{
    "success": true,
    "data": {
        "id": 1408243,
        "msgid": "freeports-exploration-costs-1447893297",
        "date": "1998-07-23 00:00:00",
        "title": "Freeport's exploration costs",
        "author": null,
        "source": "REUTERS",
        "tags": null,
        "topic": null,
        "summary": "Freeport's exploration costs NEW ORLEANS (Reuters): Freeport-McMoRan Copper & Gold Inc. [FCX.N] said Tuesday its share of second-quarter exploration expenses was $4.9 million, spent primarily in P.T. Freeport Indonesia Co.'s and P.T. IRJA Eastern Minerals Corp.'s exploration areas. Costs in these areas are shared 60 percent by Freeport Copper and 40 percent by Rio Tinto Plc, Freeport pointed out.",
        "content": "<p>Freeport's exploration costs<\/p>\n<p>NEW ORLEANS (Reuters): Freeport-McMoRan Copper &amp; Gold Inc.<br>\n[FCX.N] said Tuesday its share of second-quarter exploration<br>\nexpenses was $4.9 million, spent primarily in P.T. Freeport<br>\nIndonesia Co.'s and P.T. IRJA Eastern Minerals Corp.'s<br>\nexploration areas.<\/p>\n<p>Costs in these areas are shared 60 percent by Freeport Copper<br>\nand 40 percent by Rio Tinto Plc, Freeport pointed out. About $6.4<br>\nmillion of cash previously received by PT-FI from Rio Tinto in<br>\n1996 remains to be applied to PT-FI's share of exploration costs<br>\nin its Block A area.<\/p>\n<p>As part of its previously announced open market share purchase<br>\nprograms, Freeport Copper said, the company purchased 1.1 million<br>\ncommon shares during the second quarter for $17.4 million, about<br>\n$16 per share. As of July 20, it added, about 5.4 million shares<br>\nremain under its 40 million open market share purchase programs.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/freeports-exploration-costs-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}