Freeport Leads Gains by Miners as JPMorgan Said to Be Advising

Updated on
  • Shares had tumbled 58% this year in global commodities rout
  • Freeport opened the door to selling shares in its energy unit

Freeport-McMoRan Inc. rose the most among major mining stocks after people familiar with the matter said the company is working with JPMorgan Chase & Co. to review its strategy following activist investor Carl Icahn’s entry into the shareholder register.

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