Freeport-McMoRan books steep losses

Resource giant Freeport-McMoRan has swung to a net loss for the fourth quarter and 2014 as a whole as impairment charges on its oil and gas assets put the company into the red.

Accounting costs: Freeport-McMoRan wipes billions off its oil and gas portfolio
Accounting costs: Freeport-McMoRan wipes billions off its oil and gas portfolio
Published 27 January 2015, 15:26Updated 17 October 2016, 13:14
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