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Reuters reported that a strike at Freeport McMoRan’s (NYSE:FCX) Cerro Verde mine have not affected output of copper or molybdenum.
Reuters reported that a strike at Freeport McMoRan’s (NYSE:FCX) Cerro Verde mine have not affected output of copper or molybdenum.
The market news is quoted as saying:
The government of leftist President Ollanta Humala plans to hold talks with both sides on Friday after negotiations on Wednesday failed. Union leaders said they were intent on forcing a halt to operations at the mine, which has not suffered a strike deemed legitimate by the government in its 40-year history.
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