Copper $ 5.486 / lb 1.08%
Brent Crude Oil $ 59.57 / bbl -0.33%
Palladium $ 1786.25 / ozt 0.46%
Crude Oil $ 55.8 / bbl -0.18%
Natural Gas $ 3.94 / Btu -0.05%
Silver Futures $ 66.2 / ozt 1.20%
Aluminum Futures $ 2936.75 / ton 0.57%
Micro Gold Futures $ 4358.6 / ozt -0.13%
Micro Silver Futures $ 66.155 / ozt 1.12%
Platinum $ 1966.35 / ozt 0.68%
Gold Futures $ 4358.9 / ozt -0.11%
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Freeport-McMoRan cuts spending, production and jobs: shares soar

Cecilia Jamasmie | August 27, 2015 | 7:34 am Base Metals Energy Precious Metals Top Companies Asia Europe Latin America Coal Copper Gold Nickel 

[caption id="attachment_832628" align="aligncenter" width="600"] Freeport-McMoRan said it would halve production at its Tyrone mine in New Mexico.[/caption] Shares in Freeport-McMoRan (NYSE:FCX) soared Thursday morning after the copper and gold miner said it would capital spending plans for 2016 by 29%,...

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