Copper remains the bellwether metal for the global economy, with a plethora of companies at all levels offering investors exposure and upside
The copper price has recovered strongly since its lows in March
Company
NYSE:FCX
Freeport-McMoRan Inc is a leading international mining company with headquarters in Phoenix, Arizona. The company operates large, long-lived geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. Freeport-McMoRan Inc's portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world’s largest copper and gold deposits; and significant mining operations in the Americas, including the large-scale Morenci minerals district in North America and the Cerro Verde operation in South America.
91 stories · page 2 of 5
The copper price has recovered strongly since its lows in March
Also on the move were Walmart, PG&E Corporation, Weight Watchers International and Freeport-McMoRan
Also on the move were Applied Materials, Outback parent Bloomin' Brands, CenturyLink, Cisco Systems, NetApp and Nvidia
Investments and investor services
Sustained demand growth and forecast supply cuts have not yet translated into higher copper prices as the Chinese economy slows.
Investments and investor services
Revenue in the first nine months of 2018 hit nearly $15 billion due to earnings from the production of gold, copper and molybdenum
Despite some tariff-related headwinds, copper looks set to be the standout metal in the coming few years
The deal is for the Savinac and Bacevica exploration licence in the southern portion of the Timok magmatic complex
Consolidated sales totaled 989 million pounds of copper, above the expected guidance of 970 million pounds
The UK-listed miner has a joint venture with US giant Freeport-McMoRan Inc., owner and operator of the Grasberg mine, for a 40% share of its production above specific levels until 2021 and 40% of all production after 2021
Study suggests the project could generate up to $21.2mln for local schools
The bear market recovery is now unwinding in the mining sector and fundamentals are once more coming to the fore.
The gold price has come off its January lows and low looks to be on an upward trend
Investors in the US await details of the Fed minutes today
Donald Trumps healthcare bill is in Congress, his first big test as President
Archive
investors will be scanning full-year results from Chilean copper producer Antofagasta, due on Tuesday, for progress on the expansion of its Los Pelambres asset
US stocks ended on a dull note on Thursday, with the Dow making a symbolic record high at the start of the session and then tickers edging further into the red as the day wore on
What will President Trump do next? Markets are well known for their hatred of uncertainty, and Trump's unpredictability may be starting to get investors spooked
What conclusions can we draw from the flurry of commentary that followed Glencore’s production results this week.
US stocks closed mixed on Thursday, with the Dow and Nasdaq marking fresh record highs but the S&P 500 doing as much – before heading lower after US President Donald Trump mooted that he was weighing up a 20% border tax on Mexican imports t