Tuesday, July 2, 2013

1) PAPUAN PLEA


1) PAPUAN PLEA

2) Open-Pit Back to Normal, Freeport Says

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http://www.thejakartapost.com/news/2013/07/02/papuan-plea.html

1) PAPUAN PLEA


Papuan plea: Papua students rally in front of the State Palace on Monday, demanding the implementation of real democracy. Demands have been mounting for the government to fully implement the special autonomy provisions enacted by their own laws in 2000 and remove all military personnel from the region. (JP/Jerry Adiguna)
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http://www.thejakartaglobe.com/news/open-pit-back-to-normal-freeport-says/

2) Open-Pit Back to Normal, Freeport Says


More than a week after the government gave Freeport Indonesia partial permission to resume operations, the local subsidiary of Arizona-based Freeport McMoRan has seen output from its open-pit mine in Papua return to normal, an executive said.
“Production from surface mining already reached 140,000 tons a day. It is already back to normal and we just need to keep it more sustainable,” said Freeport Indonesia president director Rozik B. Soetjipto.
Freeport Indonesia resumed activities at the Grasberg Mine on June 22 after the government approved the resumption of open-pit operations, which were halted after two fatal incidents occurred in the company’s underground mine.
Rozik said that Freeport Indonesia normally produces 220,000 tons of ore per day, 80,000 tons of which come from underground mining operations.
The open-pit section of Grasberg accounts for 70 percent to 80 percent of total production, according to a Bloomberg report citing Barclays analysts.
Freeport has yet to secure government approval to resume underground operations, according to Rozik.
He said that an independent team has not yet determined the cause of the two fatal incidents.
On May 14, a tunnel collapse at an underground mining facility used for training exercises killed 28 miners and injured 10.
Two weeks later, a truck driver was buried by sludge after a tunnel in Freeport’s deep ore mining zone, where maintenance was taking place, collapsed.
The government instructed Freeport Indonesia to stop operations at its Grasberg complex.
According to a company statement, the stoppage has resulted in a loss of 80 million pounds of copper and 80,000 ounces of gold so far.
It will book losses of 3 million pounds of copper and 3,000 ounces of gold a day until operations resume.
Freeport declared force majeure on shipments June 12, a clause abrogating obligations due to events beyond its control.
— With additional reporting from Bloomberg

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