CAPITAL MARKETS

Freeport to appeal Indonesian court ruling

FREEPORT-McMoRan Copper & Gold said yesterday its Indonesian unit plans to appeal a ruling by the District Court of South Jakarta that it made misleading statements about an overburden stockpile slippage at its Grasberg mine last year.

Greg Tubby
Freeport to appeal Indonesian court ruling

Ruling on a suit brought by local environmental group Walhi, the court found PT Freeport Indonesia breached environment management laws at the Irian Jayan mine last year. A landslide of waste rock from...

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