Freeport McMoRan Copper & Gold (FCX -1%) dips in afternoon trading, after saying it's...

|By:, SA News Editor

Freeport McMoRan Copper & Gold (FCX -1%) dips in afternoon trading, after saying it's looking to restart operations at its Leadville molybdenum mine next year. The mine's been on maintenance status since 1995 - after closing in 1987 when molybdenum prices plummeted - and could be costly to bring back on line.