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Freeport Can Weather a Period of Low Copper Prices--CEO

By Tatyana Shumsky NEW YORK--Freeport McMoRan Copper & Gold Inc. (FCX) can weather a period of low copper prices, Chief Executive Richard Adkerson said on the company's second-quarter earnings conference call. The company's copper operations will remain profitable in the face of a sharp decline in copper prices from recent levels of around $3.50 a pound, Mr. Adkerson said. "Our project economics are not built around $3.50 copper," Mr. Adkerson said. He added that Freeport has shown it can make "adjustments" to its operations in order to cut back output and reduce costs during the 2008 financial crisis. Write to Tatyana Shumsky at tatyana.shumsky@dowjones.com Order free Annual Report for Freeport-McMoRan Copper & Gold, Inc. Visit http://djnweurope.ar.wilink.com/?ticker=US35671D8570 or call +44 (0)208 391 6028 Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Freeport Mcmoran (FCX)
DateTimeHeadline
07/02/201517:01:46Statement of Changes in Beneficial Ownership (4)
07/02/201517:01:46Statement of Changes in Beneficial Ownership (4)
07/02/201517:01:19Statement of Changes in Beneficial Ownership (4)
06/24/201517:01:00Freeport-McMoRan Declares Quarterly Cash Dividend on Common Stock
06/23/201518:50:33Freeport McMoRan Oil & Gas Inc. Files for IPO
06/23/201518:20:09Freeport McMoRan Oil & Gas Inc. Files for IPO
06/23/201518:15:08Freeport McMoRan Oil & Gas Inc. Files for IPO
06/23/201517:30:00Freeport-McMoRan Oil & Gas Inc. Files Registration Statement...
06/18/201514:00:093 Stocks to Watch in Copper
06/15/201514:00:24Confidential Treatment Order (ct Order)
06/12/201516:19:09Current Report Filing (8-k)
06/12/201516:10:56Amended Annual Report (10-k/a)
06/05/201517:43:35Statement of Changes in Beneficial Ownership (4)
06/03/201517:50:43Statement of Changes in Beneficial Ownership (4)
06/03/201517:50:43Statement of Changes in Beneficial Ownership (4)
06/03/201517:50:43Statement of Changes in Beneficial Ownership (4)
06/03/201517:50:43Statement of Changes in Beneficial Ownership (4)
06/03/201517:50:17Statement of Changes in Beneficial Ownership (4)
06/03/201517:44:04Statement of Changes in Beneficial Ownership (4)
06/03/201517:44:04Statement of Changes in Beneficial Ownership (4)

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