Freeport Indonesia in the context of "Central Papua"

Play Trivia Questions online!

or

Skip to study material about Freeport Indonesia in the context of "Central Papua"

Ad spacer

⭐ Core Definition: Freeport Indonesia

The Grasberg mine has one of the largest reserves of gold and copper in the world. It is located in Mimika Regency, Central Papua, Indonesia near Puncak Jaya. It is operated by PT Freeport Indonesia (PTFI, see below), a joint venture among the government of Indonesia, government of Central Papua, and American company Freeport-McMoRan (FCX).

FCX operates under a Contract of Work (CoW) agreement with the government of Indonesia, which allows Freeport to conduct exploration, mining and production activities in a 11,100-hectare (27,400-acre) area (Block A). It also conducts exploration activities in a 167,000 ha (413,000 acres) area (Block B). At 31 December 2022 Grasberg had proven and probable mineral reserves of 30.8 billion pounds (14.0 million tonnes) of copper, 26.3 million ounces (808 tonnes) of gold and 121.3 million ounces (3773 tonnes) of silver. Grasberg has three underground mining operations: Grasberg Block Cave, Deep Mill Level Zone and Big Gossan. The 2023 production was 680,000 tonnes (1,500,000,000 lb) of copper, 52.9 tonnes (1,700,000 ozt) of gold and 190 tonnes (6,000,000 ozt) of silver. The concentrate is delivered by pipeline to Amamapare.

↓ Menu

>>>PUT SHARE BUTTONS HERE<<<

👉 Freeport Indonesia in the context of Central Papua

Central Papua, officially the Central Papua Province (Indonesian: Provinsi Papua Tengah) is an Indonesian province located in the central region of Western New Guinea. It was formally established on 25 July 2022 from the former eight western regencies of the province of Papua. It covers an area of 61,072.91 km and had an officially estimated population of 1,472,910 in mid 2024 (comprising 784,670 males and 688,240 females). It is bordered by the Indonesian provinces of West Papua to the west, the province of Papua to the north and northeast, by Highland Papua to the east, and by South Papua to the southeast. The administrative capital is located in Wanggar District in Nabire Regency, although Timika (in Mimika Regency) is a larger town. Its traditional name is Mee Pago – Saireri.

Central Papua is bordered by seas to the north and south. Nabire is situated in the northern part of Central Papua, Indonesia. This lowland area is directly adjacent to the Teluk Cenderawasih National Park and boasts immense potential for marine tourism including coral reefs, white sandy islands, and whale sharks in their natural habitat. The southern part of Central Papua is mostly swampy terrain and the location of the port of Amamapare and Timika, the largest town in this province. The central region of Central Papua is dominated by the Jayawijaya Mountains, which encompasses the snow-capped Puncak Jaya, the highest peak in Indonesia. This mountain range is also home to the Grasberg gold mine, operated by Freeport Indonesia.

↓ Explore More Topics
In this Dossier