Any uptick in copper on strong US jobs data is seen as temporary as investments to China fall and European debt fears persist.
Continue reading "Copper Briefly Picks Up On US Jobless Data, Downside Fears Persist"
Tuesday, July 21, 2009
Freeport-McMoRan Copper & Gold Inc sees a tighter global supply base for copper and strong demand from China and the developing world favoring the industrial metal’s longer-term outlook. For full story, click here
Continue reading "Emerging Markets are bolstering Copper Outlook: Freeport"
Friday, June 5, 2009
Freeport McMoran Copper and Gold has closed yesterday at $56.33. So far the stock has hit a 52-week low of $15.70 and 52-week high of $126.64. Freeport McMoran stock has been showing support around 52.18 and resistance in the 58.74 range. For full story, click here
Continue reading "Freeport McMoran Copper closed at $56.33"
Thursday, May 28, 2009
The Tohono O’odham Nation claims an global mining company released hazardous substances during its search for copper on tribal lands, destroying the area’s natural resources in the process. For full story, click here
Continue reading "Tribe has sued Freeport McMoRan over Copper Mine"
Tuesday, May 12, 2009
By Leia Michele Toovey- Exclusive to Copper Investing News Copper futures fell more than 2 per cent Monday on worries that demand from China, the world’s biggest copper consumer, may slow. Copper for July delivery lost 5.7 cents to close at $2.0885 a pound on the Comex division of the New York Mercantile Exchange. Last [...]
Continue reading "Demand worries stall copper’s climb"
Friday, April 24, 2009
The long-term outlook for copper is forecasted to be positive but in the near term, Freeport-McMoRan Copper and Gold will continue to focus on reducing costs and maintaining assets, according to the mining company’s 2008 annual report. For full story, click here
Continue reading "Freeport reported positive outlook for future of copper mining"
Tuesday, March 31, 2009
Freeport McMoRan, the world’s top listed specialist copper miner, has quietly just produced its first copper cathode at the giant Tenke Fungurume copper cobalt mine, near Lubumbashi, Katanga Province, Democratic Republic of the Congo. For full story, click here
Continue reading "Freeport McMoRan produced its first copper cathode"
Tuesday, March 10, 2009
Freeport-McMoRan Copper and Gold chief executive is making no promises on restarting the company’s dividend and has given notification that a further drop in copper prices could force more output cuts. Freeport CEO Richard Adkerson, said: In the near future, no, I can’t assure them that. For full story, click here
Continue reading "Freeport: Drop in Copper prices may force output cuts"
Tuesday, February 24, 2009
Freeport-McMoRan Copper & Gold said that it might have to make more cuts if the copper prices declines further. For full story, click here
Continue reading "Freeport sees more cuts if copper price declines"
Friday, February 13, 2009
Freeport-McMoRan Copper would reduce mining and crushed leach rates by 50 percent at its Morenci copper mine, compared with a 25 percent curtailment announced in December, along with a series of other operating reductions and deferred start-ups. For full story, click here
Continue reading "Freeport-McMoRan Copper crushed leach rates by 50 %"
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Friday, December 16, 2011