World copper prices have been propped up by a halt in production at the world’s second largest copper mine after a fatal accident there on May 14. The Indonesian government has just told Freeport-McMoRan Copper and Gold that it cannot resume operations at its Grasberg mine complex high in the remote mountains of eastern Indonesia until an official investigation is completed into the collapse of a training cavern that killed 28 miners.
The cave-in at Big Gossan, the underground part of the Grasberg complex, was the country’s worst mining disaster. A truck driver died in an unrelated underground accident on May 31.

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