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Freeport reports higher adj. profit on gold price surge

Jan 26 (Reuters) - Miner Freeport McMoRan Inc reported a jump in adjusted quarterly profit on Tuesday, benefiting from higher gold prices and aggressive cost cuts.

On an adjusted basis, the company earned profit of $566 million, or 39 cents per share, in the fourth quarter ended Dec. 31, from $31 million, or 2 cents per share, a year earlier.

Reporting by Arundhati Sarkar in Bengaluru

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