More on Freeport McMoRan's (FCX +2.5%) Q2 results: Although earnings and revenues tumbled Y/Y,...

|By:, SA News Editor

More on Freeport McMoRan's (FCX +2.5%) Q2 results: Although earnings and revenues tumbled Y/Y, FCX says it is on track to increase annual copper production by more than 25% during the next three years through brownfield investments. In Q2, copper production -8.3%, gold production -28%; realized prices of copper fell 16% while gold prices rose 5.2%.