Cobalt – Metal Bulletin reported that in the next few weeks, the last annual long-term intermediate cobalt contracts between miners and Chinese buyers are likely to be signed.
Articles Tagged "NYSE:FCX"
Cobalt – Chris Berry of House Mountain Partners will be focusing on cobalt this year, and he suggests keeping an eye on Freeport-McMoRan Copper & Gold to get a sense of what the market is doing.
Moly – Here's a look at the mining environment in the United States, as well as an overview of some of the companies producing and exploring for the metal in the country.
ArcelorMittal, Lake Shore Gold, Freeport-McMoRan and a number of US-focused oil and gas companies were mentioned by analysts last week as showing potential for significant upside.
Copper – Freeport-McMoRan Copper & Gold (NYSE:FCX) announced their Q2 results, including net income of $482 million, down from $710 from the same quarter last year.
Copper – Forbes reported that analysts widely expect Freeport-McMoran Copper and Gold (NYSE:FCX) to announce declining profits in their second quarter profits, but continue to rate the company a "buy".
Gold – The Grasberg mine in Indonesia, the Yanacocha mine in Peru and the Goldstrike mine in Nevada are the three largest gold mines in the world.
Gold – Gold approached $1,300 an ounce Thursday following remarks from US Fed Chair Ben Bernanke suggesting a continuation of the central bank's stimulus program.
Copper – Reuters reported that shipments and underground mining have resumed at Freeport's (NYSE:FCX) Grasberg mine in Indonesia, although it warns of a drop in output due to an extended closure after a series of accidents.
Copper – Mining Weekly reported openpit mining at Freeport McMoRan Copper and Gold's (NYSE:FCX) Grasberg mine in Indonesia has now returned to full capacity, after having been closed since mid-May while probes into a series of fatal accidents were ongoing.