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Standard & Poor's said Thursday it will add miner Freeport-McMoRan Copper & Gold Inc. to its S&P 100 index to replace Schering-Plough Corp., after the drugmaker merges with Merck & Co. in a deal expected to be completed soon.
Freeport-McMoRan Copper & Gold Inc. said Wednesday that quarterly earnings rose for the first time this year as the mining giant cut costs, developing countries bought copper and investors nervous about the economy bought gold.
Mining giant Freeport-McMoRan Copper & Gold Inc. said Tuesday its second-quarter profit dropped 38 percent but still beat analysts' estimates as gold sales more than tripled.
Freeport-McMoRan Copper & Gold Inc., the world's largest publicly traded copper company, reports second-quarter results Tuesday before the market opens. Here is a summary of key developments related to the period.
Indonesia is deploying police special forces to U.S.-based Freeport's gold mine — the world's largest — after a wave of shootings at the remote facility, a police official said Thursday.
Freeport-McMoRan Copper & Gold Inc. on Wednesday reported a 96 percent drop in first-quarter net income as the global recession drove down demand and prices for its metals, used in everything from construction to steel.
A severe pullback in spending for everything from houses in Connecticut to jewelry in Europe and steel in China has reached as far as the New Mexico mining town of Silver City, N.M.
Freeport-McMoRan Copper and Gold says third-quarter profits fell nearly one-third as copper prices declined.
Two small bombs exploded early Friday on a road leading to a massive copper and gold mine in eastern Indonesia and a third unexploded mortar was found nearby, police said. No one was injured and there was little damage.
Freeport-McMoRan Copper & Gold Inc., one of the world's biggest copper miners, said Wednesday its fourth-quarter earnings fell 3 percent from a slew of one-time charges and higher costs, despite surging revenue.
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