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    The mining of the final phase of the Grasberg open pit was completed in Q4 2019 and the mine transitioned from openpit mining to largescale underground mining. Grasberg Block Cave is estimated to contain proven and probable reserves of 275.2 billion ounces of copper and 14.2Moz of gold

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    Through its subsidiary, PTFI, FCX mines one of the worlds largest copper and gold deposits in the Grasberg minerals district in Papua, Indonesia. In addition to copper and gold, PTFI produces silver. FCX has a 48.76 percent interest in PTFI and manages its mining

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    Dec 30, 2019In Indonesia, Outlaw Gold Miners Poison Themselves to Survive. One large mining company is trying to shut illegal operations, which use mercury. The

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    Nov 06, 2021Nov 06, 2021Gold Production in Indonesia. Currently, Indonesia produces around four percent of global gold production, half of which originates from the giant Grasberg mine, the world largest gold mine, on the western half of Papua. This mine, which is believed to contain the world's largest gold reserves 67.4 million ounces, is majorityowned by the

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  • INDONESIAMcMoRan

    Through its subsidiary, PTFI, FCX mines one of the worlds largest copper and gold deposits in the Grasberg minerals district in Papua, Indonesia. In addition to copper and gold, PTFI produces silver. FCX has a 48.76 percent interest in PTFI and manages its mining operations. PTFIs results are consolidated in FCXs financial statements.

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