Copper prices jumped more than 3% Wednesday after Freeport-McMoRan (NYSE:FCX) detailed the significant production impact from the suspension of its Grasberg Block Cave mine in Indonesia and declared ...
The project hosts a high-grade resource of 11.3-million tonnes at 1.8% copper, 5.8% zinc, 2.1% lead, 46 g/t silver and 0.5 g/t gold. Reserves are estimated at six-million tonnes at 1.5% copper, 3.6% ...