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Freeport-McMoRan Copper & Gold Inc’s Profits, Production Fall
Oct. 22, 2012 08:19AM PST
Precious Metals InvestingReuters reported that Freeport-McMoRan Copper & Gold Inc’s Q3 profits plummeted, and failed to meet analyst estimates.
Reuters reported that Freeport-McMoRan Copper & Gold Inc’s Q3 profits plummeted, and failed to meet analyst estimates.
As quoted in the market report:
Freeport trimmed its forecast for gold production this year but said it expects a big jump in both gold and copper output next year, when it will be mining higher-grade ores at Grasberg.
