Lundin Mining Corporation (TSE:LUN) announces that the government of the Democratic Republic of Congo and Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) have announced the successful conclusion of the review of Tenke Fungurume Mining's contracts.
Wednesday, September 10, 2008
Freeport-McMoRan Copper & Gold Inc. (FCX) experienced a failure at their 90.6% owned subsidiary PT Freeport Indonesia (PT-FI) where about 75,000 tonnes of material were affected at the Grasberg open pit. The incident is not expected to have a significant impact on PT-FI’s long-term mine plans. PT-FI’s mining and milling activities are continuing normally but access [...]
Continue reading "Freeport-McMoRan Copper & Gold Report Failure"
Wednesday, August 27, 2008
Zacks.com reported Freeport-McMoRan Copper & Gold, Inc.‘s second quarter results. They were down 23.2 percent year-over-year mainly due to reduced sales volumes of copper and gold. The reduced sales were attributed to mine sequencing at Indonesia’s Grasberg mine. Freeport-McMoRan was able to offset the increase in costs with the help of high copper and gold [...]
Continue reading "Freeport-McMoRan 2nd Quarter Down"
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Friday, October 22, 2010