Bull's-eye

Article Abstract:

Issues surrounding Freeport Indonesia Inc.'s Grasberg gold and copper mine in Indonesia have become a major focal point for international environmental and human rights activists. The organizations object to a perceived lack of care for the 20,000 Irianese tribal people living in the vicinity of the mine, and they are angry about plans to double mining activity. They view the multinational corporation as collaborators with a corrupt, authoritarian government. Freeport maintains that it has addressed environmental concerns, and that local politics have hampered social projects.

Political organizations, Environmental Protection Groups, Management, Environmental associations, Indonesia, P.T. Freeport Indonesia

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Greens strike one: environmentalists score over Indonesia's Freeport

Article Abstract:

The US federal Overseas Private Investment Corp recently cancelled Freeport-McMoran Copper & Gold's $100 million political risk-insurance policy despite Indonesion President Suharto's lobbying of US President Bill Clinton. Opic said the mining giant's $3 billion Irian Jaya operation had grown beyond the production levels foreseen in the policy, but most saw the hand of US and Indonesian environmental groups behind the move. The cancellation embarrassed Freeport, which seemed to have left such concerns behind it.

Insurance, Freeport-McMoRan Copper and Gold Inc., FCX, United States. Overseas Private Investment Corp.

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Crunch time for refiners

Article Abstract:

Operations in Freeport's Grasberg copper mine in Papua are temporarily stalled due to the landslides. The negative impact that this closure will have on an already tight copper market is highlighted.

Facilities & equipment, Production management, Primary copper, Papua New Guinea, Copper industry, Buildings and facilities, Freeport Copper Inc.

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