Shares of Freeport McMoRan ended higher by 1.01% in New York Monday (Feb 13), significantly smaller than peers like Vale SA (+8.41%), Rio Tinto (+3%), or Eramet (+4.7%) as reports from Indonesia suggested temporary halt of its Grasberg gold-copper mine operation. Some senior staffs have reportedly been dismissed, while others might follow if Freeport Indonesia can’t secure copper concentrate export permit soon.To subscribe please click here
