Indonesia and Freeport-McMoRan Inc.

An Indonesian policeman was shot dead and another was seriously wounded near a giant US-owned copper and gold mine Wednesday, authorities said, the latest in a string of shootings in restive Papua province.The killing comes as police and armed separatists are locked in a standoff near Freeport-McMoRan's mine, one of the world's biggest, with both sides blaming each other for what police have claimed was a hostage crisis.Local authorities said unidentified gunman opened fire on a pol

Freeport-McMoRan signalled it’s made progress with Indonesia on how to value its flagship Grasberg mine, but warned that the final stages of divestment negotiations are complex.“We are working with the government to have a complete resolution of those issues, and the current goal that we’re both working on is by the end of the year,” Chief Executive Officer Richard Adkerson said from Jakarta during a two-hour long earnings call that was, once again, dominated by questions about Indonesia.

At least one gunman has wounded three people near a huge Indonesian gold and copper mine owned by US firm Freeport-McMoRan, the company said Sunday.The attacks occurred near the vast Grasberg mine in Indonesia's rugged eastern province of Papua.Mysterious shooting ambushes on the roads surrounding the company's massive open-pit mine are not uncommon and have resulted in deaths in the past.The attacks on Saturday injured two policemen and a security contractor, according to Freeport

Indonesia will turn to private investors for the hundreds of billions of dollars in investment needed to develop the archipelago’s infrastructure and natural resources, President Joko Widodo said, brushing off claims he was increasingly becoming an economic nationalist.All major projects will be offered to the private sector, Widodo, also known as Jokowi, told Bloomberg Television’s Haslinda Amin on Saturday in an interview on a hilltop overlooking the picturesque Lake Toba.