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|Friday Sector Laggards: Materials, Industrial
Friday, August 12, 2:30 PM ET, by Market News Video Staff
The worst performing sector as of midday Friday is the Materials sector, showing a 1.0% ...
Wednesday Sector Laggards: Materials, Healthcare
Wednesday, August 24, 2:31 PM ET, by Market News Video Staff
The worst performing sector as of midday Wednesday is the Materials sector, showing a 1.0% ...
Freeport-McMoran Copper & Gold (FCX) Shares Enter Oversold Territory
Friday, August 26, 4:06 PM ET, by Market News Video Staff
In trading on Friday, shares of Freeport-McMoran Copper & Gold (FCX) entered into oversold territory, ...
Wednesday Sector Laggards: Energy, Materials
Wednesday, August 31, 2:38 PM ET, by Market News Video Staff
The worst performing sector as of midday Wednesday is the Energy sector, showing a 1.9% ...
Wednesday Sector Laggards: Consumer Products, Materials
Wednesday, September 7, 2:36 PM ET, by Market News Video Staff
In afternoon trading on Wednesday, Consumer Products stocks are the worst performing sector, showing a ...
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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