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Business 8 years ago
Indonesia extends export recommendation for Freeport
The Energy and Mineral Resources Ministry has extended the export recommendation for gold and copper miner PT Freeport Indonesia amid sluggish progress in the negotiation of the divestment of 51 percent of the company’s shares to Indonesian entities.
Business 8 years ago
Trade Ministry ready to issue export permit for Freeport
Trade Minister Enggartiasto “Enggar” Lukita has said his ministry is ready to issue a permit for mineral concentrate exports to gold and copper mining firm PT Freeport Indonesia, after US-based Freeport McMoRan agreed reduce its stake in its Indonesian subsidiary to 49 percent and construct a smelter.
Business 8 years ago
Sabotage ruled out in Freeport's pipeline incidents
The Papua Police said they had ruled out the possibility of an intention to commit sabotage being the motive behind recent cuttings of PT Freeport Indonesia concentrate pipelines at the gold and copper mining giant’s site in Mimika regency.
Business 8 years ago
Trade Ministry issues concentrate export permit for Freeport
The Trade Ministry has issued a permit allowing PT Freeport Indonesia to export its supply of copper concentrate, as the mining giant continues to settle its differences with the government on matters relating to the conversion of a Contract of Work (CoW) signed in 1991 into a special mining license (IUPK)
