21 hrs ago
UPDATE 2-Freeport Indonesia cuts output by 60 pct -union official
Freeport-McMoRan Copper and Gold Inc has cut ore production at its Indonesian copper and gold mine by around 60 percent, a union official said, two months after the U.S. miner halted exports over a dispute with the government on a new tax.
Trending on the Topix Network
21 hrs ago
Clarkdale secures new site on Verde River
In April 2013, the Town of Clarkdale secured a river access location in the historic TAPCO area north of Clarkdale from Freeport-McMoRan Copper & Gold Inc. The License Agreement designated a 90-acre site and allowed the Town of Clarkdale to use the property for Verde River access for public recreation and education purposes.
23 hrs ago
Why Freeport-McMoran Copper & Gold (FCX) Is Down Today
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Lincoln Daily News
World stocks, copper and oil fall after weak China exports
World stock indexes fell and the prices of copper and oil sank on Monday after surprisingly weak Chinese trade data added to worries about a slowdown in the world's second-largest economy.
Mon Mar 10, 2014
Freeport-McMoRan: China Concerns Are Overblown
Freeport-McMoRan shares dropped over 3% early Monday as weak China trade data hurt metal prices and stocks.
The Motley Fool
Freeport-McMoRan Copper & Gold Inc: Wrapping up the Indonesia Issue
The stock fell more than $7 back in January on a decree by the government to impose a heavy export duty on unprocessed materials, including copper and gold.
Us Stocks-Wall St to dip at open after record, China data
U.S. stocks were set to open slightly lower on Monday, on the heels of a record high for the S&P 500, following unexpectedly weak data in China which tempered enthusiasm over the strength of the global economy.
The Washington Post
Copper Surplus Seen at Risk From Global Disruptions at Mines
A surplus of copper predicted for this year is at risk of shrinking because of potential disruptions at mines around the world, according to researcher Wood Mackenzie Ltd. Production will exceed demand by about 300,000 metric tons in 2014, from 65,000 tons last year, said Paul Benjamin and Jonathan Barnes, analysts at Edinburgh-based Wood ... (more)
Fri Mar 07, 2014
The Washington Post
U.S. Stocks Fluctuate on Ukraine Tension After Payrolls Report
U.S. stocks fluctuated, with the Standard & Poor's 500 Index trading near an all-time high, as concern the situation in Ukraine could worsen offset data showing stronger-than-forecast jobs growth.
Why Freeport McMoRan Copper & Gold (FCX) Is Down Today
The restrictions are due to a power shortage in the nation that will take years to solve, according to BusinessWeek .
Wall Street Journal
Elon Musk Is Among the Top Five Execs Betting on Their Own Teams
General Electric Chief Executive Jeff Immelt garnered attention this week for plowing his bonus into GE stock .
Freeport-McMoRan Copper & Gold Inc. (FCX) Traders Call a Bottom
Amid this technical setback, put volume has soared to four times the typical intraday levels, causing FCX's 30-day at-the-money implied volatility to rise 5.6% to 25.0%.
Freeport, Glencore cope with Congo power shortage
Freeport McMoRan says power rationing in the Democratic Republic of Congo will not affect its operations in the short term but a reliable energy supply would be crucial for any future expansion plans.
Wed Mar 05, 2014
Freeport-McMoRan cuts executives salaries by half
Phoenix-based mining giant Freeport-McMoRan Copper & Gold Inc. has cut the salaries of two of its top executive by half, according to Reuters.
Mon Mar 03, 2014
The Motley Fool
Indonesia Isn't the Problem for Newmont Mining Corp
Though facing the same issue in Indonesia, Freeport-McMoRan Copper & Gold ( Both miners export a considerable amount of material from Indonesia and have so far failed to obtain export licenses or waivers on the new export tax.
GM slides on weak sales, Apple edges higher on CarPlay
General Motors Co. fell on Monday after the auto maker reported lower sales in February while Apple Inc. rose following the unveiling of CarPlay.
Options Check-Up: Amazon.com, Inc., Freeport-McMoRan Copper & Gold...
Nevertheless, option players have grown increasingly call-focused on the stock. In fact, Amazon.com, Inc.'s 10-day International Securities Exchange , Chicago Board Options Exchange , and NASDAQ OMX PHLX call/put volume ratio of 1.16 ranks in the top 25% of its annual range, pointing to a faster-than-usual rate of call buying, relative to put ... (more)
Sun Mar 02, 2014
Freeport Can Rally With Indonesia Resolved
Freeport-McMoRan has started off 2014 on the wrong foot with shares down 13.6% so far.
Fri Feb 28, 2014
Alcoa: Still Worth Keeping In Your Portfolio
Last year, I started a series of articles that looks at three low priced stocks and evaluates whether or not they should be considered worthy of buying based on a number of various factors.
Thu Feb 27, 2014
Job Fair could help Deming grow
Headlight Photo Roberto Montoya, left, Deming Workforce Connections site manager, assists a client's seach for employment.