KONTAN.CO.ID - Copper miner Freeport-McMoRan beat Wall Street estimates for first-quarter profit on Tuesday, helped by higher production and easing costs. The mining giant said its quarterly production of copper rose to 1.1 billion pounds from 965 million pounds a year earlier, helped by a 49% jump in output from its Indonesia operations. Baca Juga: Lower Prices, Stubborn Costs Could Weigh on Copper Miners' Quarterly Results
Miner Freeport-McMoRan Beats Quarterly Profit Estimates on Strong Production
KONTAN.CO.ID - Copper miner Freeport-McMoRan beat Wall Street estimates for first-quarter profit on Tuesday, helped by higher production and easing costs. The mining giant said its quarterly production of copper rose to 1.1 billion pounds from 965 million pounds a year earlier, helped by a 49% jump in output from its Indonesia operations. Baca Juga: Lower Prices, Stubborn Costs Could Weigh on Copper Miners' Quarterly Results