Freeport-McMoRan Statement Regarding Icahn Filing ‘Welcomes Constructive Input’
Freeport-McMoRan Inc. (NYSE: FCX) has issued a statement in response to news late Thursday that activist investor Carl Icahn disclosed an 8.5% stake in the company in a filing with the U.S.
Read moreOvervalued Equities Causing Volatility? I Think Not – Capital Economics
Are equities too overvalued, and is that causing weakness in the overall financial system? According to analysts at Capital Economics, the answer is no.
Read moreGold Firmer As Risk Aversion Upticks Friday
Gold prices are modestly higher in early U.S. trading Friday, supported on some safe-haven buying amid a somewhat more skeptical market place heading into the last weekend of August.
Read moreRisk Aversion Upticks A Bit Friday
Gold prices are firmer in early U.S. trading, on some Short covering and safe-haven demand as there is a Bit more risk aversion in the market place on this last day of the Trading week.
Read moreThe 6PM Recap With Gary Wagner: Everything That Comes Down Must Go Up?
Turning the old adage on its head, equities indices across the globe are pulsing with new life and – dare we say? – optimism. Was the deep correctional dive and equally steep return of stocks really necessary?
Comex Gold Futures Remain Within Narrow Trading Range Amid Cross-Currents
Gold futures were largely steady Thursday, trading in their narrowest range since Sept. 17, with traders and analysts citing a number of factors both helping and hurting the metal.
Read moreFreeport McMoRan To Reduce U.S. Mining Workforce By 10% As Part Of Spending Cuts
Freeport-McMoRan Inc. (NYSE: FCX) is cutting operating and capital expenses in response to the declining price of copper, with the moves resulting in a 10% reduction of its U.S.
Read moreGoldcorp To Buy New Gold Share Of El Morro Project, Forms Joint Venture With Teck Resources
(Kitco News) – Goldcorp Inc. (TSX: G, NYSE: GG) has entered into an agreement to purchase New Gold Inc.’s (TSX, NYSE: NGD) 30% interest in the El Morro copper-gold project in Chile, the companies reported Thursday.
Royal Canadian Mint Sees Lower Profits In Q2
Photo caption: Image Courtesy of the Royal Canadian Mint: The RCM has created only 10 one-kilogram pure gold coins as part of its Looney Toons collection.
Read moreComex Gold Steadies On Ideas Fed May Push Back Tightening Of Rates
Gold futures have stabilized after early weakness, oscillating on both sides of unchanged late Thursday morning.
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