Freeport restarts Grasberg, slashes guidance

AFTER a three-week shutdown, Freeport McMoRan Copper & Gold has restarted the massive Grasberg mine in Indonesia but has cut its first-quarter production guidance by 80 million pounds of copper and 125,000 ounces of gold.

Freeport restarts Grasberg, slashes guidance Freeport restarts Grasberg, slashes guidance Freeport restarts Grasberg, slashes guidance Freeport restarts Grasberg, slashes guidance Freeport restarts Grasberg, slashes guidance

The mine was shut down on February 23 due to an ongoing dispute following a three-month strike last year.

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