Freeport-McMoRan Slumps To $2.5B Loss

(Kitco News) – Diversified mining giant Freeport McMoRan Inc. (NYSE:FCX) reported a net loss of $2.5 billion, or $2.38 per share in the first quarter of 2015, a sharp decline from net income of $510 million, or 49 cents per share in the first quarter of 2014.

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