Earlier, the Grasberg mine was reliant on open-pit mining, but has now shifted to low-cost, underground mining, currently featuring three operating underground mines (Grasberg Block Cave ...

This is primarily attributed to the Grasberg mine in Papua, Indonesia, one of the largest gold and copper mines globally. Freeport McMoRan, as the operator, holds a 48.76% stake in the mine.

LONDON (Reuters) - Freeport-McMoRan is preparing to ship as much as 900,000 metric tons of copper concentrate starting in June from its Grasberg mine after positive talks with Indonesia to extend its ...

US-headquartered Freeport-McMoRan has suspended operations at its Grasberg mine, in Indonesia, after intense rainfall resulted in flooding and a flow of debris, damaging infrastructure near its ...

Grasberg. Der Ehrenbürgermeister hat Humor. Das Treffen steht schon länger fest. Aber nun muss Heinrich Blanke doch noch einmal anrufen, um an die erforderliche Ausrüstung zu erinnern: Seil ...

Grasberg. Fünf Parteien, eine Bürgermeisterkandidatin – die Auswahl zur Kommunalwahl in Grasberg ist dieses Mal größer als bei der letzten Wahl. Für den Gemeinderat, das wichtigste ...

SINGAPORE (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, including at ...

U.S.-based miner Freeport McMoRan is continuing operations at its Grasberg mine in the Indonesian province of Papua, despite 56 of its employees testing positive for COVID-19. Workers say that if ...

BARRICK Gold did not have competitors for the Grasberg copper/gold mine it has an interest in buying from Freeport McMoRan, but it could years to pull off any transaction, said Reuters citing the ...

Freeport McMoRan (NYSE:FCX) and Rio Tinto (LON:RIO) signed Thursday final agreements that give Indonesia a majority stake in their Grasberg copper mine, the world’s second-largest, and which ...

The heads of agreement establishes a structure for Indonesia, through its State-owned mining holding company PT Inalum, to gain control of the Grasberg mine located in the country's eastern ...

The Heads of Agreement details the proposed principal terms for the sale of Rio Tinto's entire interest in Grasberg to Inalum, Indonesia's state mining company, for $3.5 billion. The agreement ...