| Indonesia says will issue Freeport contract extension promptly once amendment finalised | |
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JAKARTA, Oct 16 (Reuters) - Indonesia's energy ministry said a contract extension for U.S. miner Freeport-McMoRan Inc's Indonesian operations will be given "promptly" once the government implements a planned mining regulatory amendment. Freeport Indonesia would be able to seek a contract extension as soon as the amendment was completed and the government "will not unreasonably withhold or delay approval," it said in a letter to the company dated Oct. 7, and distributed to reporters on Friday. Indonesia aims to finalise the amendmend by year end. (Reporting by Wilda Asmarini; Editing by Richard Pullin)
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Freeport McMoRan Copper and Gold Inc.
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PRODUCER |
CODE : FCX |
ISIN : US35671D8570 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Freeport McMoran is a gold and copper producing company based in United states of america. Freeport McMoran produces gold, copper, cobalt, molybdenum and silver in Chile, in Congo Dem. Rep. of, in Indonesia and in Peru, develops copper in Peru, and holds various exploration projects in Chile. Its main assets in production are CANDELARIA, EL ABRA, CHINO - MILL, HENDERSON, MIAMI - ROM LEACH, MORENCI - MILL, OJOS DEL SALADO, MORENCI and MORENCI - ROM LEACH in Chile, GRASBERG, SIERRITA and BAGDAD in Indonesia, TENKE FUNGURUME and TYRONE in Congo Dem. Rep. of and CERRO VERDE in Peru, its main asset in development is SAFFORD in Peru and its main exploration properties are BAGDAD - ROM LEACH and CHINO - ROM LEACH in Peru and CERRO VERDE - MILL, CERRO VERDE - CRUSHED LEACH, CERRO VERDE - ROM LEACH, EL ABRA - ROM LEACH and CLIMAX in Chile. Freeport McMoran is listed in Germany and in United States of America. Its market capitalisation is US$ 72.4 billions as of today (€ 67.6 billions). Its stock quote reached its lowest recent point on March 06, 2020 at US$ 10.00, and its highest recent level on April 26, 2024 at US$ 49.99. Freeport McMoran has 1 448 000 000 shares outstanding. |