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View all search resultsFreeportIndonesia
Business 7 years ago
Inalum to issue global bonds
State mining holding company Indonesia Asahan Aluminium (Inalum) plans to issue global bonds whose proceeds will be used to pay for a loan to finance the purchase of majority ownership in Freeport Indonesia (PTFI), the operator of the world’s second-largest copper mine in Papua.
Business 7 years ago
Papua, Mimika must buy Freeport shares: Inalum
The regional administrations of Papua province and the Mimika regency must purchase their 10 percent shares in gold and copper miner PT Freeport Indonesia (PTFI), which operates the Grasberg mine in Papua, state mining holding company PT Indonesia Asahan Aluminium (Inalum) has said.
Business 7 years ago
Purchase agreement for Freeport shares to be inked in August: Inalum
State-owned mining holding PT Indonesia Asahan Aluminium (Inalum) expects to sign an agreement with US-based mining company Freeport-McMoran (FCX) to acquire a controlling stake in PT Freeport Indonesia (PTFI) in August.
Business 7 years ago
Grasberg’s large copper reserves promise large profits: Minister
Energy and Mineral Resources Minister Ignasius Jonan has said the enormous copper reserves in the Grasberg Mine in Papau will deliver large profits for Indonesia, after the country signed an agreement to gain control of the majority share of gold and copper miner PT Freeport Indonesia (PTFI).
Business 7 years ago
HoA with Freeport is big step, Jokowi argues against critics
President Joko “Jokowi” Widodo has called on the public not to underestimate the recent deal agreed between the government and US mining giant Freeport-McMoRan, which he believes is a breakthrough in the final stages toward divesting 51 percent of PT Freeport Indonesia's (PTFI) shares.
Business 7 years ago
Freeport’s divestment deal worth $3.8 billion
The government inked on Thursday a heads of agreement (HoA) on a deal with United States mining giant Freeport-McMoran Inc (FCX) on the divestment of PT. Freeport Indonesia (PTFI), which operates the world’s largest gold mine called Grasberg.
