A glut of cheap, functioning copper mines are hitting the market, why would Alaska want to invest in commodities that are crashing?

America’s largest mining company, Freeport-McMoRan (FCX), said Tuesday it plans to sell some of its coveted mines — likely at bargain basement prices. It joins other global mining giants Glencore (GLCNF) and Anglo American (AAUKF), which last year began a mad scramble to raise cash to pay down debt. …The timing couldn’t have been worse. Copper and oil prices have since cratered to crisis levels and Freeport is trying to quiet bankruptcy fears even as it drowns in $20 billion of debt.” Read the full article at this link: There is a global fire sale of copper and coal mines.