Copper Sales Higher in 2012 - Gold Sales Lower - Freeport-McMoRan Copper & Gold, (FCX)

Freeport-McMoRan Copper & Gold, (FCX) is out with earnings this morning and the company sees Copper Sales much higher in 2012 than 2011. FCX sees gold sales lower in 2012.
 

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) reported fourth-quarter 2011 net income attributable to common stock of $640 million, $0.67 per share, compared with $1.5 billion, $1.63 per share, for fourth-quarter 2010. For the year 2011, FCX reported net income attributable to common stock of $4.6 billion, $4.78 per share, compared with $4.3 billion, $4.57 per share, for the year 2010.