Freeport replaces CEO at Indonesian unit after strike

Freeport-McMoRan Copper & Gold's will appoint a new chief executive at its Indonesian unit, the Arizona-based miner said on Friday, as it looks to turn the page after it made an agreement last month to end a crippling three-month strike. Rozik...

Newmont expects ruling on Indonesia divestiture by mid-year

US senior gold producer Newmont Mining expects that an arbitration committee will announce a decision during the first half of the year on the details of the firm's obligation to sell stakes in its Batu Hijau copper/gold mine, in Indonesia, to...

Newmont granted extension to Indonesia divestiture deadline

Denver-based gold-miner Newmont Mining has asked for and received an extension to a deadline imposed by the Indonesian government, to March 3, the company said on Monday. The company held urgent talks with the country's government last week,...