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Stock Market & Financial Investment News

News Breaks
July 7, 2014
06:34 EDTFCX, ABXFreeport McMoRan looks to sell Candelaria copper mine in Chile, WSJ reports
Freeport-McMoRan (FCX) is looking to sell its Candelaria copper mine in Chile, the Wall Street Journal reports. According to sources, an asset sale that could raise several billion dollars, adding that the mine has attracted interest from Margris Resources, a mining-investment vehicle headed by former Barrick Gold (ABX) CEO Aaron Regent. Reference Link
News For FCX;ABX From The Last 14 Days
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October 20, 2014
06:20 EDTFCXFreeport McMoRan upgraded to Neutral from Sell at Citigroup
Citigroup upgraded Freeport McMoRan to Neutral citing the recent pullback in shares. Citi keeps a $31 price target for the stock.
October 13, 2014
13:11 EDTFCXFreeport receives approval to resume open-pit mining in Indonesia, Reuters says
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October 12, 2014
14:07 EDTABXZambia to increase royalties on open-pit mines, WSJ says
The Finance Ministry of Zambia said it plans to more than triple royalties on open-pit copper mines, says the Wall Street Journal. Mining companies with open-pit mines in Zambia include Canada’s Barrick Gold (ABX) and First Quantum Minerals, added the Wall Street Journal. Reference Link

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