Freeport mcmoran buys oil and gas
22 Sep 2010 Freeport-McMoRan Copper & Gold Inc. is investing $500 million in a Louisiana Phoenix mining company invests in Gulf of Mexico oil drilling be one of the largest gas discoveries in the shallow area of the Gulf in decades. analysts as he upgraded Freeport-McMoRan's stock (FCX) to buy from neutral,� In re Freeport-McMoRan Copper & Gold Inc. Derivative Litigation. (Freeport) Chairman James R. Moffett's heavily orchestrated acquisition of a failing (MMR ) demonstrated that the oil and gas industry is ripe for conflict of interest problems .