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|Wednesday Sector Laggards: Energy, Materials
Wednesday, March 23, 2:30 PM ET, by Market News Video Staff
Looking at the sectors faring worst as of midday Wednesday, shares of Energy companies are ...
May 6th Options Now Available For Freeport-McMoran Copper & Gold (FCX)
Thursday, March 24, 11:03 AM ET, by Market News Video Staff
Investors in Freeport-McMoran Copper & Gold (FCX) saw new options become available today, for the ...
XME, CLF, CDE, FCX: Large Outflows Detected at ETF
Wednesday, March 30, 10:52 AM ET, by Market News Video Staff
Symbols mentioned in this story: XME, CLF, CDE, FCX Exchange traded funds (ETFs) trade just ...
Monday Sector Leaders: Materials, Financial
Monday, April 11, 2:34 PM ET, by Market News Video Staff
Looking at the sectors faring best as of midday Monday, shares of Materials companies are ...
Tuesday Sector Leaders: Energy, Materials
Tuesday, April 19, 2:42 PM ET, by Market News Video Staff
Looking at the sectors faring best as of midday Tuesday, shares of Energy companies are ...
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 (NYSE: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 (AMEX: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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