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Tough copper, oil market marks quarterly loss for Freeport-McMoRan

NYSE-listed diversified miner Freeport-McMoRan on Tuesday reported a net loss attributable to common stock of $4.1-billion, or $3.47 a share, for the fourth quarter of 2015, and $12.2-billion for the year, owing in part to weaker commodity prices. This was compared with a net loss of $2.9-billion for the same quarter in 2014 and $1.3-billion for the entire year, according to the US copper/gold miner and oil producer.