Freeport Indonesia has new mining permit valid to 2031

By Reuters / December 21, 2018 / www.mining.com / Article Link

JAKARTA - A special mining permit given to Freeport McMoRan unit PT Freeport Indonesia on Friday is valid up to 2031, and could be extended to 2041, an energy ministry official said.

* Copper ore output from Freeport's Grasberg mine is expected to decline in 2019 once open pit mining ends this year, Freeport Indonesia chief executive Tony Wenas said

* Output from the mine is expected to increase once again in 2020, Wenas said.

(By Fergus Jensen; Editing by David Evans)

Recent News

Gold and silver price ETFs see major net outflows

November 04, 2025 / canadianminingreport.com

Gold stocks decline by less than metal price

November 04, 2025 / www.canadianminingreport.com

A shift to the later stages of gold and silver bull markets

October 27, 2025 / www.canadianminingreport.com

Gold stocks plunge on metal drop

October 27, 2025 / www.canadianminingreport.com

Gold stocks still up after pullback late in the week

October 20, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok