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Freeport-McMoRan on Thursday agreed to pay $137.5 million to settle lawsuits surrounding its 2013 acquisition of two companies at a price tag of $9 billion. that the mining company overpaid

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Sep 28, 2018 · Freeport-McMoRan Inc. (NYSE FCX) announced today that it has entered into a Divestment Agreement on previously agreed economic terms with the Indones

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Arizona-based Freeport McMoRan is inching closer to resuming copper exports in Indonesia after agreeing on the basic framework for contract renegotiations. The mining company is working with the Indonesian government to resolve a dispute over a mineral export tax before a new

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Miners Need Certainty about Indonesia's Mineral Ore Export Ban; Big international mining companies, such as Freeport Indonesia and Newmont Nusa Tenggara, continued to export copper concentrate but had to agree to contract renegotiations in order to make their contracts in line with the 2009 Mining Law (including the requirement to establish

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Indonesia closes US$3.85 billion Freeport deal, giving it

Dec 21, 2018 · Indonesia and Freeport agreed in principle in August 2017 to set up Freeport's rights to Grasberg according to a new mining licence but the process was held up by numerous issues, including

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Indonesia plans to buy out Rio's share of Grasberg copper mine

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Feb 09, 2016 · Indonesia's mining ministry on Tuesday recommended that Freeport McMoRan Inc receive a new six-month copper export permit, potentially ending a near two-week stoppage after the previous permit

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Jun 07, 2012 · The parent company, believing it has an ironclad contract, has previously said that any changes to the contract of work would require mutual agreement between Freeport McMoRan and the government of Indonesia. After the new divestment rules were announced in February, Freeport said it would be unaffected by them.

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Indonesia's state-owned miner PT Inalum on Friday took control of the local unit of Freeport-McMoRan Inc, operator of the world's second-biggest copper mine Grasberg, with the closure of a $3.85

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Freeport, Indonesia reach preliminary deal over copper exports

Jul 07, 2014 · Freeport, Indonesia reach preliminary deal over copper exports. hitting a new 52-week high. The stock was trading at US$38.74 in New York at 330 pm ET. conflict with initially signed

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Freeport-McMoRan Agrees On Resolution To Dispute With

Mining company will divest majority share; convert mining contract to special mining permit. WELLINGTON, New Zealand (Radio New Zealand International, April 5, 2017) The mining giant Freeport has agreed on a way forward to a resolution in its prolonged dispute with the Indonesian government over its Papua operations.

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Freeport, Indonesia Agree on Framework for Contract

Free Reports for New Investors; Indonesia and Freeport have agreed on a basic framework for contract negotiations. Newmont Mining Corp (NYSENEM) met with officials as well, according to

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