- Freeport McMoRan (NYSE:FCX) says mining activities at its eastern Indonesian unit have not been affected by an accident that claimed one life, but development work has been suspended as the company and a government team investigate the incident.
- An Indonesian worker was killed over the weekend by falling rocks while working at the underground mine Grasberg Block Cave.
- FCX is developing the underground mine, which it expects to yield ~160K metric tons/day of ore; open-pit mining will end late 2016.