Ownership of the Busang gold projects, under the development agreement approved by the Indonesian government on Feb. 18, has been broken down as follows:
BUSANG II — (SOUTHEAST)
| Company | % |
| Bre-X Minerals | 45% |
| Nusantara Ampera Bhakti | 20% |
| Freeport McMoRan Copper and Gold | 15% |
| Republic of Indonesia | 10% |
| Askatindo Karya Mineral | 10% |
BUSANG III — (NORTHWEST)
Company%
Bre-X Minerals45%
Nusantara Ampera Bhakti20%
Freeport McMoRan Copper and Gold15%
Republic of Indonesia10%
Amsya Lyna10%
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