mine. The new plan will include a schedule to ...
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