ReutersTORONTO, Oct 25 (Reuters) - Freeport-McMoRan Inc, the world's second largest publicly-listed copper miner by valuation, reported an increase in third-quarter adjusted profits on Wednesday, buoyed by a big jump in copper prices.
The Arizona-based company also said it was encouraged by continued progress in negotiations with Indonesia to secure a new permit for its Grasberg copper and gold mine. The company has not announced any developments on a framework agreement since it was announced in late August.
TORONTO, Oct 25 (Reuters) - Freeport-McMoRan Inc, the world's second largest publicly-listed copper miner by valuation, reported an increase in third-quarter adjusted profits on Wednesday, buoyed by a big jump in copper prices.
The Arizona-based company also said it was encouraged by continued progress in negotiations with Indonesia to secure a new permit for its Grasberg copper and gold mine. The company has not announced any developments on a framework agreement since it was announced in late August.
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