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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
02/08/201620:00:00Brower Piven Encourages Investors Who Have Losses in Excess of...
02/04/201618:01:32Statement of Changes in Beneficial Ownership (4)
02/04/201618:01:32Statement of Changes in Beneficial Ownership (4)
02/04/201618:01:02Statement of Changes in Beneficial Ownership (4)
02/04/201617:59:09Statement of Changes in Beneficial Ownership (4)
02/04/201617:57:14Initial Statement of Beneficial Ownership (3)
02/04/201617:57:14Statement of Changes in Beneficial Ownership (4)
02/02/201618:30:00Stull, Stull & Brody Announces Class Action Suit on Behalf of...
02/01/201614:53:04SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notify Investors...
02/01/201610:30:00INVESTOR ALERT: Investigation of Freeport-McMoRan Inc. Announced...
02/01/201608:30:00Hagens Berman Advises Freeport-McMoran Inc. (NYSE: FCX) Investors...
01/29/201620:35:00INVESTOR ALERT: Goldberg Law PC Announces Securities Class Action...
01/29/201606:00:00Brazil's Vale Set to Scrap Dividend
01/28/201615:49:00FREEPORT-MCMORAN INC. Shareholder Alert: Former SEC Attorney...
01/28/201610:30:00Glancy Prongay & Murray Commences Investigation on Behalf of...
01/28/201609:11:00Law Offices of Marc S. Henzel Announces Investigation of Companies...
01/27/201617:17:00Harwood Feffer LLP Announces Investigation of Freeport-McMoRan...
01/27/201615:08:25SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders...
01/27/201603:02:00Freeport To Boost Debt Cuts
01/26/201621:57:00IMPORTANT SHAREHOLDER NOTICE: Goldberg Law PC Announces Securities...

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