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|Top Buys by Directors: Moffett's $1.1M Bet on FCX
Tuesday, September 1, 11:21 AM ET, by Market News Video Staff
The directors of a company tend to have a unique inside view into the business, ...
Top Buys by Top Brass: Chairman of the Board Moffett's $1.1M Bet on FCX
Tuesday, September 1, 12:10 PM ET, by Market News Video Staff
A company's own top management tend to have the best inside view into the business, ...
Friday Sector Laggards: Financial, Materials
Friday, September 4, 2:31 PM ET, by Market News Video Staff
Looking at the sectors faring worst as of midday Friday, shares of Financial companies are ...
October 30th Options Now Available For Freeport-McMoran Copper & Gold (FCX)
Thursday, September 10, 11:19 AM ET, by Market News Video Staff
Investors in Freeport-McMoran Copper & Gold (FCX) saw new options become available today, for the ...
Friday Sector Laggards: Energy, Materials
Friday, September 18, 2:36 PM ET, by Market News Video Staff
In afternoon trading on Friday, Energy stocks are the worst performing sector, showing a 3.1% ...
Freeport-McMoRan Copper & Gold Announces Earnings; Golden Star Resources Announces Production Results
By Metals Channel Staff, Thursday, April 19, 2:36 PM ET
Freeport-McMoRan Copper & Gold (FCX) today reported that it earned $764 million, or $0.80 per share, in the first quarter of 2012, versus $1.5 billion, or $1.57 per share, in the same period a year ago. Operating cash flows for first-quarter 2012 were $801 million versus $2.4 billion for first-quarter 2011. Based on current 2012 sales volume and cost estimates and assuming average prices of $3.50 per pound for copper, $1,600 per ounce for gold and $14 per pound
Shares are lower by about a tenth of a percent in early afternoon trading.
Golden Star Resources (GSS) today announced preliminary first quarter 2012 production results for its Bogoso/Prestea and Wassa/HBB operations. The Company produced a total of 77,725 ounces of gold in the first quarter ended March 31, 2012, compared with guidance of 79,000 ounces. Preliminary cash operating cost for the quarter is approximately $1,120 per ounce.Wassa/HBB operations performed in line with expectations in the first quarter of 2012, with 36,483 ounces sold at an estimated cash operating cost of approximately $1,000 per ounce.
Shares are lower by about seven tenths of a percent in early afternoon trading.
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