Freeport-McMoran (FCX) Workers in Peru Said Planning Strike

Freeport McMoRan (NYSE: FCX) shares are on watch following news that workers at its Cerro Verde mine in Peru are planning to go on strike.

Reuters said today that the 48-hour strike will commence on April 8th. Reason behind the event weren't made clear at the time of the report.

Cerro Verde is one of the largest copper deposits in Peru.

Shares of Freeport are lower in early trading.

You May Also Be Interested In

• Freeport-McMoran (FCX) Declares $0.075 Quarterly Dividend; 0.4% Yield
• Freeport Declares Quarterly Cash Dividends on Common Stock
• Buy this U.S. aerospace stock as market is overreacting to "predictable headwinds": BofA