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|Tuesday Sector Laggards: Materials, Services
Tuesday, May 27, 2:32 PM ET, by Market News Video Staff
The worst performing sector as of midday Tuesday is the Materials sector, higher by 0.1%. ...
Freeport-McMoran Copper & Gold (FCX) Shares Cross Below 200 DMA
Wednesday, May 28, 11:07 AM ET, by Market News Video Staff
In trading on Wednesday, shares of Freeport-McMoran Copper & Gold (FCX) crossed below their 200 ...
FXZ, ASH, FCX, PKG: Large Outflows Detected at ETF
Tuesday, June 10, 10:51 AM ET, by Market News Video Staff
Symbols mentioned in this story: FXZ, ASH, FCX, PKG Exchange traded funds (ETFs) trade just ...
Noteworthy ETF Outflows: FXZ, DOW, ASH, FCX
Wednesday, June 18, 10:49 AM ET, by Market News Video Staff
Symbols mentioned in this story: FXZ, DOW, ASH, FCX Exchange traded funds (ETFs) trade just ...
Agree To Purchase Freeport-McMoran Copper & Gold At $25, Earn 4.7% Using Options
Monday, June 23, 11:44 AM ET, by Market News Video Staff
Investors eyeing a purchase of Freeport-McMoran Copper & Gold (FCX) shares, but cautious about paying ...
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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