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In 2023, Grasberg churned out a whopping 52.9 tonnes of gold (1.7 million ounces), 680,000 tonnes of copper, and 190 tonnes of silver, making it one of the globe's most lucrative mining operations.
The Grasberg open pit mine started operations in 1990 and is expected to produce through 2017. The DOZ underground mine was worked between 1989 and 1991, and was then reopened in 2000.
President Donald Trump announced a 50% tariff on copper imports on Tueday, a move aimed at bolstering domestic production and ...
His company's Grasberg mine, the largest gold mine in the world, is an immense gaping sore visible from space, caused by the excavation of nearly a billion tons of earth in the past 30 years.
Grasberg Mine Owner: Freeport-McMoRan Type of Mine: Copper, Gold Location: Papua, Indonesia Built: 1990 The largest gold mine and third largest copper. Copper $ 5.584 / lb -0.80%.
A map of the Grasberg mine in Papua. Image by AK Rockefeller/flickr. Sharing the wealth. In 2016 alone, Freeport’s Indonesian operations generated $3.8 billion in revenue for the parent company.
JAKARTA/SINGAPORE (Reuters) – Police in the eastern Indonesian province of Papua have named six people as suspects among 17 arrested on Saturday after a violent demonstration by former mine ...
The Grasberg mine tailings have apparently destroyed the rivers below the mine. These photos, taken in and around the Grasberg mine in the mid-1990s, appear to show a lack of environmental concern ...
Freeport-McMoRan's Grasberg mine in Indonesia August 2013. Work was halted at the mine Saturday after four workers were killed when car collided with a mining truck.
Freeport-McMoRan Inc's Indonesian unit said it will operate the giant Grasberg mine with a "skeletal team" after a rise in coronavirus infections in the area, including at the mine workers' living ...
JAKARTA, March 1 (Reuters) - Freeport-McMoRan's Indonesian unit sees "no returning to business as usual", an internal company memo said, as the miner cut output and laid off workers at its giant ...