Grasberg Mine

Indonesia / Papua / Nabire /
 quarry, copper mine, mining, gold mine, silver mine
The giant Grasberg gold & copper mine is majority owned through a subsidiary by Freeport-McMoRan, based in the United States (67.3%), along with its wholly owned subsidiary, PT Indocopper Investama Corporation (9.3%), and the government of Indonesia (9.3%), and additionally, a production sharing JV with Rio Tinto Group (13%). The cost of building a mine on the mountain was $3 billion United States dollars. In 2006, it was estimated to have 2.8 Gt (2.8 E9 tonnes) reserves graded at 1.05% copper, 0.98 g/t gold and 3.87 g/t silver. The 2006 production was 610,800 t Copper, 58,474,392 g gold, and 174,458,971 g silver
Wikipedia article: http://en.wikipedia.org/wiki/Grasberg_mine
Nearby cities:
Coordinates:   4°3'11"S   137°6'40"E

Comments

  • Edan-edanan
  • Modern American Colonialism..... Top Of The World!!!
  • Yankees, go home!
  • so, this where the money to build warhead come from...
  • Indonesian government as the owner of the island only get 9.3%. Gosh is Indonesian people stupid or what?
  • kaya tauke ni. Kos melepasnya pencemaran alam.(keburukan)
  • ya ampun, kok dekat Gunung Jayawijaya ? padahal ini jelas2 merusak lingkungan, GBU for Indonesia from Neocolonialism and liberation ;)
  • Damn right John, n we're still amien to that.
  • NICE STUPID YOU
  • pray for indonesia :( Please action action action beat this colonialism :(
  • Show all comments
This article was last modified 4 years ago