ADVFN - Advanced Financial Network.
HOME» NYSE » F » FCX Stock Price » FCX Stock News

Freeport Mcmoran Share News

 Freeport-mcmoran Copper & Gold Inc. Stock Price
FCX Stock Price
 Freeport-mcmoran Copper & Gold Inc. Stock Chart
FCX Stock Chart
 Freeport-mcmoran Copper & Gold Inc. Stock News
FCX Stock News
 Freeport-mcmoran Copper & Gold Inc. Company Information
FCX Company Information
 Freeport-mcmoran Copper & Gold Inc. Stock Trades
FCX Stock Trades

Freeport Reaches Pact To End Grasberg Mine Strike In Indonesia

LONDON -(Dow Jones)- Freeport-McMoRan Copper & Gold Inc. (FCX) reached an agreement with union workers to end a weeklong strike over wages at its massive Grasberg mine in Indonesia. As of last Thursday, around 8,000 members of the 10,000-strong union at PT Freeport Indonesia had stopped working, disrupting operations at what the company says is the world's largest copper-and-gold mine by reserves. Eric Kinneberg, a Freeport spokesman, said, "An agreement has been reached with the PTFI union to end the strike, which began on July 4, 2011, and led to a suspension of mining and milling activities at the mine. "Under the agreement, negotiations for the upcoming collective labor agreement, scheduled for renewal in October 2011, will commence." He noted that workers will start to return to their jobs on Tuesday. Freeport in January forecast 2011 sales from Grasberg at 1 billion pounds of copper and 1.3 million troy ounces of gold, compared with 2010 sales of 1.2 billion pounds of copper and 1.8 million ounces of gold. -By Alex MacDonald and Andrea Hotter, Dow Jones Newswires; +44 (0)20 7842 9328; alex.macdonald@dowjones.com --Deden Sudrajat in Jakarta contributed to this article.

Stock News for Freeport Mcmoran (FCX)
DateTimeHeadline
11/03/201403:14:11Indonesia September Trade Deficit Wider Than Expected
10/28/201414:40:06Threats of Mine Strikes Lift Copper Prices
10/28/201410:36:39Copper Futures Climb on Worries Of Reduced Metal Supply
10/27/201418:21:07Freeport to Address Situation in Indonesia -- Earnings Preview
09/27/201407:25:14Indonesia Mine Halts Production After Four Killed in Crash
09/15/201402:30:28Freeport-McMoRan's Indonesia Operations Unaffected by Fatal Accident
08/07/201413:04:17Freeport-McMoRan Said Considering $5 Billion Sale of California...
08/05/201422:20:41Freeport Indonesia Resumes Copper Concentrate Exports Wednesday...
08/05/201408:36:30Indonesia 2Q GDP Growth Slows to 5.12% -- Update
08/04/201405:45:24Freeport Indonesian Unit May Start Exporting Copper Concentrate...
07/25/201402:15:05Indonesia President Approves New Contract Terms With Freeport...
07/17/201404:14:23Indonesia Demands Newmont Withdraw Arbitration Filing
07/07/201404:06:22Indonesia and Freeport Agree on New Mining Contract Terms: Minister
07/01/201407:09:48Newmont Files for Arbitration Against Indonesia Government on...
06/05/201415:31:48Newmont Mining Declares Force Majeure in Indonesia -- 2nd Update
06/03/201403:16:20Newmont Stops Copper Concentrate Production in Indonesia
05/07/201411:27:46Correction to "Encana to Buy Eagle Ford Assets From Freeport-McMoRan...
05/07/201410:57:15Encana to Buy Eagle Ford Assets From Freeport-McMoRan for $3.1...
05/07/201410:14:58U.S. Hot Stocks: Hot Stocks to Watch
05/07/201401:26:28Newmont's Indonesia Unit May Start Cutting Output by June 1

Freeport Mcmoran and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad