Press Release: Freeport-McMoRan Copper & Gold Inc. receives approval to return to normal mining operations
Monday, December 8 2003 - 03:14 PM WIB
NEW ORLEANS--Dec. 8, 2003--Freeport-McMoRan Copper & Gold Inc. announced today that the Department of Energy and Mineral Resources (DEMR) has completed its review of the October 9, 2003 pit wall slippage at PT Freeport Indonesia's (PT-FI) Grasberg mining operations in Papua, Indonesia and DEMR has approved the return to normal mining operations. PT-FI is on track to achieve its previously reported estimated 2003 adjusted annual sales of 1.33 billion pounds of copper and 2.45 million ounces of gold.
FCX explores for, develops, mines and processes ore containing copper, gold and silver in Indonesia, and smelts and refines copper concentrates in Spain and Indonesia. (end of release)
Source: Freeport-McMoRan Copper & Gold Inc.