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Freeport boosts earnings on higher volumes, lower costs

"From an operational and financial perspective, Freeport is delivering," said Jefferies

William Clarke
Freeport boosts earnings on higher volumes, lower costs

Average copper prices in the quarter were up 37% yoy at US$4.11/lb, while unit costs fell 15% yoy to $1.24 per pound, largely thanks to higher than expected gold volumes. Adjusted earnings per share were...

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