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Grasberg Mine location map. The Grasberg mine has one of the largest reserves of gold and copper in the world. [2] [3] It is located in Mimika Regency, Central Papua, Indonesia near Puncak Jaya. It is operated by PT Freeport Indonesia (PTFI, see below), a joint venture among the government of Indonesia, government of Central Papua, and American ...
Underground portion of Grasberg Mine in Central Papua visited by President of Indonesia Joko Widodo. Freeport is the world's largest producer of molybdenum, and one of the largest producers of copper. [47] In 2019, 79% of its revenues were from the sale of copper, 11% were from the sale of gold, and 8% were from the sale of molybdenum. [47]
The first copper refinery was opened in 1996 in Gresik, East Java, for the smelting of ores from the Freeport Grasberg mine. [7] Two more smelters, one in Gresik as Freeport's second smelter and another by Amman Mineral (Batu Hijau's new operator) in West Sumbawa, were inaugurated in September 2024. [8]
Tembagapura is a district in Mimika Regency, part of the Indonesian province of Central Papua, centered on an urban village built to support the Grasberg Mine.The district covers 2,586.86 km 2, and it had a population of 16,917 at the 2010 Census and 23,022 at the 2020 Census.
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Papua New Guinea has granted police emergency powers, including the use of lethal force, to contain the violence in Porgera between illegal settlers squatting near the gold mine and local ...
Papua New Guinea has large reserves of minerals and gas. The mineral exports are gold, silver, copper, nickel, and cobalt. According to the Bank of Papua New Guinea's Quarterly Economic Bulletin, the weighted average kina price of Papua New Guinea's export commodities (excluding LNG) increased by 20.7% in September 2021, compared to an increase ...