Consolidated Sales Volumes. First-quarter 2018 copper sales of 993 million pounds approximated the January 2018 estimate of 1.0 billion pounds, and were higher than first-quarter 2017 sales of 809 million pounds, primarily reflecting higher operating rates in Indonesia.
Gold mining companies are active on all continents on earth. This wide geographical distribution in production means that interruptions in any single region due to local political or social matters are unlikely to have a large impact on the global gold supply.
About Us. As an affiliate of Freeport-McMoRan, One of the world's leading mining company, PT Freeport Indonesia to exploration, mining and processing ore containing copper, gold and silver in the highland areas of Mimika District, Papua Province, Indonesia.
Rio Tinto in talks for Grasberg copper stake sale. Rio Tinto confirmed that discussions between it, Indonesia's state mining holding company Inalum and miner Freeport were ongoing, "including as to price," noting reports of a potential $3.5 billion (2.6 billion pounds) purchase price.
About the Site The PT Freeport Indonesia copper and gold mining complex, consisting of an open-pit mine and two underground mines, is located in the remote highlands of the Sudirman Mountain Range in the province of Papua, Indonesia, which is on the western half of the island of New Guinea.
Getting to know you. The self-proclaimed "premier publicly traded copper company," Freeport-McMoRan's portfolio includes 11 copper- and molybdenum-producing mines in the Americas in addition to Grasberg -- one of the world's largest copper and gold deposits -- located in Indonesia.