Freeport-McMoRan
Freeport-McMoRan president and chief executive Richard Adkerson speaks to journalists following the recent accident at the Big Gossan tunnel, part of an underground training facility inside Freeport-McMoRan area, in Jakarta on May 23, 2013. Rescuers have recovered seven more bodies from a collapsed mine tunnel in eastern Indonesia, its US operator said, taking the accident's final toll to 28. Indonesian President Susilo Bambang Yudhoyono has pledged that the government will carry out a full investigation into the accident, and safety at mines across the country will be checked.
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Quotes
They try to be good in safety, but what has happened in this tragedy is proof that safety procedures at Freeport actually are not as good as we thought before. We know that this is underground mining, but as a global mining company, Freeport should strictly meet the procedures
They try to be good in safety, but what has happened in this tragedy is proof that safety procedures at Freeport actually are not as good as we thought before. We know that this is underground mining, but as a global mining company, Freeport should strictly meet the procedures
I will continue to order the ministers as well as other concerned officials to thoroughly discuss and investigate to find out what has to be done to ensure safety in the future ... We will evaluate all mining companies in the country, not only Freeport.More quotes »
Newsday's coverage
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All 28 bodies recovered from Indonesian mine room
operations at the Grasberg mine have been suspended since the accident to respect the victims and concentrate on the recovery effort. The mine owned by Phoenix, Arizona-based Freeport-McMoRan Copper & Gold Inc. employs more than 20,000 workers. Read more »
Around the web
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Papua police to investigate Freeport incident
established an investigation into the cause of the collapsed tunnel at the Big Gossan underground training facility at the PT Freeport Indonesia mine, on May 14, an official said. Papua police chief Insp.Gen.Tito Karnavian said it was crucial to know whether 5:05 AM from The Jakarta Post Read more »
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Commodity Trading Tips for Copper by KediaCommodity
Fed's bond purchases this year if growth improves further. Copper remained in positive territory, however, on comments from Freeport McMoRan Copper and Gold Inc, which said it would not restart production at its Grasberg copper mine in Indonesia after the 1:42 AM from Topnews.in Read more »
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‘No signs of danger prior to incident’
were halted after the accident. Rozik B. Soetjipto, the president director of PT Freeport Indonesia, the local arm of Freeport-McMoRan, said the mine usually produced 220,000 tons of ore per day with around 140,000 tons from open pit mining while the remaining 12:03 AM from The Jakarta Post Read more »
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As Rescue Operations End, Freeport Focuses On Mine Safety Re
sides, national or international,†he said. By late on Tuesday, the final death toll from the collapsed tunnel at Freeport-McMoRan Copper & Gold's Grasberg complex in Mimika, Papua, reached 28. The 10 survivors of the collapse were recovering well, the company 5/22/13 from Scoop - New Zealand News Read more »
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Domino's Pizza to Join S&P MidCap 400; Cynosure to Join S&P SmallCap 600
Production Co. (NYSE: PXP) in the S&P MidCap 400 after the close of trading on Thursday, May 30. S&P 100 & 500 constituent Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) is acquiring Plains Exploration & Production in a deal expected to be completed on or 5/22/13 from PR Newswire Read more »