FreeportMcMoRan Copper and Gold News Archives

U.S. stocks fell the most since May this week as new home sales that missed forecasts and a drop in consumer spending added to speculation that the seven-month rally outpaced prospects for an economic recovery.

Standard & Poor's said Thursday it will add miner Freeport-McMoRan Copper & Gold Inc.

Microsoft Corp. Investors are piling into call options on the world's largest software maker following first-quarter earnings.

The Freeport McMoRan smelter sits on a hill between the tailings and the open-pit copper mine outside Miami and Globe.

ALLAN ROBINSON F REEPORT-MCMORAN Yesterday's close $82.98 U.S., up $3.26 Freeport-McMoRan Copper & Gold Inc.

High growth/modest risk plays don't appear too often, but Freeport McMoRan Copper & Gold is one, which is why I'm Reiterating my Buy rating for the company's shares, first recommended on March 23, 2009 at a price of $41.87. If you bought Freeport in March, you're up an impressive 97%, and there's much more ahead.

Freeport-McMoRan Copper and Gold is back. Effective with the report of its third-quarter results on Wednesday, there's very little doubt that the company has returned to its impressive form of a couple of years ago.

Oct. 21 -- Freeport-McMoRan Copper & Gold Inc., the world's largest publicly traded copper producer, said third- quarter profit rose 77 percent because of higher prices and lower costs.

Freeport-McMoRan says its profit jumped 77 percent in the third quarter as the miner slashed spending and investors nervous about the economy bought gold.

BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released in the coming weeks and determining how the stocks have performed before their last 12 quarterly, 6 quarterly and October/November earnings reports.

A police spokesman says two employees working for U.S. company Freeport have been shot and wounded near the world's largest gold mine in eastern Indonesia.

Oct. 19 -- Copper prices rose to a one-month high as miners in Peru began a nationwide strike and a walkout at a BHP Billiton Ltd.

U.S. and European stocks rose, sending the MSCI World Index to near a one-year high, on speculation improving corporate earnings will extend a seven- month rally in equities.

The City of Blackwell filed a lawsuit Thursday against mining company Freeport-McMoRan Copper & Gold, Inc.

John McCain - has joined the Gallagher & Kennedy PA law firm as a lobbyist. Gallagher's list of legal clients includes sports franchises, mining giant Freeport-McMoRan Copper & Gold Inc., real estate developers and the Arizona Public Service Co.

Based on the aggregated intelligence of 140,000-plus investors participating in Motley Fool CAPS , the Fool's free investing community, global mining giant Freeport-McMoRan Copper & Gold has earned a respected four-star ranking .

Strait Gold Corporation is pleased to announce that it has retained Cesar Augusto Riofrio as Senior Geologist, based in Lima, Peru, to be responsible for all of the Company's exploration activity in Peru.

U.S. stock-index futures advanced, indicating the Standard & Poora s 500 Index will rise following its biggest weekly gain since July, on speculation corporate earnings will help extend a seven-month equity rally.

U.S. stocks gained, sending the Dow Jones Industrial Average above its highest close in a year, after Alcoa Inc.

Legal hurdles facing Freeport-McMoRan Copper & Gold Inc.'s new copper and cobalt mine in Africa are coming to a head.

Stock index futures were little changed on Friday as a retreat in commodity prices weighed on natural resource shares after the U.S. dollar rebounded.

Stock prices were higher Thursday after reports showed retails sales increased in September and unemployment claims declined in the past week.

A rally in commodity prices also sent stock prices higher Tuesday for the second consecutive session.

Stocks rose more than 1 percent on Tuesday on renewed hopes for a global economic recovery after the Australian central bank raised interest rates and in anticipation of the start of an improved U.S. earnings season.

A top U.S. Agriculture Department official is to visit Tucson later this month to get a close-up look at the Rosemont mine conflict.

Copper has long been called the "metal with the PhD" or the "smart" metal because of its apparent ability to predict changes in the economy based on metal demand and pricing.