Freeport McMoRan?s Cerro Verde Mine Boosting Output By 45%

Freeport McMoran Copper is looking forward to increase output from its $3.5 billion open-pit copper and molybdenum mining complex Cerro Verde by 45%. We currently have a Trefis price estimate of $57.60 for Freeport McMoran stock.

Source: http://www.forbes.com/sites/greatspeculations/2011/08/24/freeport-mcmorans-cerro-verde-mine-set-to-raise-output-by-45/

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