indonesia to take controlling stake in massive gold

  • Indonesia to take controlling stake in massive gold, copper

    Indonesia will take a controlling stake in one of the world's biggest gold and copper mines for $3.85 billion, the government said Thursday, as it moves to claw back control of the country's vast natural resources. State-owned mining firm Inalum will get a 51 percent interest in the Grasberg mine, from just under 10 percent now, Jakarta said.

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  • Indonesia to take controlling stake in massive gold, copper

    2020-06-01· Jakarta (AFP) Indonesia will take a controlling stake in one of the world’s biggest gold and copper mines for $3.85 billion, the government said Thursday, as it moves to claw back control of the country’s vast natural resources.

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  • AFP

    At least 27 dead in Indonesia bus plunge. 12/24/2019 18:04. Hong Kong marks Christmas Eve with mall clashes and tear gas. 12/24/2019 17:32. China hosts Japan, South Korea with eyes on nuclear

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  • Indonesia to take majority stake in massive gold, copper

    Indonesia will take a majority stake in one of the world’s biggest gold and copper mines, the government said Thursday (Jul 12), as it moves to claw back control of its natural resources. State-owned mining firm Inalum is to assume a 51 per cent interest in the Grasberg mine under an agreement to be signed later in the day, President Joko Widodo said.

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  • KB Financial : Indonesia says Kookmin to take controlling

    South Korea's KB Kookmin Bank plans to take a controlling stake in Bank Bukopin, Indonesia's Financial Services Authority (OJK) said in a statement, noting the mid-sized lender needed to strengthen its capital and liquidity. OJK said it backed the plan but it still needed to meet regulatory requirements.

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  • Indonesia to take majority stake in massive gold, copper

    Indonesia will take a majority stake in one of the world's biggest gold and copper mines, the government said Thursday, as it moves to claw back control of its natural resources.

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  • MAINSTREAM SHOCKED! 83 Tons Of FAKE GOLD BARS In

    3 小时前· It then appears to have decided to apply a gold-layer to tons of copper and pretend it was money-good gold collateral. And even more shocking, for years nobody checked the authenticity of the pledged collateral! In 2018, the company beat a number of competitors in bidding to buy a controlling stake in state-owned auto parts maker Tri-Ring Group.

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  • Indonesia to take majority stake in massive gold, copper

    Indonesia will take a majority stake in one of the world’s biggest gold and copper mines, the government said Thursday, as it moves to claw back control of its natural resources. State-owned mining firm Inalum is to assume a 51 percent interest in the Grasberg mine under an agreement to be signed later in the day, President Joko Widodo said.

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  • Indonesia to take controlling stake in massive gold, copper

    Indonesia will take a controlling stake in one of the world’s biggest gold and copper mines for $3.85 billion, the government said Thursday, as it moves to claw back control of the country’s vast natural resources. State-owned mining firm Inalum will get a 51 percent interest in the Grasberg mine, from just under 10 percent now, Jakarta said.

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  • Indonesia takes majority stake in massive Grasberg mine

    2018-12-21· Indonesia on Friday finalised a $3.8 billion deal with US mining giant Freeport-McMoRan to take a 51 percent stake in the giant Grasberg mine, the president said. The announcement finally brings an end to a fierce standoff between Freeport and the government over rights to one of the world's biggest gold and copper mines.

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  • Indonesia Moves Closer to Taking Controlling Stake in

    2018-07-12· In a preliminary deal signed Thursday, Indonesia agreed to pay $3.85 billion for a controlling stake in Grasberg, a massive copper-and-gold mine that has been run by Freeport in the country's remote east since the early 1990s. The move would raise Indonesia's stake in the lucrative mine to about 51% from less than 10% currently.

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  • 83 Tons Of Fake Gold Bars: Gold Market Rocked By

    It then appears to have decided to apply a gold-layer to tons of copper and pretend it was money-good gold collateral. And even more shocking, for years nobody checked the authenticity of the pledged collateral! In 2018, the company beat a number of competitors in bidding to buy a controlling stake in state-owned auto parts maker Tri-Ring Group.

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  • Indonesia Moves Closer to Taking Controlling Stake in

    Indonesia Moves Closer to Taking Controlling Stake in Freeport Copper Mine Government would pay a total of $3.85 billion for majority ownership of massive mine run by Freeport

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  • 83 Tons Of Fake Gold Bars: Gold Market Rocked By

    2020-06-29· 83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal Discussion in ' Politics, Elections & Legislation ' started by PatMiles,Jun 29, 2020 at 2:43 PM . Previous Thread Next Thread

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  • Kim Kardashian sells $200m stake in cosmetics brand

    8 小时前· In 2019, it took a 51% controlling stake in Ms Jenner's brands, hoping to leverage her massive appeal on social media. According to the Financial Times,

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  • Alibaba co-founder Joseph Tsai set to buy the Brooklyn

    Joseph Tsai, the Brooklyn Nets minority owner and co-founder of Alibaba, has agreed to purchase the remaining 51 percent of the NBA franchise from majority owner Mikhail Prokhorov for $1.35 billio

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  • TWIN GOLD PROPOSES TO ACQUIRE STAKE IN

    1997-12-09· TWIN GOLD PROPOSES TO ACQUIRE STAKE IN PHILIPPINE GOLD PRODUCER firm Twin Gold Corp. has expressed interest to take a controlling stake in local mining firm Indonesia and the

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  • Indonesia businessman asks court to block sale of

    Indonesia businessman asks court to block sale of company's Newmont stake. to buy a controlling stake in NNT, operator of Indonesia’s second-biggest copper and gold mine.

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  • THE BUSINESS TIMES Indonesia to pay US$3.85b for

    2020-01-09· Indonesia will take a majority stake in one of the world's biggest gold and copper mines AFP [JAKARTA] Indonesia on Thursday struck an agreement with Freeport-McMoRan Inc and Rio Tinto to buy a controlling stake in the world's second-biggest copper mine via a series of transactions valued at US$3.85 billion.

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