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Posts related to ‘copper mining’

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Barrick Posts Big Net Loss Due to $4 Billion Write-Down

Posted: February 14, 2013 at 7:35 am

Barrick Gold Corp. (NYSE: ABX) reported fourth-quarter and full-year 2012 earnings before markets opened this morning. For the quarter, the gold miner posted adjusted earnings per share (EPS) of $1.11 ...
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Freeport’s Results Weaker Than Expected

Posted: October 22, 2012 at 8:54 am

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) reported third-quarter results before markets opened this morning. The mining firm posted adjusted diluted earnings per share (EPS) of $0.86 on revenues of ...
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After the Fall: A Value Choice in Base Metals and Steel (RIO, VALE, BHP, X, NUE, STLD, MT, FCX, SCCO, AA)

Posted: May 29, 2012 at 12:59 pm

The single most important word in world markets for base metals and steel is “China.” With the slow-motion economic recovery in the global economy, the expected 8% or so growth ...
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Mining Stocks Undervalued According to BlackRock (BLK, BHP, RIO, VALE, FCX, SCCO)

Posted: October 25, 2011 at 11:47 am

Investors appear to have lost faith in mining stocks, sending share prices down steadily throughout the year. Both iron ore and copper prices are down nearly 20% since the beginning ...
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Comex Raises Copper Margin Requirements — Gold & Silver Next? (CME, FCX, SCCO, NEM, ABX, SLW, JJC, GLD, GDX, GDXJ, SIL)

Posted: October 6, 2011 at 12:43 pm

In what appears to be a counterintuitive move, CME Group (NASDAQ: CME) today raised its margin requirements for copper futures contracts. The requirement rose by 15%, from $6,750 to $7,763 ...
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Gold Miners Outshine Copper Miners (RIO, BHP, VALE, FCX, SCCO, NEM, ABX, AUY, SLW, GLD, GDX, SLV, SIL)

Posted: September 22, 2011 at 8:22 am

At yesterday's meeting for investors, Rio Tinto plc (NYSE: RIO) offered a subdued forecast for the iron ore and copper markets going forward. There was some upbeat talk about new ...
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NovaGold Might Have Struck it Rich (NG, TCK, GDXJ, GLD)

Posted: August 1, 2011 at 12:48 pm

NovaGold Resources Inc. (AMEX: NG)may have struck it rich.  Last month when we looked at value in gold mining stocks, NovaGold was among the group.  We noted at the time ...
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Commodities Watch: Mega-deals Ahead in Metals; Copper Miner Can’t Sell Itself; Grain Prices Rising as Stockpiles Fall (CLF, LUNCF, ABX, IEMMF, MOO, DBA)

Posted: May 26, 2011 at 2:00 pm

Today's commodities news leads off with a new report on mergers and acquisitions in the metals sector, including a failed try at selling a copper miner. There's also a new ...
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