Freeport’s Grasberg Jujitsu Move Will Pay Off in the End
There’s a well-thumbed playbook for how deals involving gold mines in the remote jungles of Indonesia are meant to turn out. The game plan isn’t so different to the plot of the recent Matthew McConaughey film “Gold” – a promise of great wealth turning to ruin with the protagonists ending up brawling in the mud surrounded by fraud, violence and shady political involvement. For several years, Freeport-McMoRan Inc.’s tussle with Jakarta over the world’s biggest gold deposit and third-biggest copper...

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