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The deal has been signed this evening by (union) chairman Sudiro who represented the workers and PT Freeport Indonesia 's president director and CEO have been on strike since September 15, crippling production at the Grasberg mine, which holds the world's largest gold and second-largest copper reserves.
Some 12,000 of 23,000 local employees of PT Freeport Indonesia have staged mass rallies and gone on strike since Sept.
Among them are PT Freeport Indonesia, PT Timah Tbk, PT Antam Tbk and PT Inco Tbk PT Freeport Indonesia PT Freeport Indonesia (PTFI) is a local unit of the US giant Freeport-McMoRan Copper & Gold Inc.
has acquired a 195-megawatt coal-fired power plant and transmission facilities under construction in Irian Jaya, Indonesia, from PT Freeport Indonesia Company (PTFI), which is the principal mining affiliate of Freeport-McMoRan Copper & Gold Inc.
Identify key growth and investment opportunities in the Indonesia's Copper mining industry - Position yourself to gain the maximum advantage of the industry's growth potential Companies Mentioned - PT Freeport Indonesia (PT-FI) - PT Newmont Nusa Tenggara (PTNNT) For more information visit http://www.
Meanwhile, PT Freeport Indonesia, the country's largest copper and gold producer with mine in Papua, will follow to float shares on the BEI before the end of this year.
They said the technical expert was shot while he was riding in a car with three other people around dawn outside the massive Grasberg mining complex operated by PT Freeport Indonesia, a subsidiary of Freeport-McMoran Copper & Gold Inc.
Winters alleged in an anticorruption seminar held Jakarta on Monday that Ginandjar profited from deals involving copper mining company PT Freeport Indonesia during his tenure as mines and energy minister in the late 1980s.