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Author:Shari, M.
McWilliams, G.
Crock, S.
Title:Gold rush in New Guinea
Journal:Business Week
1995 : NOV 20, VOL. 3435:765, p. 22-24
Index terms:ECONOMICS
INDONESIA
MINING INDUSTRY
Language:eng
Abstract:Captain Kaletus Janempa, a 42-year-old guerilla of the Free Papua Movement, looks out from a thatched hut over a well-guarded mountainside in Irian Jaya, Indonesia. He and fellow guerrillas want to drive out New Orleans-based Freeport-McMoran Copper & Gold Inc., which has invested $2.8 billion there to mine the world's largest gold deposit. Conflict with the Amungme, who are just emerging from the Stone Age, could spell big trouble for Freeport. For the Indonesian government, handling the tense situation surrounding its largest single foreign investor will be a crucial test of its drive to attract new investment.
SCIMA record nr: 142343
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