Freeport reaches labor deal at Grasberg Mine
Dec 14, 2011 | 05:23 PM
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Tags
FReeport-McMoRan,
Grasberg Mine,
copper,
gold,
labor deal,
strike,
James R. Moffett,
Richard C. Adkerson
NEW YORK — Employees at Freeport-McMoRan Copper & Gold Inc.’s Grasberg Mine in Indonesia will return to work in coming days, the company said Wednesday.
The Phoenix-based copper company has reached a labor agreement with union workers, ending a strike that began Sept. 15. The company agreed to increase base wages by 24 percent in the first....
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