Freeport Targets Q1 2026 Restart for Grasberg Mine After Cave-In
Jakarta. Gold miner Freeport Indonesia expects its Grasberg Block Cave underground mine in Tembagapura to resume operations in the first quarter of 2026, following a major slide in September that left seven dead and forced a halt to production, the company told lawmakers on Monday.
Freeport Indonesia President Director Tony Wenas said the recovery of the mine’s working areas and supporting facilities remains the company’s top operational priority heading into 2026.
“We continue to carry out restoration work at the Grasberg Block Cave mine with the target of restarting operations within the first three months of 2026,” Tony said during a hearing with the House of Representatives’ Commission VI in Jakarta.
Tony said the company expects gold output to rise to around 43 tons in both 2028 and 2029 as mining activities normalize and production capacity improves. The projection aligns with Freeport’s medium-term production plan, he said.
He also confirmed that Freeport is building a fourth underground mine in the same region, known as the Kucing Liar mine. The project was initially expected to begin production in 2028, but an earlier incident has delayed the start date by about one year.
“Kucing Liar is now estimated to begin producing in 2029, and with this addition, we expect higher overall metal yields than we see today,” Tony said.
Government Investigation Ongoing
The Energy and Mineral Resources Ministry (ESDM) is still investigating the September cave-in at the Grasberg Block Cave site in Mimika. The probe involves officials from the ministry’s Directorate General of Minerals and Coal (Minerba) and the Directorate General of Law Enforcement.
“This is being consolidated between Minerba and Gakkum,” Deputy Energy Minister Yuliot Tanjung said on Nov. 7 in Jakarta.
He said the investigation aims to determine the root cause of the slide, including whether negligence or regulatory violations were involved.
Related Articles
Antam Buys 9 Tons of Gold from Freeport in First Eight Months of 2026
Antam bought 9 tons of gold from Freeport through August as it expands domestic supplies for a business generating 80% of its sales.PTFI Distributes Aid to East Nusa Tenggara Quake Victims
PT Freeport Indonesia has distributed 2.5 ton of humanitarian aid to the earthquake victims.Freeport Targets More Than $7 Billion in Annual State Revenue Contributions
Freeport expects annual payments to Indonesia to exceed $7 billion once mining operations and its new smelter reach full capacity.Four Rising Stars Chase Indonesia U-17 Dream Through Papua Football Academy
Four Papua Football Academy players earn Indonesia U-17 call-ups, highlighting PT Freeport Indonesia's commitment to youth development.PTFI Donates 11 Kilometers Long Water Pipes to Mimika
This program supports the Mimika Regency government's target to serve up to 50,000 house connections by the end of 2027.PTFI Plants 1.5 Million Mangrove Seedlings in West Nusa Tenggara
Mining giant PT Freeport Indonesia and the government have partnered to plant 1.5 million mangrove seedlings in West Nusa Tenggara.Indonesia Breaks Ground on Integrated Copper, Gold Downstream Project in E. Java
Indonesia launched a copper-gold processing hub in Gresik to boost value-added output, cut raw exports, and strengthen its industrial base.The Latest
Chandra Asri Group Receives Trade Finance Excellence Award, Reinforcing Its Role in Indonesia’s Industrial Development
Chandra Asri Group receives the Trade Finance Excellence Award at CIMB Niaga Business Summit 2026.AEON MALL Deltamas Brings 11 Sports and Creative Competitions to AEONLYMPIC 2026
AEON MALL Deltamas hosts AEONLYMPIC 2026, featuring 11 sports and creative competitions, with more than 3,100 participants.Indonesian Stocks Extend Losses for Third Day, Fall 3.64% to 4,996
Indonesian stocks fell 3.64% on Monday, extending losses for a third straight session amid MSCI concerns and tighter trading limits.Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore
Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.Jakarta Outranks Amsterdam in Global Public Transport Survey
Jakarta climbs two places to 15th in Time Out's 2026 public transport survey, with its governor citing better network integration.Most Popular
