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Freeport-McMoRan chairman resigns, shares plummet

Cecilia Jamasmie | December 28, 2015 | 7:00 am Base Metals Energy Precious Metals Top Companies Asia Europe Latin America Coal Copper Gold Nickel 

[caption id="attachment_841530" align="aligncenter" width="600"] Freeport-McMoRan’s Tyrone mine in New Mexico.[/caption] Shares in Freeport-McMoRan (NYSE:FCX) were trading more than 7.5% lower on Monday morning at about $7 after the company announced its co-founder James Moffett was stepping down as chairman and quitting...

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