DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister …
Read More »From $51bn of copper to zero in one easy lesson
What’s a mine worth? In theory, valuation could be based on the amount of salable metal it can produce. On that basis, Freeport-McMoRan Inc.’s Grasberg on the island of New Guinea is one of the best mines in the world, with the third-largest reserves of copper and one of the biggest gold deposits, worth more than $100 billion at …
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