Six foreign-controlled miners in Indonesia to divest shares to meet regulations

Six foreign-controlled miners in Indonesia to divest shares to meet regulations

Grasberg copper and gold mine, Indonesia. Visual from Freeport-McMoRan Inc website. October 2015

Six foreign-controlled miners operating in Indonesia, including PT Vale Indonesia and a unit of Australia’s Newcrest Mining, intend to divest some of their shares “in the near future” to meet regulations, an Indonesian official said.

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