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 Address to refer: https://www.researchchannel.co.za/article/fcx-stock-rises-as-management-wields-capex-axe-2015-08-05
 Article Headline: FCX stock rises as management wields capex axe
 Abstract: A negative oil and gas market outlook has forced US diversified miner Freeport-McMoRan (FCX) to pare the capital budget for its exploration and production arm and to defer investments in several long-term projects. The Phoenix, Arizona-based firm would also curtail output at certain of its copper and molybdenum assets, where it was reviewing operating and capital plans to strengthen its financial position in a weak copper-price environment.
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