Fitch Re-affirms Freeport-McMoRan Copper & Gold's Issuer Default, Debt Rating At BBB- - Update

) - Monday, Fitch Ratings has affirmed Issuer Default Rating or IDR and debt ratings of Freeport-McMoRan Copper & Gold Inc. (FCX: News ) and its subsidiary Phelps Dodge Corporation (PD). The ratings reflect Freeport-McMoRan Copper & Gold's position as