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Freeport declares force majeure at Grasberg

Andrew Topf | October 28, 2011 | 6:02 am Base Metals Precious Metals Top Companies Asia Europe Copper Gold Silver 

Ongoing labour unrest at Freeport-McMorran's Grasberg mine in Indonesia has forced the American company to declare force majeure. The announcement made Wednesday effectively allows Freeport (NYSE:FCX) to stop shipments from its gold and copper mine so that it can avoid liability...

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