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Stock Market & Financial Investment News

News Breaks
November 13, 2012
05:55 EDTNEM, NEM, MOS, MOS, AGU, AGU, MUX, MUX, TC, TC, GMO, GMO, GGC, GGC, MEOH, MEOH, PVG, PVG, NG, NG, FCX, FCXDahlman Rose to host a conference
3rd Annual Metals & Mining Conference is being held in New York on November 13-14.
News For NEM;NG;PVG;MEOH;GGC;GMO;TC;MUX;AGU;MOS;FCX From The Last 14 Days
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May 21, 2013
08:28 EDTFCXPlains Exploration announces special $3.00 dividend
The dividend is payable to stockholders as of May 30. The dividend is conditioned upon and will be paid immediately prior to or upon the competition of PXP's merger with Freeport-McMoRan (FCX). The merger is expected to close on May 31, subject to the satisfaction of all conditions to closing.
07:55 EDTFCXFreeport McMoRan revised offer should secure merger vote, says Cowen
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07:00 EDTFCXFreeport McMoRan added to short-term buy list at Deutsche Bank
May 20, 2013
14:15 EDTFCXPlains shareholders approve Freeport-McMoRan acquisition
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09:42 EDTFCXPaulson & Co. issues statement regarding Freeport-Plains merger
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08:04 EDTAGUBofA/Merrill's U.S. chemicals analyst holds an analyst/industry conference call
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07:41 EDTFCXFreeport says to declare $1.00/share supplemental dividend after Plains deal
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07:41 EDTFCXFreeport says plans $1.5B in assets sales after Plains, McMoRan transactions
07:40 EDTFCXFreeport says to declare $1.00/share supplemental dividend after Plains deal
07:35 EDTFCXPlains Exploration declares special $3.00 per share dividend
Plains Exploration (PXP) announced that it has received the approval of Freeport-McMoRan Copper & Gold (FCX) under the merger agreement between the companies for PXP's Board of Directors to declare a special one-time cash dividend of $3.00 per share. Upon receipt of bank waivers under a credit facility that will terminate in connection with the merger, PXP's Board of Directors intends to declare the dividend to PXP stockholders as of May 30, the expected dividend record date. The dividend will be conditioned upon and paid immediately prior to the completion of PXP's merger with Freeport-McMoRan Copper & Gold.
May 19, 2013
13:37 EDTFCXDeath toll mounts at Freeport's Grasberg mine, Bloomberg reports
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May 16, 2013
08:50 EDTNEMWorld Gold Council says gold jewelery demand up, total gold demand down in Q1
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08:12 EDTFCXFreeport, Plains Exploration announce preliminary results of merger election
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08:11 EDTMUXMcEwen Mining plans to expand production at El Gallo 1 Mine in Mexico
McEwen Mining announced that the company will be expanding the El Gallo 1 Mine in Sinaloa, Mexico. The company expects this expansion will significantly increase gold production for a small amount of capital. El Gallo 1 mine to be increased from 3,000 to approximately 4,500 tonnes of ore per day. This, along with improvements in ore grade, would increase gold production from an estimated 27,300 ounces in 2013 to approximately 37,500 ounces in 2014 and 75,000 ounces in 2015. Initial capital cost estimated at approximately $5M. No need for debt or equity financing. Growth to be financed internally. El Gallo 2 Alternative: Evaluating potential to ship ore from El Gallo 2 to El Gallo 1, using current heap leaching facilities. Review will focus on silver recoveries -- early column tests returned between 45-62% silver -- and crushing/processing costs. If successful, this would eliminate approximately $170M in CapEx.
May 15, 2013
17:18 EDTFCXBP Capital gives quarterly update on stakes
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08:37 EDTGMOGeneral Moly, Hanlong Mining mutually agree to terminate loan agreement
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07:31 EDTAGU, MOSBMO Capital to host a conference
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May 14, 2013
13:10 EDTMOSMosaic would resume potash expansion if BHP cancels Jansen project, Reuters says
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11:32 EDTGMOGeneral Moly management to meet with BB&T
Meetings to be held in Dallas on May 15 and in Houston on May 16 hosted by BB&T.
07:29 EDTFCXBofA/Merrill to host a conference
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