Shares of Freeport McMoRan (FCX) dropped further by 2.83% to US$13.73 in New York last night with almost 37 million shares exchanged hands. Slight correction of copper and gold might have affected the mood, but status of its operation in Grasberg, Papua was still a main concern for investors. In Jakarta, economic ministers gathered to discuss measures to implement even stricter Law No. 04/2009, which, according to Freeport, caused them a lot.To subscribe please click here
