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Freeport-Mcmoran Wants to Expand Copper Smelter in Gresik

JAKARTA (TheInsiderStories) - American miner, Freeport-McMoRan Inc., (NYSE: FCX) aimed to expand its existing copper smelter at Gresik, East Java by 30 percent, said the company...

Australia’s Asiamet Sell Indokal Shares to Wasesa Indo Nusa

JAKARTA (TheInsiderStories) - An Australian miner, Asiamet Resources Ltd., announced has entered into a non-binding heads of agreement with Indonesia' PT Wasesa Indo Nusa, to acquire...

Freeport Indonesia’s Production Rises 9% in the 2Q of 2020

JAKARTA (TheInsiderStories) - PT Freeport Indonesia (PTFI) ore production capacity at the Grasberg Block Cave and Deep Mill Level Zone (DMLZ) underground mines reached 54,800 metric...

US’s Freeport Cuts Investment, Loss in First Quarter of 2020

JAKARTA (TheInsiderStories) - United States (US) miner, Freeport-Mcmoran Inc., (NYSE: FCX) announced an US$800m reduction in 2020 estimated capital expenditure from initial planned $2.8 billion, includes...

Freeport Indonesia Build New Smelter in East Java

JAKARTA (TheInsiderStories) - The second-biggest copper miner in the world, PT Freeport Indonesia (PTFI), expects to start the construction of a new smelter, processing and...

Freeport’s Underground Mine to Produces 96,000 Tons in 2020

JAKARTA (TheInsiderStories) - PT Freeport Indonesia (PTFI) targeting underground mining volume to reach 96,000 tons of ore per day in 2020. In the following year, the production...

Increase the Liquidity, Indonesia’s Merdeka Copper Stock Split

JAKARTA (TheInsiderStories) - Indonesian miner, PT Merdeka Copper Gold Tbk (IDX: MDKA) has obtained permission from the shareholders to conduct stock split with a...

Freeport Indonesia Gets Permit to Export 500,000 Tons of Copper

JAKARTA (TheInsiderStories) - The Energy and Mineral Resources ministry give a license for PT Freeport Indonesia (PTFI) to increase copper export quotas with amount 500,000...

Freeport Get Permit to Export 300,000 Tons of Copper

JAKARTA (TheInsiderStories) -  Indonesia' Energy and Mineral Resources (EMR) ministry rise PT Freeport Indonesia (PTFI)' quota after approved the revision of the company' Work Plan...

Policy Review: A Long Road To End Up Freeport’s Renegotiation Contract

JAKARTA (TheInsiderStories) - For the umpteenth time PT Freeport Indonesia's (PTFI) share divestment agreement drag on for unexplained reasons. Earlier President Joko Widodo optimistic PTFI divestment could...

Asiamet Moves Ahead with Copper Project after CoW Amended

JAKARTA (TheInsiderStories) – Asiamet Resources Ltd (AIM:ARS), a Bermuda registered company, through its Indonesian operation subsidiary PT Kalimantan Surya Kencana (KSK), has successfully concluded...

Amman Mineral Gets Permit to Build Copper Smelter

JAKARTA (TheInsiderStories) - The construction pof copper smelter facility of PT Amman Mineral Industri (PTAMIN), an affiliated company of PT Amman Mineral Nusa Tenggara, will soon be realized upon...