Jan 25- U.S.-based miner Freeport-McMoRan Inc reported weaker-than-expected fourth-quarter earnings on Wednesday and warned that it may need to cut output and jobs at its mine in Indonesia if it can't secure a permit to export copper concentrates. Freeport's exports of copper concentrate from Indonesia have been halted since Jan. 12 when a ban on shipping...
Freeport is being helped by higher prices for both metals but its copper business has been dented recently by a ban on exports of copper concentrates in Indonesia, where the company owns and operates the giant Grasberg gold-copper mine. The company's exports of copper concentrate from Indonesia have been halted since Jan. 12 when a ban on shipping unprocessed...
JAKARTA, Jan 10- Indonesia will issue new rules for miners this week, the mining minister said late on Tuesday, which will cover contracts and permits, exports, taxes, divestment obligations and domestic processing requirements, among other issues. Indonesia announced in 2014 a ban on ore shipments to push miners to build smelters to process ore locally, but gave...
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