Indonesia, Freeport to reach conclusion on investment, mining …

JAKARTA, Nov 14 (Reuters) - Indonesia's discussions with miner Freeport McMoran on the country's plan to increase its stake by 10% in Freeport's Indonesian unit and extend the company's mining permit are expected to wrap up by end-November, President Joko Widodo said in a statement.

Jokowi, as the president is popularly known, made the comment in a meeting with Freeport's Chairman Richard Adkerson on Monday in Washington. The Indonesian president is in the United States to attend meetings of the Asia-Pacific Economic Cooperation. (Reporting by Fransiska Nangoy and Gayatri Suroyo)