5 Feb 2008

Indonesian government receives big payout from U.S. mine operating in Papua province

11:59 am on 5 February 2008

The U.S. mining giant Freeport, says it has paid the Indonesian government 1-point-8 billion dollars in 2007, amid soaring commodity prices and solid production.

The paper, Jakarta Post, says Freeport operates a huge gold and copper mine in Indonesia's Papua province.

Freeport says besides the amount paid for corporate income tax, employee income tax, regional taxes and levies, it also paid 216-million in dividends and 164-million dollars in royalties to the government.

The company says the annual amount is 12.5 percent up on the 1.6 billion dollars it paid the government in 2006.

Environmentalists have accused the mine of polluting the World Heritage-listed Lorenz National Park and dumping copper-rich ore around the edge of its operations, but the firm disputes the claims.