{"id":1205623,"date":"2020-09-04T05:15:00","date_gmt":"2020-09-04T10:15:00","guid":{"rendered":"http:\/\/juniorminingnews.com\/?guid=a72dac7852df3a254c09b845885040f3"},"modified":"2020-09-04T05:18:30","modified_gmt":"2020-09-04T10:18:30","slug":"freeport-indonesia-expects-sales-jump-after-transition-to-underground-mine","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1205623","title":{"rendered":"Freeport Indonesia expects sales jump after transition to underground mine"},"content":{"rendered":"<p>PT Freeport Indonesia expects its annual copper and gold sales to jump next year as it transitions to operating in its underground mine, CEO Tony Wenas told a virtual conference on Friday.<\/p>\n<p>Freeport Indonesia expects this year&#8217;s copper and gold sales to be lower than usual at 0.77-billion pounds and 0.82-million ounces respectively.<\/p>\n<p>When it transitions to an underground mine, however, sales of copper in 2021 are expected to jump to 1.4-billion pounds, while gold sales are expected to increase to 1.4-million ounces, Wenas said.<\/p>\n<p>Freeport Indonesia, operator of Grasberg, the world\u2019s second-biggest copper mine, is on track shift to all-underground mining by 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PT Freeport Indonesia expects its annual copper and gold sales to jump next year as it transitions to operating in its underground mine, CEO Tony Wenas told a virtual conference on Friday.<\/p>\n<p>Freeport Indonesia expects this year&#8217;s copper and gold sales t&#8230;<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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