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Freeport-McMoRan Copper & Gold Inc

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  • METALS-Nickel hits 14-mth high on ore export ban Sunday, 13 Apr 2014 | 9:44 PM ET

    SINGAPORE, April 14- Nickel extended gains on Monday to hit its highest level in more than a year on renewed concerns over supply of the stainless steel material following Indonesia's move to stop ore exports.

  • *Aluminium gains at risk given China slowdown. LONDON, April 4- Copper slipped on Friday on persistent investor concerns about slowing growth in top consumer China, though losses were limited as solid U.S. jobs data fed hopes that copper demand would pick up in the world's largest economy.

  • *Hopes bolstered after Beijing says ready to support economy. LONDON, March 31- Copper was down slightly after earlier hitting a two-week high on Monday, following a 2.8 percent gain last week, as investors were wary of China's tighter credit conditions despite hopes Beijing would stimulate its economy.

  • SYDNEY, March 31- London copper was steady on Monday but was set to post its biggest monthly drop since June, as a slow start to the year for manufacturers in top consumer China dimmed the outlook for metals demand.

  • JAKARTA, March 31- Dressed in the style of Indonesia's first leader, even using replica 1950 s microphones, presidential hopeful Prabowo Subianto roared to thousands of supporters at a recent rally in the capital: " Indonesia cannot be bought".

  • *Freeport targtting 2014 copper sales worth $5.7 bln. JAKARTA, March 28- Indonesia has approved big increases in 2014 copper sales for local units of copper miners Freeport McMoRan Copper& Gold Inc and Newmont Mining Corp, as it pushes for the two firms to resume exports quickly.

  • LONDON, March 28- Copper rose on Friday, climbing to its highest in 2-1/ 2 weeks, as speculation gathered pace that China could step-in to stimulate its economy and lift demand for industrial metals.

  • SYDNEY, March 28- London copper edged higher on Friday, moving further away from more than three-year lows hit earlier this month, as hopes for stimulus in top metals user China put it on target for its biggest weekly rise in six months.

  • JAKARTA, March 27- Indonesia has reached a deal over export taxes with U.S. mining company Freeport-McMoRan Copper& Gold Inc, allowing nearly $4 billion worth of annual copper shipments to resume as early as next month.

  • JAKARTA, March 27- Indonesia has reached a deal over export taxes with U.S. mining company Freeport-McMoRan Copper& Gold Inc, allowing nearly $4 billion worth of annual copper shipments to resume as early as next month.

  • JAKARTA, March 27- Indonesia's government has reached a deal over export taxes with U.S. mining giant Freeport-McMoRan Copper& Gold Inc, which should resume copper shipments next month, a senior finance ministry official told Reuters on Thursday.

  • *Newmont says still shipping to Indonesia's Gresik copper smelter. JAKARTA, March 26- Newmont Mining Corp has not cut output at its Indonesian copper and gold mine, a spokesman at the Denver- based company said on Wednesday, denying government claims earlier in the day that its production had been slashed.

  • *BP wins 24 bids for $41.6 million. HOUSTON, March 19- BP Plc rejoined bidders for exploration and production leases in the Gulf of Mexico on Wednesday and won 24 tracts after the U.S. government lifted a 16- month ban barring the company from new federal contracts.

  • BOSTON, March 17- Big U.S. companies appear to have handed out smaller increases in compensation to their chief executives in 2013 than in 2012, mainly as a result of reduced grants of stock options, according to an early review of annual regulatory filings.

  • US STOCKS-Profit-taking drags Wall Street lower Tuesday, 11 Mar 2014 | 4:53 PM ET

    *Men's Wearhouse to acquire Jos. A. Bank Clothiers. Shares of retailers American Eagle and Urban Outfitters fell sharply after disappointing outlooks. They're just taking some money off the table, "said Frank Lesh, futures analyst and broker at FuturePath Trading LLC in Chicago.

  • *J.C. Penney jumps after Citi upgrade. *Copper prices fall to lowest since July 2010. "When you get a slow data week, markets tend to get a little jittery and slow," said Quincy Krosby, market strategist at Prudential Financial in Newark, New Jersey.

  • *Freeport says tax breaches contract; govt wants firmer smelter commitments. Freeport and fellow U.S. miner Newmont Mining Corp have refused to pay an escalating export tax introduced on Jan. 12 as part of package of new mining rules aimed at forcing miners to build smelters and process raw materials in Indonesia.

  • JAKARTA, March 11- U.S. mining giant Freeport-McMoRan Copper and Gold Inc has cut production at its Indonesian copper and gold mine by around 60 percent, a union official told Reuters on Tuesday, two months after halting exports over a dispute with the government on a new export tax.

  • *Boeing finds cracks in wings of Dreamliners in production. *Facebook shares hit another record after UBS raises target. NEW YORK, March 10- U.S. stocks dipped on Monday, weighed down by soft data out of China and Boeing's latest production setback.

  • China's exports unexpectedly tumbled in February, falling 18.1 percent from a year earlier and swinging the trade balance into deficit. The data underscored recent concerns about the outlook for China's economy, even though the Lunar New Year holidays were blamed for the slide.

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