Getting your player ready...
Freeport-McMoRan Copper & Gold Inc. said it plans to restart the Climax molybdenum mine near Leadville.
The initial $500 million project will involve the resumption of open-pit mining and the construction of new milling facilities, the Phoenix-based firm said Tuesday.
Construction is expected to begin next spring with approximately 150 workers and peak at more than 500. The operation will employ about 350 when production begins.
Bloomberg News Service
