Freeport-McMoRan Could Lose Over $3 Billion In Revenues Due To Grasberg Transition

The ongoing 2-year transition at the Grasberg mine in Indonesia, under which the mine is being converted from open pit to an underground mine, is set to deprive Freeport-McMoRan (NYSE: FCX) from taking advantage of positive trends in global gold and copper prices. At this stage, it would be..

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