Grasberg Mine

Indonesian policeman shot near mine

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

15 November 2017
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Freeport hopes for 2017 deal from Indonesian talks

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.

26 October 2017
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