Freeport axes dividend by 84% amid weak commodity prices

[caption id="attachment_821057" align="aligncenter" width="600"] Freeport’s Grasberg copper mine in Indonesia.[/caption] Shares in Freeport-McMoRan (NYSE:FCX), the U.S. largest miner by market value and revenue, were down Tuesday morning after the U.S. copper miner announced it had slashed its quarterly dividend by...

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