Copper $ 5.51 / lb 1.52%
Brent Crude Oil $ 60.47 / bbl 1.17%
Palladium $ 1786.9 / ozt 0.50%
Crude Oil $ 56.66 / bbl 1.12%
Natural Gas $ 3.984 / Btu 1.07%
Silver Futures $ 67.489 / ozt 3.17%
Aluminum Futures $ 2868 / ton 0.00%
Micro Gold Futures $ 4418.8 / ozt 0.53%
Micro Silver Futures $ 67.489 / ozt 3.16%
Platinum $ 2018.6 / ozt 3.35%
Gold Futures $ 4387.3 / ozt 0.54%
Go to MDC Markets

Indonesia sets framework for Freeport to yield control of Grasberg mine

Cecilia Jamasmie | January 12, 2018 | 6:34 am Base Metals Precious Metals Top Companies Asia Copper Gold Lead Nickel 

Indonesian authorities inked Friday a deal with state-owned holding Asahan Aluminum, or Inalum, which sets a framework for Freeport-McMoRan (NYSE:FCX) to transfer control of its massive Grasberg copper and gold mine as agreed last year. The country and the Phoenix,...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now