copper gold grasberg

  • Grasberg Block Cave Underground Mine

    Grasberg Block Cave (GBC) is an underground copper and gold mine located within the Grasberg minerals district, Papua Province, Indonesia. The GBC mine forms part of the larger Grasberg mining operation that also includes three more underground mines namely, DOZ, DMLZ, and Big Gossan.

  • Indonesia''s grand plan to sink world''s richest mine

     · A worker walks in an underground section of the Grasberg copper and gold mine. Photo: AFP/Antara Foto. Although PTFI''s 29,000-strong Grasberg work force has been hit by the Covid-19 outbreak, work on the $10 billion underground expansion continues apace, with FCX''s first quarter report only noting a deferred $200 million mill project.

  • BankTrack – Grasberg gold and copper mine

    About Grasberg gold and copper mine. The Grasberg mine, located in the indonesian province of Papua, on the island New Guinea, just north of Australia, is being run by the mining company Freeport McMoran. The Grasberg mine is the biggest goldmine and the third biggest coppermine in the world.

  • Grasberg: Mining the Richest and Most Remote Deposit of ...

     · A solid mountain of gold and copper in one of the last wildernesses in the world - fascinating. Having only read about the negative political and environmental impacts of the Grasberg mine on the indigenous people of Irian Jaya, this book provided a counter-balance.

  • Freeport-McMoRan: Bullish Copper Outlook Driven By ...

     · The high grades of copper combined with this gold component make Grasberg one of the mining industry''s truly most valuable fabulous asset in its history. As gold …

  • Grasberg Copper-Gold Mine

    Grasberg Copper-Gold Mine. The Grasberg mine operated by Freeport McMoRan and jointly owned by Freeport and Rio Tinto is one of the largest mining clusters on the globe. The mine is located in the very remote highlands of the Sudirman mountain range in the province of Papua, Indonesia. The Grasberg ore bodies contain very high combined copper ...

  • Papua rebels raise hell near Indonesia''s richest mine ...

     · The attack near the Grasberg, the world''s second-largest copper mine, comes as global copper prices hit their highest level since August 2011 at US$9,885 per ton on the London Metal Exchange. The surge to date has been driven by post-pandemic global economic recovery hopes.

  • Copper-Gold ± Molybdenum Deposits of the Ertsberg-Grasberg ...

     · "Copper-Gold ± Molybdenum Deposits of the Ertsberg-Grasberg District, Papua, Indonesia", Geology and Genesis of Major Copper Deposits and Districts of the World: A Tribute to Richard H. Sillitoe, Jeffrey W. Hedenquist, Michael Harris, Francisco Camus

  • Grasberg mine

    The Grasberg ore bodies contain very high combined copper-gold grades, especially when considering the size of production. As ore ex-traction from the open pit will be soon uneconomic due to the increased strip, production will continue to move underground with block caved ore from the Grasberg …

  • Freeport does a balancing act as world''s biggest gold mine ...

     · When miners at Indonesia''s giant Grasberg gold and copper mine started testing positive for coronavirus early in the pandemic, the mountain-top …

  • Grasberg Copper-Gold Mine

    The Grasberg mine operated by Freeport McMoRan and jointly owned by Freeport and Rio Tinto is one of the largest mining clusters on the globe. The mine is located in the very remote highlands of the Sudirman mountain range in the province of Papua, Indonesia. The Grasberg ore bodies contain very high combined copper-gold grades, especially when ...

  • Grasberg Copper-Gold Mine

    The Grasberg ore bodies contain very high combined copper-gold grades, especially when considering the size of production. Grasberg copper and gold mine in Papua province Indonesia Sika shortcret Sigunit application at Grasberg mine construction site

  • Grasberg Copper-Gold Mine, Irian Jaya | Flickr

    Satellite images showing downstream impacts from mining operations at the giant Grasberg open-pit gold/copper mine in Irian Jaya, Indonesia, operated by Freeport McMoRan Copper & Gold, Inc. of New Orleans. Tailings from the open pit in the mountains are dumped into the Aghawagon, Otomona and Ajkwa rivers, ultimately discharging into the Arafura Sea.

  • Top 10 Copper Companies Codelco Is The First | Knews

     · The company will continue to make significant investments in Grasberg to increase both copper and gold production. 5. Mexican group. Production: 975898 tons. Grupo Mexico''s mining department is the country''s largest copper producer. In 2020, the company consumed record copper production despite the global coronavirus crisis.

  • Grasberg Gold Mine ~ Mining Geology

     · Grasberg''s milling and concentrating complex is the largest in the world, with four crushers and two giant semi-autogenous grinding (SAG) units processing a daily average of 240,000t of ore. "This is a high-grade resource, with averages of 1.5% copper and 2 g/t gold."

  • Grasberg Mine – Tembagapura, Indonesia

    The Grasberg Mine is a vast open pit mine in Papua, Indonesia, forming a crater an entire mile wide. For years it has been one of the most productive mines in the world, with massive reserves of ...

  • Freeport-McMoRan Copper & Gold

    Freeport-McMoRan Copper & Gold Inc. (Freeport) is a large international mining company, headquartered in Phoenix, Arizona. Freeport operates globally, mining largely copper, gold, and molybdenum; it is the largest single producer of molybdenum in the world. Freeport operates the Grasberg mine in Indonesia (the largest gold mine and the third ...

  • Freeport-McMoRan

    The company operates the world''s largest and most profitable gold mine, the Grasberg mine in Papua, Indonesia.. In 2005, The New York Times reported that the company paid local military and police generals, colonels, majors and captains, and military units, a total of nearly US$20 million between 1998 and 2004. One individual received up to US$150,000. The payments were meant to secure the reserv

  • Freeport-McMoRan: Upside Potential On Copper Rally ...

     · From the above, we have to deduct 50% of production for Grasberg, that after the ramp up should be a total production of 1.6 million pounds of copper and 1. 7 million ounces of gold …

  • The $100bn gold mine and the West Papuans who say they are ...

     · Today, these remote, sharp-edged mountains are part of West Papua, Indonesia, and home to the Grasberg mine, one of the biggest gold mines – and third largest copper …

  • Barrick CEO sees no competition in his bid for Freeport''s ...

    Grasberg ranks as the world''s second-largest copper mine and largest gold mine and would enable Barrick to take advantage of rising demand for copper in the electric vehicle industry.

  • Freeport-McMoRan Goes for the Gold (and Copper) Again ...

     · Grasberg is the world''s largest gold mine and is the third-largest copper mine. Freeport had expected it would produce some 500,000 tonnes of copper in 2013, along with 1.25 million ounces of gold.

  • Why Barrick Gold Won While Freeport-McMoRan Lost

     · Freeport-McMoRan''s revenues are mostly concentrated in copper, which made up 62% of FCX''s revenues in 2019. In contrast to gold, the effect of …

  • This Mine Has $108 Billion in Gold and Copper, and You''ve ...

     · Grasberg sounds like a bucolic little town with picket fences and tire swings nestled into the great heartland of America. Nope, it''s a giant gold and copper mine complex in Indonesia.

  • Police officer killed near Grasberg

     · A police officer has reportedly been killed near the giant Grasberg copper-gold mine in Indonesia. Freeport-McMoRan is transitioning the Grasberg openpit in Indonesia to …

  • Freeport mine | WWF

    In 1987, the discovery of the massive Grasberg orebody propelled Freeport to its current position as an industry giant. Estimates suggest that the mine has both the third largest reserves of copper, and the second largest reserves of gold, in the world. Massive output of copper, gold and taxes

  • Freeport''s Grasberg/Ertsberg Mine in West Papua, Indonesia

    copper producer Phelps Dodge Corp. in 2007. It had been investing in the exploration and exploitation of copper, gold and silver in the Grasberg/Ertsberg mine in Papua province, Indonesia (formerly Irian Jaya or West Papua), the world''s largest gold mine and the second largest copper mine deposit,1 since 1967. The Business Rationale for the ...

  • Grasberg Mine, Indonesia

    The rich copper ore was discovered in the area in 1936, and the Grasberg gold-bearing ore was discovered in 1988. This astronaut photograph illustrates the approximately 4-kilometer-wide open-pit portion of the mine complex; there are also extensive underground mine workings.

  • Freeport-McMoRan Inc.

     · Revised 2019 mine plans for the Grasberg open pit are expected to meet and provide an opportunity to exceed the April 2019 estimates for copper and gold production for the year 2019. PT-FI will continue to monitor geotechnical conditions to determine the extent of mining in the open pit.

  • Freeport''s Grasberg go-go days back as gold, copper prices ...

     · Grasberg''s proven and probable reserves estimate at its four producing mines and one undeveloped mine at end-2019 was pegged at 46.4 million ounces of gold, 18.9 million tonnes of copper…

  • Significance of high temperature fluids and melts in the ...

     · Chalcopyrite-bornite veins account for the bulk of the copper and gold in the Grasberg deposit. The spatial distribution of the ore metals is shown in detail in Fig. 4 of Leys et al. (2012) . Pollard et al. (2005) group the major episode of chalcopyrite-bornite mineralisation at Grasberg with the anhydrite-quartz veins and molybdenite veins ...

  • Grasberg: Mining the richest and most remote deposit of ...

    Grasberg: Mining the richest and most remote deposit of copper and gold in the world, in the mountains of Irian Jaya, Indonesia [Mealey, George A] on Amazon . *FREE* shipping on qualifying offers. Grasberg: Mining the richest and most remote deposit of copper and gold in the world, in the mountains of Irian Jaya

  • Barrick CEO sees no competition in his bid for Freeport''s ...

     · Grasberg ranks as the world''s second-largest copper mine and largest gold mine and would enable Barrick to take advantage of rising demand for copper in the electric vehicle industry.

  • INDONESIA | Freeport-McMoRan

    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. In addition to copper and gold, PT-FI produces silver. FCX has a 48.76 percent interest in PT-FI and manages its mining operations. PT-FI''s results are consolidated in FCX''s financial statements.

  • Major Mines & Projects | Grasberg Mine

    PT-FI began open-pit mining of the Grasberg ore body in 1990. The final phase of the Grasberg open pit was mined during 2019, including the removal of the open pit ramps. In aggregate, the Grasberg open pit produced over 27 billion pounds of copper and 46 million ounces of gold …

  • Great Deposits of the World – Grasberg Part 1 | Geology ...

     · The Grasberg mine complex is one of the latter. It is certainly large clocking in at 3.094 Billion tonnes of 0.55 % Copper and 0.49 g/t Gold (2007, Measured and Indicated and Inferred), the location next to the highest peak in Australasia the 5030 m Puncak Jaya is one of the most striking in the industry- but there is more. It is the human ...