Timika Inside Festival of Art (TIFA) is being held in the courtyard of the Eme Neme Yauware Hall on May 22-24, 2025. This festival showcases various works of art and culture and support the development of micro, small, and medium enterprises (MSMEs) in Mimika Regency, Central Papua Province.

Mining sector activities in Central Papua Province declining by 32.82 percent in the first quarter (Q1) of 2025 led to the province's economy contracting by 25.53 percent year-on-year (yoy) according to Statistics Indonesia (BPS) data. In contrast, the Central Papua economy surged 28.27 percent yoy in Q1 2024. The province also has the worst impact on the Maluku and Papua region's economic performance, contributing 8.19 percent to overall economic contraction based on BPS data.

PT Freeport Indonesia (PTFI) reported that it has deposited Rp7.73 trillion for the central government and several regional governments from the company's net profit throughout 2024. The regions which receive a share include, among others, the Central Papua Provincial Government, Mimika Regency as the producing region, and other regencies in the province.

PT Freeport Indonesia (PTFI) informed that the development of the Kucing Liar underground mining project within Grasberg mine in Mimika Regency, Central Papua Province requires capital expenditure (capex) of US$500 million (about Rp8.2 trillion) per year. PTFI President Director Tony Wenas said that the estimated capex is needed for the next 7-8 years, adding that the Kucing Liar mine would be PTFI's fourth in the Grasberg area.

Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia revealed that PT Freeport Indonesia (PTFI) has received an extension of its copper concentrate export permit until June 2025. Part of the reasons underlying the decision, which is against the Indoensian government's industrial downstreaming mission, include the condition of PTFI's smelter, which was affected by a fire.

State-Owned Enterprises (SOEs) Minister Erick Thohir stated that the gold purchase cooperation between PT Freeport Indonesia (PTFI) and PT Aneka Tambang (Antam) provides great benefits for the Indonesian economy.

The Central Papua Province Micro, Small, and Medium Enterprise (MSME) Office has distributed industrial and small and medium enterprise (SME) equipment to local business actors. Central Papua Governor Expert Staff for Community, HR, and Special Autonomy Development Ukkas said that the handover of this assistance was a form of government concern and commitment in supporting the small, medium, and micro-enterprise industry sector to grow further.