The Grasberg mine in Indonesia is the world's largest and richest gold mine, producing 48 tonnes of gold a year, and has reserves worth an estimated $40 billion.

Deep in the rugged mountains of Papua, Indonesia, one of the most astonishing mining operations on Earth continues to shape the global metals market. The Grasberg Mine, often referred to as the ...

Indonesian President Prabowo Subianto will inaugurate a smelter or gold refining facility through Precious Metal Refinery in ...

PTFI has forecast a 7.2 percent decline in copper output as well as a 9.2 percent decline in gold output this year, resulting ...

Experts view PTFI’s gold refinery as a major step for the national gold industry, but whether Indonesia can become a major ...

In Indonesia, where Freeport operates the Grasberg copper and gold mine, Quirk said the company expects to reach an agreement soon with Jakarta that would allow copper concentrate exports by the ...

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals.

Indonesia's government may allow Freeport McMoRan ( NYSE: FCX) to export ~1M tons of copper concentrate, Energy and Mineral ...

Indonesia will issue Freeport Indonesia a six-month permit to export copper concentrate while its smelter is repaired, which will also ensure the government continues to receive royalty payments, the ...

Diamond Hill Capital, an investment management company, released its “Large Cap Concentrated Fund” fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here.

Indonesia has boosted its push toward downstreaming the mining sector with the opening of PT Freeport Indonesia's (PTFI) new ...