Freeport-McMoRan Reports Third-Quarter Revenue of $7.55B, EPS of $0.81
Third-quarter revenue and earnings rose year over year, supported by higher realized copper, gold and molybdenum prices. Lower copper and gold sales volumes, primarily from Grasberg’s ongoing ramp-up, partly offset the gains; U.S. and South America operating results improved.
Freeport-McMoRan’s third-quarter revenue and earnings rose year over year, supported by higher realized copper, gold and molybdenum prices. Lower copper and gold sales volumes, primarily from Grasberg’s ongoing ramp-up, partly offset the gains; improved U.S. and South America operating results also…