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    Workers to Strike at Freeport-McMoRan's Cerro Verde

    Teresa Matich
    Apr. 07, 2016 09:49AM PST
    Base Metals Investing

    Mining.com reported that mine workers at Freeport-McMoRan’s (NYSE:FCX) Cerro Verde copper mine in Peru will begin a two day strike on Friday. As quoted in the publication: The Arizona-based company, which own a majority stake in the mine, has informed workers they are scheduled to receive an average bonus of $146 (483 soles) this year …

    Mining.com reported that mine workers at Freeport-McMoRan’s (NYSE:FCX) Cerro Verde copper mine in Peru will begin a two day strike on Friday.
    As quoted in the publication:

    The Arizona-based company, which own a majority stake in the mine, has informed workers they are scheduled to receive an average bonus of $146 (483 soles) this year based on 2015 profits, down from about $9,090 (30,000 soles) they obtained in 2014, local newspaper La Republica reported (in Spanish).

    Click here for the full article.

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