LME Copper prices declined by 1 percent on Monday to close at $5858/t on account of profit booking at higher levels although supply disruption concerns only worsened as wage dispute at Escondida, the world's largest copper mine by a wide margin, turned ugly on Wednesday after striking workers blocked several access roads, triggering violent confrontations with police. Also, largest listed copper miner Freeport McMoRan told employees in an internal memo that it sees "no returning to business as usual" at its Grasberg mine in the Papua province of Indonesia.
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