|Bid||21.11 x 0|
|Ask||21.20 x 0|
|Day's range||21.14 - 21.53|
|52-week range||9.69 - 22.00|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.00 (0.00%)|
|1y target est||N/A|
** Goldman Sachs raises its view on European miners to "attractive" from "neutral", says the sector is on its strongest footing in many years ** The commodity outlook is robust, notes ...
In the previous part of this series, we looked at Freeport-McMoRan’s (FCX) capital allocation strategy. Southern Copper is in the middle of a multi-year growth plan, and it expects its copper production to rise to 1.5 million tons by 2025. To put that figure in perspective, consider that the company produced 877,000 metric tons of copper last year and expects its copper production to rise 6% year-over-year to 931,000 metric tons this year.
The Vancouver, British Columbia-based company said it had a loss of 17 cents per share. Earnings, adjusted for non-recurring costs and asset impairment costs, were 23 cents per share. The metal and minerals ...
Freeport-McMoRan (FCX) suspended its annual dividend program in 2015 amid falling commodity prices. Glencore (GLEN-L) also suspended its dividend, while Teck Resources (TECK) lowered its dividend. Since commodity prices have bounced back sharply from their 1Q16 lows, several miners have taken a more generous view of their dividend policy.
Franco-Nevada's (FNV) fully-owned subsidiary, FNB, is set to acquire an additional precious metals stream on Cobre Panama project from Korea Resources for $178 million.
Freeport-McMoRan’s 2018 Outlook: Can It Continue Its Dream Run? Freeport-McMoRan (FCX) rose 43.7% last year. In the previous parts of this series, we looked at some factors that could impact Freeport in 2018.
TORONTO, Dec (Shanghai: 600875.SS - news) 21 (Reuters) - Northern Dynasty Minerals (Frankfurt: 906169 - news) will apply for federal and state permits on Dec. 22 for its Pebble mine in Alaska, the Canadian company said on Thursday, sending its shares up 7 percent. The mine, the world's biggest undeveloped gold and copper project, has drawn opposition from environmentalists, some native groups and sport fishermen because it is located in Alaska's Bristol Bay region, the world's largest sockeye salmon fishery. Led by Trump administration appointee Scott Pruitt, the U.S. Environmental Protection Agency opened the path to permitting by agreeing in May to settle lawsuits and other issues.
VANCOUVER/BENGALURU, Dec (Shanghai: 600875.SS - news) 18 (Reuters) - Northern Dynasty Minerals said on Monday it had found a potential partner to help develop its Pebble mine in Alaska, breathing new life into the world's biggest undeveloped gold and copper project in the face of strong opposition from environmentalists. Northern Dynasty, a small Canadian mine developer, said First Quantum Minerals (LSE: 0P6E.L - news) , the world's eighth-biggest copper producer, had agreed to acquire an option to buy a 50 percent stake in the project for $1.50 billion. U.S.-listed shares of Northern Dynasty, which have surged 42 percent in the past six months, fell 8 percent to $1.97.