Freeport-McMoRan Inc. (NYSE: FCX) and Barrick Gold (NYSE: ABX) both mine for gold and copper. There’s been a lot of good news in the precious and industrial metals industries lately, with both copper and gold rallying off of their lows last year. Investors still seem pretty excited about the outlook for the metals, too. If you are comparing this pair of miners, however, you need to look past the forecast for copper and gold and focus on risk. And on that score, Barrick is the better choice right now.