MAC: Mines and Communities

Freeport-part of Indonesia landslide mine is open

Published by MAC on 2003-10-10

Freeport-part of Indonesia landslide mine is open

October 10 2003


New York - Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX - News) said on Friday mining operations continued at the open-pit Grasberg mine in Indonesia in sections unaffected by a landslide that killed two workers, injured five and left six missing.

The company also said operations continue at its Deep Ore Zone underground mine, milling facilities and concentrate delivery systems at the site. The Grasberg deposit, in West Papua, Indonesia, was discovered by Freeport in 1988 and has the world's largest gold reserves and the third-largest copper reserves.

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