Molybdenum miner General Moly Inc posted a wider quarterly net loss, hurt by higher operating expenses and lower prices, sending shares down as much as 2.6 percent.
The offer price of 13 pence for each share in the Western Pacific Rim-focused company represents a premium of about 27 percent to Metals Exploration's Thursday close.
Can't find what you're looking for? Try browsing the entire Silver City Daily Press by clicking here! Freeport-McMoRan Copper & Gold Inc., which owns the Chino and Tyrone mines in Grant County, has reported profits of $649 million during the second quarter of 2010.
Earnings season essentially kicked off last week when the first of the Dow Jones Industrial companies, aluminum manufacturer Alcoa , turned in a performance that handily beat expectations.
According to Freeport-McMoran Copper and Gold Inc.'s second-quarter and six-month report, the company is evaluating the restart of mining and milling activities at the Chino Mine, which were suspended in late 2008 in response to global economic conditions.
According to Freeport-McMoran Copper and Gold Inc.'s second-quarter and six-month report, the company is evaluating the restart of mining and milling activities at the Chino Mine, which were suspended in late 2008 in response to global economic conditions.
Presentation Q&A Participants Executives Kathleen Quirk - EVP, CFO & Treasurer Richard Adkerson - President & CEO Jim Bob Moffett - Chairman of the Board Red Conger - President of Freeport-McMoRan Americas Mark Johnson - President of Freeport-McMoRan Indonesia Analysts David Gagliano - Credit Suisse Michael Gambardella - JPMorgan Sal Tharani - ...
Shares of Freeport McMoRan Copper & Gold Inc. rose clung to nearly a 3% advance Wednesday after the mining company reported a 10% jump in second-quarter profit built on sharply higher metals prices.
Freeport-McMoRan Copper&Gold Inc. says global copper demand is robust despite the uneven economic recovery, prompting it to push ahead with plans to restart some operations curtailed during the recession.
