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Freeport surrenders Grasberg ground

Mining giant concedes to new Indo govt ownership rules

Mining Journal
Freeport is expecting Grasberg to produce 1 billion pounds of copper and 1.6 million ounces of gold this year

Freeport is expecting Grasberg to produce 1 billion pounds of copper and 1.6 million ounces of gold this year

  The two parties reached an “understanding” on a framework to support long-term investment plans for Grasberg by Freeport’s 90.6%-owned subsidiary PT Freeport Indonesia (PT-FI). Under the agreement,...

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