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|Tuesday Sector Laggards: Healthcare, Materials
Tuesday, March 15, 2:37 PM ET, by Market News Video Staff
Looking at the sectors faring worst as of midday Tuesday, shares of Healthcare companies are ...
Thursday Sector Leaders: Energy, Materials
Thursday, March 17, 2:50 PM ET, by Market News Video Staff
Looking at the sectors faring best as of midday Thursday, shares of Energy companies are ...
FCX Makes Bullish Cross Above Critical Moving Average
Thursday, March 17, 4:17 PM ET, by Market News Video Staff
In trading on Thursday, shares of Freeport-McMoran Copper & Gold (FCX) crossed above their 200 ...
First Week of November 18th Options Trading For Golden Star Resources (GSS)
Tuesday, March 22, 10:46 AM ET, by Market News Video Staff
Investors in Golden Star Resources Ltd. (GSS) saw new options become available this week, for ...
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 ...
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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