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Freeport CEO: “Crossed The Rubicon” On Restart Of Climax Mine
Oct. 19, 2011 01:34PM PST
Industrial MetalsFox Business reported that market concerns won’t affect the timing of Freeport McMoRan Copper & Gold Inc.’s (NYSE:FCX) Climax moly mine restart.
Fox Business reported that market concerns won’t affect the timing of Freeport McMoRan Copper & Gold Inc.’s (NYSE:FCX) Climax moly mine restart.
As quoted in the market news:
Freeport has already spent the capital and hired staff for the project, Adkerson said on the company’s third-quarter earnings call. “In terms of completing the project, we’ve crossed the Rubicon,” Adkerson said.
Click here to read the full Fox Business report.