Indonesia Mining News

Fire hits Freeport Indonesia port facility in Papua

The fire broke out at Amamapare port facilities, where copper concentrate from giant Grasberg copper mine is processed before being loaded to ship.

Freeport Indonesia reopens main supply route to mine after shooting

The latest violent episode and temporary closure had no impact on production at the world’s second-biggest copper mine.

Freeport Indonesia shuts main supply route to mine after shooting

The Indonesian unit of Freeport-McMoRan Inc has temporarily shut the main supply route to its Papua mine after a shooting incident.

Indonesia warns of tough response after Papuan rebels threaten Freeport

Indonesia's military said on Friday it was prepared to take tough measures against rebels who have threatened to "destroy" mining operations of Freeport-McMoRan Inc in the eastern province of Papua in their struggle for independence.

Armed separatists occupy villages near Freeport's Indonesia mine

Armed separatists have occupied five villages in Indonesia’s Papua province, threatening to disrupt Freeport-McMoRan Inc’s giant Grasberg copper mine, which has already been hit this year by labor unrest and a dispute over operating rights.

China's Antaike says global nickel deficit to shrink in 2018

Global deficit in nickel supply to drop 53,000 tonnes in 2018 from 98,000 tonnes this year, partly due to recovery in Chinese production growth.

Australia's Newcrest Q1 gold output falls, quake-hit mine eyed

Gold producer says its total gold output from mines fell to 522,917 oz in the quarter ended Sept. 30 from 615,498 oz in the same period a year earlier.

Freeport says Grasberg stake to fall to 29% – shares dumped

Investors ignore positive third quarter results to focus on lack of meaningful progress in talks with Indonesia over future of giant Grasberg mine.

Rio Tinto wants out of Grasberg now

New report says Rio talking to Indonesian groups to sell interest in giant copper, gold mine – Freeport still at loggerheads with Jakarta about stake sale.

Freeport pressed to give most of Grasberg copper-gold mine to Indonesia ASAP

Freeport agreed in August to divest a 51% stake in Grasberg to local interests in return for full operational control until 2041 plus fiscal and legal guarantees, but a final deal has still to be reached.

Indonesian exports 1.49m wmt of nickel ore by end-Sept

The ministry resumed exports of unprocessed minerals earlier this year and had started to roll out exports quotas in April.

Freeport at loggerheads with Indonesia over divestment-letter

The world's second-largest publicly traded copper company has issues with the proposed divestment plan, including valuation, timing and structure.

Freeport can seek extension for Grasberg permit talks -minister

Indonesia’s mining minister said on Thursday that Freeport McMoRan Inc could request an extension of six months to renegotiate rights to Grasberg.

Investors wary as Tanzania moves to assert more control over mines

New laws and a crackdown on mining firms in Tanzania has slowed fresh investment in what has long been seen as one of Africa's brightest mining prospects

Freeport to yield control of giant Grasberg copper mine to Indonesia

The company has greed to reduce its stake in the Grasberg mine to 49% in exchange for licenses to operate the massive copper and gold pit until 2041.

Copper price rallies after Grasberg violence

Copper above $3.00 after former workers torch dozens of buildings, vehicles at Freeport's Indonesia operations blocking access to world number two mine.

Flash floods hit Freeport Indonesia's mining operations

Flash floods have left one worker missing and caused extensive damage to a power plant at the miner's operations in the eastern-most province of Papua.

Globally established LOESCHE vertical roller mill for use in a cement plant in Pakistan

The new mill will be used in the new line 3 of the cement plant in Hub Chowki in Pakistan, in the Lasbela/Baluchistan district, 20 km north of Karachi. The mills will grind OPC cement with a fineness of 3,300

Indonesia closer to mining deal with Freeport, but hurdles remain

Some issues still need to be resolved before the U.S. miner gets a new operating permit for its huge copper mine.

Peru hit by nationwide mining strike; govt says situation ‘under control’

The indefinite labour action involves 56 unions, which are protesting a government’s proposed reform they see as "anti-workers".

Indonesia seeks meeting with Freeport CEO to end copper mine dispute

Indonesia says it will invite the head of mining giant Freeport McMoRan Inc to Jakarta this month to try to settle a festering dispute over a new deal to operate the world's second-largest copper mine.

As Indonesian nickel ore flows again to China, famine turns to feast: Andy Home

The flow of Indonesian nickel ore to China has resumed after a three-and-a-half year break.

Freeport Indonesia says giant copper mine running as normal despite strike

Company says Grasberg copper mine is running as normal

Freeport Indonesia workers to extend strike for a month – union

Thousands of mine workers at the Indonesian unit of Freeport-McMoRan Inc will extend their strike for another month to protest against layoffs, a union official said on Wednesday.

Nickel production to grow for first time since 2013 — report

More supply will likely drag prices lower, as the metal already touched a one-year low of $8,680 per tonne on the London Metal Exchange last week and is down more than 10% this year.