Freeport McMoRan: A Timeline
Fri., Nov. 10, 1995
1936 | Dutch explorer-geologist Jean Jaques Dozy discovers Ertsberg (Dutch for
"ore mountain") in Papua New Guinea. His discovery is recounted in a paper
which was promptly ignored. |
1959 | Forbes Wilson, exploration chief for Freeport Sulphur Co., learns of
Ertsberg from Dozy's report, visits site. |
1961 | Jim Bob Moffett graduates from UT with a bachelors degree in geology. |
1965 | Suharto seizes power in Indonesia. At least half a million are killed. |
1967 | Freeport becomes first company to sign a contract under Indonesia's new
foreign investment law. |
1968 | Moffett, along with UT boosters Ken McWilliams and Mac Rankin, Jr., form
McMoRan Oil & Gas Co. The three later strike it rich in South Texas oil
fields. |
1972 | After years of building infrastructure, Freeport Sulphur begins mining
at Ertsberg, immediately has problems with weather and problems of mining at
13,000 feet above sea level. Wilson writes that the company was "deeply in the
red" due to low copper prices. |
1975 | Indonesian military invades East Timor. An estimated 200,000 Timorese
die in conflict with Indonesian military. Suharto regime later prevents
journalists from entering the former Portuguese colony. |
1977 | Amungme tribal people steal dynamite, blow up slurry pipeline at the
mine. Military crackdown kills as many as 900 local villagers. |
1980 | Freeport and Indonesian government start relocating local tribal people
in the lowlands. |
1980 | Moffett becomes CEO of McMoRan Oil. |
1981 | McMoRan merges with Freeport Minerals -- a company twice as big as
McMoRan. |
1987 | UT President William Cunningham begins serving on Freeport's board of
directors. |
1988 | Freeport named top corporate polluter by EPA. |
1989 | UT Geology Department signs $1 million agreement with Freeport to do
exploratory work at the Indonesia mine. |
1990 | Moffett earns $8.82 million from Freeport. Compensation expert Graef
Crystal names him the fifth most overpaid CEO in the U.S. |
June 7, 1990 | The PUD rebellion. Austin City Council votes against Freeport
subsidiary FM Properties' 4,000-acre real estate project on Barton Creek. |
October 17, 1990 | Officials from half a dozen environmental groups send letter
to Freeport, asking about problems with mine tailings. Letter cites findings
from a United Nations Development Report that says company has "continuously
dumped untreated copper mine tailings" into a tributary of the Ajkwa River.
Freeport responds, saying that "environmental concerns are certainly a
significant part of our operations considerations." |
Sept. 17, 1991 | New discoveries of ore at the Grasberg deposit cause Freeport
to double estimates of mine reserves. Value of gold, copper and silver in mine
estimated at $50 billion. |
Nov. 1991 | Some 200 civilians are shot to death in a cemetery by Indonesian
military while attending the funeral of another citizen who died at the hands
of the Indonesian military. American journalists are present and stories are
run in the NY Times, Christian Science Monitor and elsewhere. CBS News
runs footage of shooting. The Austin Chronicle faxes press reports to
Cunningham. He refuses to comment. |
Feb. 1992 | National Wildlife Federation spanks Freeport, after company runs TV
ads claiming that it had won an award from NWF. Freeport cancels ad. After
flap, Moffett refuses to give interview to a local TV reporter, saying that she
doesn't "understand the way corporate America works." |
June 1994 | Suharto closes down four opposition publications, including
Tempo, an influential newsweekly. |
June 1994 | Scientists from Overseas Private Investment Corporation, a federal
agency, visit Freeport mine, take water samples, investigate environmental
problems at mine. |
Dec. 1, 1994 | UT Board of Regents decides to name new building on the Forty
Acres after Moffett. |
Dec 25, 1994 | Demonstration by local tribal people near the mine. Military
attacks, at least three civilians are killed. |
Feb 23, 1995 | "Son of PUD" deal proposed by Freeport is voted down by the
Austin City Council. Freeport lobbyists begin pushing Austin-bashing
legislation at the Legislature. |
April, 1995 | Australian Council for Overseas Aid (ACFOA) releases a report
detailing dozens of human rights abuses at Indonesian mine, implicates Freeport
security personnel in the attacks. |
Apr. 17, 1995 | New York Times reports that several Indonesian
journalists are arrested on charges of "insulting the government," a crime
punishable by up to seven years in prison. |
May, 1995 | Freeport suit against City of Austin, asking for $75 million in
damages, goes to federal court. Six-member jury finds for Freeport, but awards
them only $113,000. |
August, 1995 | Catholic Church of Jayapura releases report on abuses at the
mine, corroborates many of ACFOA's findings. |
Sept. 11, 1995 | Dr. Steven Feld resigns his position as an ethnomusicologist
at UT in protest of Chancellor William Cunningham's association with
Freeport. |
Sept. 22, 1995 | Indonesian Commission on Human Rights releases report
confirming human rights abuses, and asking that "the scope of operation
activities between the provincial government and the armed forces with PT
Freeport Indonesia be defined clearly." |
Sept. 26, 1995 | The Texas Observer sends a list of questions to all of
the members of the UT Board of Regents regarding Cunningham's association with
Freeport. It includes copies of the ACFOA and Catholic Church reports. Chairman
Bernard Rapaport responds for the entire board, saying "I do not believe
further review is in order." |
Oct. 10, 1995 | OPIC sends letter to Freeport, explaining that the company's
$100 million insurance policy is being cancelled. Letter says mine poses
"unreasonable or major environmental, health or safety hazards." |
Oct. 20, 1995 | Austin Chronicle files Freedom of Information Act
request with OPIC. Agency refuses to comment on insurance issue. |
Midnight, Halloween 1995 | OPIC coverage of Freeport mine expires. |
Nov. 1, 1995 | OPIC confirms that insurance has been cancelled. |
Nov. 1, 1995 | UT Geological Society cancels dinner planned to honor Moffett,
citing Moffett's "scheduling conflict." |
Nov. 2, 1995 | LA Times and NY Times run stories on cancellation.
Freeport says it will take issue to arbitration. Austin American-Statesman
buries four inch story on page A6. In New Orleans, where the
Times-Picayune runs the wire story on front page, Moffett storms into the
newspaper offices, demanding that it run a correction. "He denied that OPIC had
cited environmental reasons for cancelling their insurance," said a source at
the paper. |
Nov. 3, 1995 | Times-Picayune runs excerpts from the OPIC letter on the
front page. Feld calls for Cunningham to resign immediately from Freeport's
board and to cancel the UT Geology Department contract with the company. |
Nov. 6, 1995 | Austin Chronicle requests interview with Cunningham.
Again, he refuses. |
Nov. 8, 1995 | Daily Texan reports that Freeport has withdrawn a
$600,000 grant from Loyola University, following "anti-Moffett protests." |
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