As a result of the almost two months stoppage at Grasberg, the miner lost about 125 million pounds of copper and 125,000 ounces of gold in the quarter.
Along with the global squeeze affecting the mining industry, large companies operating in Chile are facing escalating costs related to assuring water supply for their operations.
US central bank reconsidering 2003 determination allowing banks to move into mining, processing, transportation and warehousing of metals and minerals.