Freeport to Give Indonesia a Majority Stake in Its Grasberg Mine ...

Aug 29, 2017 ... Called the Grasberg mine, it represents a vast store of copper and gold ore extracted through a vast open pit one-third of a mile deep. On Tuesday, in ... Freeport also agreed to build smelters to process copper concentrate in Indonesia, helping to create more jobs and more valuable processing work there.

Foreigners Have Long Mined Indonesia, but Now There's an Outcry ...

Mar 31, 2017 ... An open-pit mine at Freeport-McMoRan's Grasberg copper and gold mine complex in Indonesia's Papua Province. Credit Muhammad Adimaja/Antara Foto, via Reuters. JAKARTA, Indonesia — Crowned with spiky feathered headdresses and daubed with face paint, scores of protesters gathered outside the...

Indonesian illegal gold mining – in pictures | World news | The ...

Feb 6, 2017 ... Indonesian miners painstakingly sift through the waste for scraps from the largest gold mine in the world: the Grasberg mine in West Papua.

CNN - Canadian, U.S. firms team up to mine huge Indonesian gold ...

Feb 17, 1997 ... JAKARTA, Indonesia (CNN) -- The tiny Canadian mining company Bre-X Minerals announced Monday a joint venture with U.S. giant Freeport McMoran Copper and Gold to develop and operate what may become the world's largest gold mine. The Busang gold deposit in Eastern Kalimantan had been the...

Freeport pressed to give most of Grasberg copper-gold mine to ...

Oct 6, 2017 ... 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 Grasberg open until 2041. The tentative agreement was meant to put an end to mounting public rage over...

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