Find high-quality Grasberg Mine stock illustrations from Getty Images. The outlook for Freeport's Grasberg Mine in Indonesia should become brighter over the next year Where Will Freeport-McMoran, Inc. Be in 1 Year? Freeport-McMoRan Stock Whipsawed after 4Q15 Earnings Release (Continued from Prior Part)Grasberg mine. PT-FI’s results are consolidated in FCX’s financial statements. In addition to copper and gold, PT-FI produces silver. Previously, we’ve seen that Freeport-McMoRan (FCX) expects its … Keeping its primary focus on expanding the Grasberg copper-gold mine in Indonesia, Freeport-McMoRan (NYSE:FCX) has cleared its two year schedule … Freeport-McMoRan Inc. (“FCX”), formerly known as Freeport-McMoRan Copper & Gold Inc., was established in 1988 following the discovery of the Grasberg copper and gold deposit in Papua, Indonesia, when FCX’s former parent company, then known by the New York Stock Exchange trading symbol of “FTX”, sold 20 percent of the company in an initial public offering, or IPO. How will this affect an investment in FCX since probably 1/3 of its value rests in this mine? Mineralisation is largely disseminated and chalcopyrite dominant, having average grades of 1.2% copper and 0.5g/t gold. FREEPORT-MCMORAN INC. : News, information and stories for FREEPORT-MCMORAN INC. | Nyse: FCX | Nyse Through its subsidiary, PT-FI, FCX mines one of the world’s largest copper and gold deposits in the Grasberg minerals district in Papua, Indonesia. Download this Grasberg Mine photo now. Find high-quality Grasberg Mine stock photos and editorial news pictures from Getty Images. Download premium images you can't get anywhere else. By wbfcpa, July 16, 2018 . FCX and Grasberg copper mine. The DOZ underground mine was worked between 1989 and 1991, and was then reopened in 2000. Hi Travis, do you have a take on the impact of Freeport McMoran & Rio Tinto handing over control of the Grasberg mine to Indonesian control? William Ford.

Download premium images you can't get anywhere else. Earlier this month Freeport-McMoRan slashed its gold sales forecast for the second quarter from 265,000 ounces to around 190,000 as changes at the Grasberg mine… Freeport-McMoRan is working hard to retain as much value as it can at the giant Grasberg mine. The company has greed to reduce its stake in the Grasberg mine to 49% in exchange for licenses to operate the massive copper and gold pit until 2041. | The Motley Fool Latest Stock Picks Freeport-McMoRan Inc. (“FCX”), formerly known as Freeport-McMoRan Copper & Gold Inc., was established in 1988 following the discovery of the Grasberg copper and gold deposit in Papua, Indonesia, when FCX’s former parent company, then known by the New York Stock Exchange trading symbol of “FTX”, sold 20 percent of the company in an initial public offering, or IPO. And search more of iStock's library of royalty-free stock images that features Cloud - Sky photos available for quick and easy download. The sheer size of the asset in its portfolio means it has little choice. FCX has a 48.76 percent interest in PT-FI and manages its mining operations. The Grasberg open pit mine started operations in 1990 and is expected to produce through 2017. Freeport-McMoRan Inc. and Indonesia signed a binding landmark agreement for the U.S. miner to hand over majority control of the giant Grasberg copper and gold mine to … This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The second intrusive stage, the Main Grasberg Stock (MG), is composed of non-fragmental, porphyritic monzodiorites, forming a quartz-magnetite dilational stockwork with veinlet controlled copper-gold mineralisation.

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