Freeport-McMoRan Inc

TSX Venture Exchange, Dec. 2-6

The S&P/TSX Venture Composite Index lost 2%, or 18.24 points, during the week before closing at 916.65. Markets finished in the red despite rising energy and metals futures, with promising jobs data out of Canada and the U.S. fuelling…



Reservoir’s success in Serbia

Reservoir Minerals (TSXV: RMC; US-OTC: RVRLF) has been attracting attention as it proves up the Timok copper-gold discovery in the Bor district of eastern Serbia. The latest evidence: Scotiabank Mining analyst Mike Hocking has initiated…





Open-pit mining resumes at Grasberg

The Indonesian government has given the go-ahead for Freeport-McMoRan Copper & Gold’s (FCX-N) to resume open-pit mining at its Grasberg complex after suspending operations there following the death of 28 workers in May.


U.S. markets, May 20-24

For the first week since mid-April, U.S. stock indexes were dragged lower — driven down by worries that the Federal Reserve is planning to taper off its stimulus program and nagging concerns about growth in China. The Dow Jones…


UPDATE2: Grasberg tunnel collapse kills 28

Twenty-eight workers have died at Freeport-McMoRan Copper & Gold’s (FCX-N) Grasberg mining complex in Indonesia after the roof of an underground training facility collapsed on May 14. Ten others have been rescued.


U.S. markets, May 13-17

U.S. markets continued their upward march, marking their fourth straight week of gains. The Dow Jones Industrial Average advanced 235.91 points, or 1.56%, to close the week at 15,354.40, while the S&P 500 Index rose 33.77 points, or 2.07%,…




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