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Freeport-McMoRan's net income in 4Q halved but still finishes the year up

Michael Allan McCrae | January 19, 2012 | 3:55 pm Base Metals Precious Metals Asia Europe Copper Gold 

Freeport-McMoRan (NYSE:FCX), which operates the world's largest gold and copper mine in Papua, Indonesia, said that its 4Q net income tumbled to $640 million or 67 cents per share compared with net income of $1.5 billion or $1.63 per share...

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