Watching close, nice chart to think about: $VALE broke through '12 lows. Iron Ore spot well above '12 lows. False break down or leading idictr? http://stks.co/pFA3
The Indonesian unit of Freeport McMoran (FCX) must suspend gold and copper mining activities in the eastern part of the country, probably for up to two months, while the government investigates last month's fatal tunnel collapse, government officials say. The union representing 18K of FCX's 24K Indonesian workers reiterates that union workers will refuse to work until investigation results are released.