Copper soars after Freeport McMoRan declares force majeure on Grasberg mine

Copper futures rallied Wednesday after Freeport McMoRan Copper & Gold Inc. (NYSE:FCX) declared force majeure at its Indonesia's Grasberg mine, the world's second largest copper operation, heightening concerns about low supplies this year. The company had to halt operations last...

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now