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    copper investing

    Freeport Indonesia Copper Miners Plan Strike Soon

    Investing News Network
    Aug. 26, 2011 05:06PM PST
    Base Metals Investing

    Reuters reports that workers at Freeport-McMoRan Copper & Gold’s (NYSE:FCX) Grasberg mine in Indonesia are planning to stage a strike in coming days.

    Reuters reports that workers at Freeport-McMoRan Copper & Gold’s (NYSE:FCX) Grasberg mine in Indonesia are planning to stage a strike in coming days.

    The market news is quoted as saying:

    A strike would be the second in two months at Grasberg, the world’s third biggest copper mine that also has the biggest gold reserves, after an eight-day stoppage in July caused production losses and helped push copper prices to three-month highs.

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