Grasberg unrest to continue

FREEPORT McMoran’s giant Grasberg mine in the Indonesian province of Papua will face another month of strike action. Yet management is impressed with the mine’s output despite an estimated production loss of 70 million pounds of copper and 100,000 ounces of gold.

Grasberg unrest to continue Grasberg unrest to continue Grasberg unrest to continue Grasberg unrest to continue Grasberg unrest to continue

This estimate of lost production includes the impacts from the eight-day strike in July and the strike which remains underway since September 15, with union leaders recently extending it by another