Copper $ 5.4473 / lb 0.36%
Brent Crude Oil $ 59.67 / bbl -0.17%
Palladium $ 1772.75 / ozt -0.30%
Crude Oil $ 55.85 / bbl -0.09%
Natural Gas $ 3.922 / Btu -0.51%
Silver Futures $ 64.95 / ozt -0.71%
Aluminum Futures $ 2918.75 / ton -0.05%
Micro Gold Futures $ 4344.9 / ozt -0.44%
Micro Silver Futures $ 64.93 / ozt -0.75%
Platinum $ 1953.2 / ozt 0.01%
Gold Futures $ 4344.3 / ozt -0.44%
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Freeport axes oil and gas workforce as it posts sixth straight loss

Cecilia Jamasmie | April 26, 2016 | 8:00 am Base Metals Precious Metals Top Companies Asia Europe Latin America Copper Gold 

Freeport McMoRan (NYSE:FCX), the No. 1 listed copper miner, is cutting its oil and gas workforce by 25% as it struggles to reduce its over $20 billion debt. The US miner loss in the first three months of the year...

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