the operating subsidiary, Freeport Indonesia, was incorporated in Indonesia and changed its name to PT Freeport Indonesia (PTFI). In 2006, with esti-mated reserves of 50.9 billion pounds of copper and 63.7 million pounds of gold, PTFI operates the largest gold mine and the most profitable copper mine on Earth, in the area surrounding the
FILE PHOTO: Trucks operate in the open-pit mine of PT Freeport's Grasberg copper and gold mine complex near Timika, in the eastern region of Papua, Indonesia on September 19, 2015 in this photo ...
The PT Freeport Indonesia copper and gold mining complex, consisting of an open-pit mine and two underground mines, is located in the remote highlands of the Sudirman Mountain Range in the province of Papua, Indonesia, which is on the western half of the island of New Guinea. Livelihoods & Infrastructure. Governance.
Average realized prices in first-quarter 2021 were $3.94 per pound for copper, $1,713 per ounce for gold and $11.62 per pound for molybdenum. Average unit net cash costs in first-quarter 2021 were $1.39 per pound of copper and are expected to average $1.33 per pound of copper for the year 2021.
October 13, 2021. Outotec will design and engineer the copper smelter in Indonesia. Credit: Outotec. Freeport McMoRan has started construction of a $3bn copper smelter facility in Gresik, East Java, Indonesia. Free Whitepaper.
The construction of PT Freeport Indonesia's smelter in the Java Integrated Industrial and Port Estate Special Economic Zone (SEZ) is the second smelter built by PTFI to process and refine its concentrate …
Kami menghimbau para pencari kerja untuk berhati-hati dan mewaspadai beragam modus penipuan perekrutan yang mengatasnamakan PT Freeport Indonesia. Dalam setiap proses rekrutmen dan penerimaan karyawan, PT Freeport Indonesia maupun konsultan rekruitmennya tidak memungut biaya apapun. Temukan Pekerjaan Impianmu di …
Freeport Indonesia. PT Freeport Indonesia Tbk is a private Indonesian company which operates the Grasberg mine in Papua. This vast mine is the world's largest gold mine and third-largest copper mine. US-based Freeport-McMoRan Copper & Gold holds a large stake in Freeport Indonesia. Freeport Indonesia was established as a new legal entity …
PT Freeport Indonesia (PTFI) operates a large copper and gold mine and concentrator in the Mimika District on the south coast of Papua, Indonesia. PTFI is a subsidiary of Freeport-McMoRan (FCX), which is one of the world's largest publicly traded copper mining companies
The government has asked gold and copper miner PT Freeport Indonesia (PTFI) to quickly realize its plan to build a new smelter in Papua as one of the perquisites to extend the firm's mining ...
Trucks operate in the open-pit mine of PT Freeport's Grasberg copper and gold mine complex near Timika, in the eastern region of Papua. Photo: Antara Foto If it goes ahead, as now seems likely, a deal with Tsingshan would save the Indonesian government and FCX about $3 billion, the estimated cost of building their own smelter at …
The breathless media coverage of the transaction, which saw the government take a 51 percent stake in PT Freeport Indonesia (PTFI), previously majority-owned by Arizona-based Freeport-McMoRan ...
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Grasberg itself is one of the richest and lowest-cost copper and gold mines in the world. It produces slightly more than 600 million pounds of copper and about 500,000 ounces of gold a year from ...
An article by Mongabay from 2017 alleges that PT Freeport Indonesia (PTFI) never compensated the Amungme and Kamoro people on the land where it operates its Grasberg gold and copper mine. The article also alleges that PTFI was using land in protected forests without the proper permits.
Grasberg Mine is located in the village of Tembagapura in the Papua province of Indonesia. It's about 60 miles north of Timika, and not far from Puncak Jaya, the highest mountain in Papua. Tours ...
This drone is used to get visual output in the form of videos and photos which can then be processed. further to obtain solid scanning or imaging results. This visual inspection is intended to ...
Grasberg Gold Mine Project Overview. Freeport-McMoRan is a leading international mining company with HQ in Phoenix, Arizona. They operate large, long-lived geographically diverse assets with significant proven reserves of copper, gold and molybdenum. Their portfolio of assets include one of the world's largest copper and gold deposits; and ...
Feb 6, 202404:34 PST. AAL FCX BHP. U.S. copper miner Freeport McMoRan said its Asian sales will be handled from Indonesia, home to its flagship Grasberg copper-gold mine and Manyar smelter. Helmut Arbert, formerly with Chilean state miner Codelco (COBRE.UL) and Anglo American AAL, has recently been hired by Freeport's FCX …
Freeport-McMoRan has once again made headlines in Indonesia after its subsidiary PT Freeport Indonesia clashed with the government. This is their first skirmish with the government since its …
79 Photo. Salah satu perusahaan tambang terkemuka di dunia, PT Freeport Indonesia melakukan eksplorasi, menambang, dan memproses bijih yang mengandung tembaga, emas, dan perak di daerah dataran tinggi di Kabupaten Mimika, Provinsi Papua, Indonesia. Kami memasarkan konsentrat yang mengandung tembaga, emas, dan perak …
In 2023, PT Freeport Indonesia's gold sales volume reached approximately 1.7 million of recoverable ounces, showing a decrease compared to the previous year. The Grasberg mine in Indonesia, which ...
13 December 2021. PT Freeport Indonesia's copper and gold ore production has been steadily rising throughout 2021. Freeport Indonesia operates a mining district in Mimika Regency, Papua. "Hopefully by the end of this year our production will meet the target. Compared with last year, this year has certainly achieved much better," PT ...
Currently, Freeport McMoRan holds 81.28 percent of Freeport Indonesia's shares directly, and - indirectly - it holds another 9.36 percent through the company PT Indocopper Investama. The remaining 9.36 percent is held by the Indonesian government. It remains unclear if Freeport McMoRan needs to sell part of its stake in the company, and - if ...
Freeport-McMoRan, based in New Orleans, has operated the Mount Ertsberg gold, silver, and copper mine in Irian Jaya, Indonesia, for over 20 years and has converted the mountain into a 600-meter hole. As documented by the New York Times and dozens of environmental groups, the mining company has dumped appalling amounts of waste into …
This massive pit in the earth is the Grasberg mine, now owned by Freeport McMoRan Copper and Gold—a mining company based out of Phoenix, Arizona—along with PT Freeport Indonesia (PTFI), subsidiary of the parent company, and PT Inalum, which is owned by the Indonesian government. Freeport McMoRan (Freeport)
The 3.85 billion US dollars price was paid to PT Freeport Indonesia's parent, Freeport McMoran Inc (FCX) in Jakarta on Friday (21/12/2018). Through the divestment, the stake owned by Indonesia as represented by PT Indonesia Asahan Aluminium (Inalum) increased from 9.36 percent to 51.23 percent. The Papua Provincial Government and the Mimika ...
Freeport-McMoRan had to build a new smelter within five years as part of a landmark December 2018 deal, which extended Grasberg's mining licence to 2041 and gave Indonesia a majority stake in PT ...
The story of the Amungme and Kamoro peoples and U.S. mining corporation Freeport McMoRan Copper & Gold(1) ("Freeport") offers one of the best-documented examples of how local communities have experienced and resisted the seizure of their traditional lands by government-backed multinational mining enterprises.
US copper miner Freeport McMoRan said its Asian sales will be handled from Indonesia, home to its flagship Grasberg copper-gold mine and Manyar smelter. Helmut Arbert, formerly with Chilean state ...
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17 December 2021. PT Freeport Indonesia (PTFI) President Director Tony Wenas, said that currently the number of workers at Freeport's copper and gold mine in Timika, Papua is around 27 thousand. According to him, the majority of workers are children of the nation from various tribes and regions. "So the total number of employees at PTFI and ...
Freeport-McMoRan (FCX) is a leading international metals company with the objective of being foremost in copper. Our company was incorporated under the laws of the state of Delaware on November 10, 1987, and is headquartered in Phoenix, Arizona. We operate large, long-lived geographically diverse assets with significant proven and probable …
In 2023, PT Freeport Indonesia's copper production reached approximately 1.66 billion of recoverable pounds, showing an increase compared to the previous year. The Grasberg mine in Indonesia ...
Salah satu perusahaan tambang terkemuka di dunia, PT Freeport Indonesia melakukan eksplorasi, menambang, dan memproses bijih yang mengandung tembaga, emas, dan perak di daerah dataran tinggi di Kabupaten Mimika, Provinsi Papua, Indonesia. Kami memasarkan konsentrat yang mengandung tembaga, emas, dan perak ke seluruh …
Selengkapnya. Salah satu perusahaan tambang terkemuka di dunia, PT Freeport Indonesia melakukan eksplorasi, menambang, dan memproses bijih yang mengandung tembaga, emas, dan perak di daerah dataran tinggi di Kabupaten Mimika, Provinsi Papua, Indonesia. Kami memasarkan konsentrat yang mengandung tembaga, emas, dan perak …
Freeport's new $3.4 billion smelter at the Java Integrated Industrial Park Estate (JIPE), north of Surabaya, was originally planned to be commissioned by mid-2024 but construction is reportedly running behind schedule. When complete, the facility and Mitsubishi's existing Gresik smelter, PT Smelting, which began commercial operations in ...
Tailings. Detail. Salah satu perusahaan tambang terkemuka di dunia, PT Freeport Indonesia melakukan eksplorasi, menambang, dan memproses bijih yang mengandung tembaga, emas, dan perak di daerah dataran tinggi di Kabupaten Mimika, Provinsi Papua, Indonesia. Kami memasarkan konsentrat yang mengandung tembaga, emas, dan perak …
The Freeport Gold and Copper mine is located in the alpine region of West Papua at an altitude of 4000 metres above a glacier and between two peaks of over 5000 metres. The mine is to large that ...