In 1989, the company sold about $15 billion in assets to finance development of the Grasberg mine and the Main Pass offshore sulfur-oil-gas deposit off Louisiana 1990s In 1994, the company completed the corporate spin-off of its entire interest in Freeport-McMoRan Copper & Gold, which owned the Grasberg mine
Indonesia to take control of Freeport's largest gold ,
Jul 12, 2018· The deal includes Australian miner Rio Tinto's participating interest in Freeport Indonesia's operations at the Grasberg mine in Papua province, one of the world's largest gold and copper pits
Grasberg Mine, Indonesia - earthobservatorynasagov
Jun 25, 2005· Located in the Sudirman Mountains of the Irian Jaya province of Indonesia, the Grasberg complex (also known as the Freeport Mine) is one of the largest gold and copper mining operations in the world The Sudirman Mountains form the western portion of the Maoke Range that extends across Irian Jaya from the west to the east-southeast These ranges were formed by ongoing collision of the .
Indonesia: Grasberg Copper Production Set to Plunge in ,
Through its subsidiary, PT Freeport Indonesia (PT-FI), FCX mines one of the world’s largest copper and gold deposits in the Grasberg minerals district in Papua, Indonesia In addition to copper and gold, PT-FI produces silver PT-FI operates in the remote highlands of the Sudirman Mountain Range in the province of Papua, Indonesia, which is on the western half of the island of New Guinea
The Grasberg mine is the largest gold mine and the second largest copper mine in the world It is located in the province of Papua in Indonesia near Puncak Jaya, the highest mountain in Papua It has 19,500 employe It is mostly owned by Freeport-McMoRan (FCX), which owns 9064% of PT Freeport Indonesia (PT-FI), the principal operating subsidiary in Indonesia, including 936% owned through .
Super Structures of the World - Ep 1 "Grassburg Mine ,
The Grasberg mine complex is one of the latter It is certainly large clocking in at 3094 Billion tonnes of 055 % Copper and 049 g/t Gold (2007, Measured and Indicated and Inferred), the location next to the highest peak in Australasia the 5030 m Puncak Jaya is one of the most striking in the industry- but there is more It is the human .
Grasberg Open Pit Copper Mine, Tembagapura, Irian Jaya ,
Located some 60 miles north of Timika, at Tembagapura in Irian Jaya – the most easterly of Indonesia’s provinces – on the western half of the island of New Guinea, the Grasberg mine has the world’s single largest known gold reserve and the second largest copper reserv
The world's 20 largest copper mines produce nearly 9 million metric tons of the precious metal a year, about 40 percent of the world's total copper mine capacity Chile and Peru, alone, account for about half of the copper mines on this list, but the US does make the cut, with two mines among the top 20
Grasberg, located in the province of Papua in Indonesia, is one of the world’s largest copper and gold mines in terms of ore reserves and production It is owned and operated by Freeport Indonesia (PTFI), a subsidiary of US-based Freeport-McMoRan Copper & Gold Inc (FCX) Rio Tinto has a joint venture with FCX for a 40 per cent share of .
Grasberg: Indonesia hits back over environmental claims
Grasberg Copper-Gold Mine, West Papua, Indonesia Project Description The Grasberg mine operated by Freeport McMoRan and jointly owned by Freeport and Rio Tinto is one of the largest mining clusters on the globe The mine is located in the very remote highlands of the Sudirman mountain range in the province of Papua, Indonesia
Freeport pressed to give most of Grasberg copper-gold mine ,
Grasberg Mine, Gunung Bijih District (Grasberg District), Carstensz Mts, New Guinea, Papua Province, Western New Guinea (Irian Jaya), Indonesia : Gigantic porphyry copper-gold deposit Reserves of 17 billion tonnes of ores grading at 11% Cu and 12 g/t Au The largest gold mine and the third largest copper mine in the world It is .
Potter, D, 1996, What makes the Grasberg anomalous, implications for future exploration, in Porphyry related copper and gold deposits of the Asia Pacific region: Conference Proceedings, Australian Mineral Foundation, Glenside, South Australia, p 101 1013
Apr 26, 2015· Location: Papua, Indonesia Products: Gold & Copper Owner: Freeport-McMoRan Deposit Type: Porphyry deposits associated with the 32 to 27 Ma Grasberg Igneous Complex, porphyry ores of the 44 to 30 Ma Ertsberg Diorite 25 km to the south, and a series of skarns depositsTogether these deposits account for near 80 Mt of copper and around 3900 tonnes of gold (including inferred ,
The Grasberg mine is one of the most polluting mines in the world Every day, Freeport dumps 230,000 tonnes of polluted rubble in the Aghawagon river This is equivalent to 325 billion tonnes over the total lifetime of the mine The waste contains heavy metals such as copper, arsenic, cadmium and mercury, killing off life in the river
World's Largest Gold Mine - Grasberg Mine - YouTube
Dec 17, 2013· The Grasberg Mine is the largest gold mine and the third largest copper mine in the world It is located in the province of Papua in Indonesia near Puncak Jaya Audio Credit :Highlight Reel by .
Showdown in Indonesia Brings World’s Biggest Gold Mine to ,
Feb 22, 2015· The story of the Grasberg mine began in the mid-1930s when Dutch colonists discovered copper deposits in the Jayawijaya Mountain glaciers in the Indonesian part of New Guinea Mining operations commenced in 1972, however the mine was largely exhausted by the mid-1980s It wasn’t until 1988 when PT .
How Much Is The Grasberg Transition Expected To Weigh On ,
PT-FI began open-pit mining of the Grasberg ore body in 1990 and is currently mining the final phase of the Grasberg open pit, which contains high copper and gold ore grad PT-FI expects to mine high-grade ore over the next several quarters prior to transitioning to the Grasberg Block Cave underground mine in the first half of 2019
Freeport Seals Pact With Indonesia on Giant Grasberg Mine
Jun 07, 2015· Deposit Type: Porphyry deposits associated with the 32 to 27 Ma Grasberg Igneous Complex, porphyry ores of the 44 to 30 Ma Ertsberg Diorite 25 km to the south, and a series of skarns depositsTogether these deposits account for near 80 Mt of copper and around 3900 tonnes of gold ,
Freeport to yield control of giant Grasberg copper mine to ,
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