Freeport profit drops as prices fall

Jan 22 (Reuters) - Miner Freeport McMoRan Copper & Gold Inc

reported a decline in fourth-quarter earnings on Wednesday as copper and gold prices dropped.

Net income at the world's biggest publicly traded copper producer fell to $707 million, or 68 cents a share, from $743 million, or 78 cents a share, a year earlier.

Revenue rose to $5.89 billion from $4.51 billion, boosted by the company's recent oil and gas acquisitions.

(Reporting by Allison Martell in Toronto and Nicole Mordant in Vancouver; Editing by Lisa Von Ahn)

((allison.martell@thomsonreuters.com)(+1 416 941 8196)(Reuters Messaging: allison.martell.thomsonreuters.com@reuters.net))

Keywords: FREEPORT RESULTS/