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FREEPORT-McMoRan COPPER & GOLD INC. RECEIVES INDONESIAN GOVERNMENT APPROVAL OF FCX/RTZ JOINT VENTURE.


NEW ORLEANS--(BUSINESS WIRE)--March 31, 1995--Freeport-McMoRan Copper & Gold Inc. (NYSE NYSE

See: New York Stock Exchange
:FCX FCX French Connexion (gaming site)
FCX Freeport-McMoran Copper & Gold Inc (stock symbol)
FCX Fuel Cell Experiment (Honda)
FCX Fire Coordination Exercise
FCX Fire Control Exercise
) announced that its subsidiary, P.T. Freeport Indonesia Company, has received from I.B. Sudjana, Minister of Mines and Energy of Indonesia, a letter of no objection to the assignment of a portion of its interest in its Contract of Work to The RTZ RTZ Rio Tinto Zinc
RTZ Return To Zero
RTZ Return to Zork (game)
RTZ Retail Trade Zone
 Corporation PLC (RTZ). This approval is the only Indonesian governmental approval necessary to complete the transactions announced by FCX and RTZ on March 7, 1995.

FCX, an affiliate of Freeport-McMoRan Inc. (NYSE:FTX (Fault Tolerant UNIX) Stratus Computer's version of Unix System V for its XA/R fault tolerant computer systems. See also FTTx.

(operating system) FTX - Stratus' Unix operating system.
), is engaged in the exploration, mining and milling of copper, gold and silver in Irian Jaya, Indonesia through P.T. Freeport Indonesia Company and the smelting and refining of copper concentrates in Huelva, Spain through Rio Tinto Minera.

CONTACT: Freeport-McMoRan Copper & Gold, Inc., New Orleans

Craig E. Saporito, 504/582-4476
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Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 31, 1995
Words:139
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