Freeport-McMoRan Copper & Gold Inc


  • METALS-Copper gains capped by economic growth worries Wednesday, 8 Oct 2014 | 9:36 AM ET

    *China's main share index hits 20- month high. LONDON, Oct 8- Copper edged higher on Wednesday on a short-covering rally after an uptick in Chinese equities, though the metal remained not far off five-month lows on longer-term concerns about economic growth in China and Europe. Chinese buyers returned to the market on Wednesday after a week-long break, but...

  • LONDON, Oct 8- Copper steadied on Wednesday as the dollar lost momentum yet the metal remained near five-month lows on concerns about economic growth in China and Europe. The International Monetary Fund on Tuesday cut its global growth forecasts for a third time this year while data showed German industrial output in August in its biggest fall since the...

  • *Smelters seek $105- 115/ T, and 10.5- 11.5 cents/ lb TC/RCs. LONDON, Oct 7- European copper smelters are looking to raise raw material processing fees by 20 percent next year, as spot market prices race to 10- month highs on rising supplies and a recovery in output from Indonesia, trading sources said. Large copper smelters around the world are expected to seek as much as...

  • Pan Pacific Copper, Japan's biggest copper smelter and a unit of JX Holdings Inc, said on Monday it was aiming for a 5- percent increase in its refined copper output for the second half of the financial year that ends March 31, 2015. "We expect sound demand for reconstruction in northeastern Japan which was ravaged by the giant earthquake and tsunami, and for...

  • Pan Pacific Copper, Japan's biggest copper smelter and a unit of JX Holdings Inc, said on Monday it was aiming for a 5- percent increase in its refined copper output for the second half of the financial year that ends March 31, 2015. PPC, which exports about 45 percent of its production, also sees firm demand for exports to China and Southeast Asia, he said.

  • SINGAPORE, Oct 6- London copper futures hovered near their weakest in five months on Monday, pressured by a firmer dollar after strong U.S. employment data and persistent worries over the economic outlook for top copper user China. *Recent weak data out of China had also weighed on base metals. *JPMorgan Chase& Co raised $800 million from the sale of its physical...

  • METALS-Copper falls, economic data in focus Thursday, 2 Oct 2014 | 8:37 AM ET

    *Coming up: U.S. durable goods orders at 1400 GMT. LONDON, Oct 2- Copper slipped on Thursday, with prices vulnerable to further pressure from the dollar's recent strength as investors awaited fresh data for further clues on the health of the U.S. economy and the outlook for interest rates. Benchmark copper on the London Metal Exchange traded at $6,652 a tonne in...

  • METALS-Copper steadies as dollar rally stalls Thursday, 2 Oct 2014 | 6:45 AM ET

    *Coming up: ECB's Draghi holds news conference at 1230 GMT. LONDON, Oct 2- Copper held steady on Thursday, up from 3-1/ 2 month lows hit the previous day, as the dollar softened from recent highs, although prices remained vulnerable to dollar strength as investors await further clues on the health of the U.S. economy. Benchmark copper on the London Metal Exchange...

  • Reuters Business News Schedule at 0430 GMT/12.30AM ET Wednesday, 1 Oct 2014 | 12:30 AM ET

    Japan firms fail to shake off tax-hike gloom, blunting economic rebound. TOKYO- Big Japanese manufacturers were slightly more optimistic in the third quarter but service-sector sentiment worsened, a central bank survey shows, adding to signs that a solid economic pickup will remain elusive without another burst of stimulus.

  • JAKARTA, Oct 1- Workers at Freeport-McMoRan Inc's Indonesian unit are blocking access to the mine site, union and company officials said on Wednesday, to protest against the number of fatal accidents at one of the world's biggest copper mines.

  • *Newmont says exports 30,000 T from Indonesia on Monday. JAKARTA/ SYDNEY, Sept 30- Newmont Mining Corp sent out its first copper concentrate shipment from Indonesia this week that ended a nine-month hiatus, highlighting a ramp up in copper mine supply that is expected to tip the market into surplus this year.

  • SYDNEY, Sept 30- London copper was flat but not far off three-month lows on Tuesday ahead of data on growth in China's huge manufacturing sector, and was facing its steepest monthly loss since March on a looming increase in supply.

  • MELBOURNE, Sept 24- London copper climbed away from three-month lows on Wednesday as markets grew more confident over global growth signals, although a looming oversupply of the metal kept its advance in check.

  • MELBOURNE, Sept 24- London copper was stuck near three-month lows on Wednesday as more evidence of brighter economic prospects in the United States failed to overcome jitters over Chinese growth and swelling supply of the metal.

  • LONDON, Sept 10- News that the Philippines was preparing to follow Indonesia in banning exports of unprocessed minerals caused panic in the London nickel market last week. The Philippines has emerged as the main supplier of nickel ore to China's massive nickel pig iron sector after the cessation of exports from Indonesia.

  • Your first trade for Wednesday Tuesday, 9 Sep 2014 | 6:02 PM ET

    The "Fast Money" traders share their final trades of the day.

  • Lightning Round: Freeport, Ensco & more Friday, 5 Sep 2014 | 6:52 PM ET

    Are you ready skeedaddy???!!! It's time for the Lightning Round.

  • The International Copper Study Group's most recent monthly update assessed the global refined copper market as being in a 450,000- tonne deficit in the first five months of the year, or a 308,000- tonne deficit once movements in Shanghai bonded stocks are factored into the equation.

  • --Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, Sept 1- In the high-stakes poker game being played between the Indonesian government and mining companies, it has come as a bit of a surprise that Jakarta appears to be playing the winning hand.

  • METALS-LME copper steadies in low volumes, ECB in focus Thursday, 28 Aug 2014 | 3:43 AM ET

    SYDNEY, Aug 28- Copper steadied in low trade volumes on Thursday as markets awaited fresh signals on whether the European Central Bank would act to shore up a faltering economy that could drag on world growth and metals demand.