REPUBLIKA.CO.ID, JAKARTA - PT Freeport Indonesia (PTFI) blames poor gold and copper sales as its reason after the giant mining company does not pay its dividend to Indonesian government. The company also said some disruptions occuring on its mining operation and lower price in global market as other reasons. 

In a recent written statement, Vice President Corporate Communication Daisy Primayanti said that dividend payment depended on decision made by the company's board of directors, and approved by board of commissioners and shareholders including Indonesian government. Then they also considered the company's financial performance and its cash flow. 

Currently the cash flow are used to maintain the company's production at current level volume. The company does not pay dividend of its all stakeholder including Indonesian government for 2013. Yet, Primayanti argued that Freeport had paid 500 million USD in taxes and royalties to Indonesian government.

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