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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.
Independent oil and gas producer McMoRan Exploration Co. said Monday that drilling results indicate a potential discovery at a deep gas exploratory well in Louisiana.
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.
Freeport-McMoRan Copper and Gold says third-quarter profits fell nearly one-third as copper prices declined.
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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