International Business News - McMoRan http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Freeport-McMoran Copper & Gold Inc. said Monday it would cut molybdenum production and lay off 14 percent of its work force at a Colorado mine, citing a 60 percent drop in price and slowing global economic conditions. http://www.ibtimes.com/articles/20081110/freeport-mcmoran-cuts-molybdenum-production.htm Mon, 10 Nov 2008 19:16:25 EST Shares of Freeport-McMoRan Copper & Gold Inc., the world's largest publicly traded copper producer, sank to a five-year low Friday as Wall Street and global markets continued to plunge on worries of a widespread economic recession. http://www.ibtimes.com/articles/20081024/miner-freeport-mcmorans-shares-skid.htm Fri, 24 Oct 2008 19:58:55 EDT Independent petroleum producer McMoRan Exploration Co. said Thursday that a major production test had succeeded at one of its largest natural gas discoveries in recent years in the shallow waters of the Gulf of Mexico. http://www.ibtimes.com/articles/20081023/mcmoran-announces-successful-production-test.htm Thu, 23 Oct 2008 15:23:45 EDT RESULTS: Freeport-McMoRan Copper & Gold Inc., which produces copper, gold and molybdenum, reported its profit fell one-third in the third quarter as commodity prices fell and economic conditions remained worrisome. http://www.ibtimes.com/articles/20081021/summary-box-mining-firms-3q-profit-tumble.htm Tue, 21 Oct 2008 13:04:46 EDT Freeport-McMoRan Copper and Gold Inc. on Tuesday reported its profit fell one-third amid a wobbly economy that kept commodity prices lower for much of the third quarter. http://www.ibtimes.com/articles/20081021/freeport-mcmoran-profits-fall-by-nearly-a-third.htm Tue, 21 Oct 2008 18:07:51 EDT McMoRan Exploration Co. on Monday reported it narrowed its third-quarter net loss as a hefty hurricane-related charge was partially offset by a gain on future oil and gas contracts. http://www.ibtimes.com/articles/20081020/mcmoran-exploration-narrows-3rd-quarter-loss.htm Mon, 20 Oct 2008 10:36:18 EDT Freeport-McMoRan Copper & Gold Inc. reports third-quarter earnings on Tuesday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20081017/earnings-preview-freeport-mcmoran-to-report-3q.htm Fri, 17 Oct 2008 13:15:34 EDT Among the premarket stories for Tuesday, Oct. 7, from AP Financial News: NEW YORK (AP)--McMoRan Exploration Co. escaped significant damage from Hurricane Gustav, the company said Tuesday, but Hurricane Ike caused significant structural damage to several platforms. http://www.ibtimes.com/articles/20081007/premarket-roundup-mcmoran-exploration-hospitals.htm Tue, 07 Oct 2008 10:28:56 EDT McMoRan Exploration Co. said Tuesday it expects a $150 million charge to cover damages to several Gulf of Mexico platforms caused by Hurricane Ike. The platforms' output accounts for about 3 percent of production and 2 percent of reserves, the company said. It plans to have insurance cover the costs, but must pay a $50 million deductible. http://www.ibtimes.com/articles/20081007/mcmoran-exploration-sees-150m-in-charges-from-ike.htm Tue, 07 Oct 2008 10:26:36 EDT McMoRan Exploration Co. escaped significant damage from Hurricane Gustav, the company said Tuesday, but Hurricane Ike caused significant structural damage to several platforms. http://www.ibtimes.com/articles/20081007/ahead-of-the-bell-mcmoran-exp-reports-damages.htm Tue, 07 Oct 2008 09:05:14 EDT A Friedman, Billings, Ramsey analyst on Tuesday upgraded shares of Freeport-McMoRan Copper & Gold Inc., saying shares of the mining giant have been oversold. http://www.ibtimes.com/articles/20081007/ahead-of-the-bell-freeport-mcmoran-upgraded.htm Tue, 07 Oct 2008 07:41:01 EDT Among the earnings projection stories for Wednesday, Sept. 10, from AP Financial News: DENVER (AP)--Freeport-McMoRan Copper & Gold Inc. on Wednesday cut its 2008 copper sales outlook by 1.6 percent after a wall slipped at its open pit mine in Indonesia. http://www.ibtimes.com/articles/20080910/outlook-roundup-freeport-mcmoran-copper-gold.htm Wed, 10 Sep 2008 10:51:22 EDT Freeport-McMoRan Copper & Gold Inc. on Wednesday cut its 2008 copper sales outlook by 1.6 percent after a wall slipped at its open pit mine in Indonesia. http://www.ibtimes.com/articles/20080910/freeport-mcmoran-cuts-2008-copper-sales-outlook.htm Wed, 10 Sep 2008 09:49:24 EDT Mining giant Freeport-McMoRan Copper & Gold Inc. reduced its sales estimates Wednesday of copper and gold due to an unspecified failure at subsidiary PT Freeport Indonesia. http://www.ibtimes.com/articles/20080910/freeport-mcmoran-cuts-mining-estimates.htm Wed, 10 Sep 2008 09:31:31 EDT Shares of mining giant Freeport-McMoRan Copper & Gold Inc. fell Friday trading as worried investors pulled money out of the weakening commodities sector. http://www.ibtimes.com/articles/20080905/freeport-mcmoran-shares-dip-as-commodities-weaken.htm Fri, 05 Sep 2008 17:44:14 EDT Shares of Freeport-McMoRan Copper & Gold Inc. rallied Wednesday after copper prices rose earlier in the day. The Phoenix-based company's stock gained $6.39, or 7.5 percent, to $91.09. http://www.ibtimes.com/articles/20080820/freeport-mcmoran-copper-gold-shares-rally.htm Wed, 20 Aug 2008 17:29:27 EDT Shares of global mining company Freeport-McMoRan Copper & Gold Inc. jumped Wednesday morning, even as Wall Street slipped, after an analyst company added the global miner to its top picks list. http://www.ibtimes.com/articles/20080806/freeport-mcmorans-stock-jumps-10-percent.htm Wed, 06 Aug 2008 11:13:22 EDT Shares of Freeport-McMoRan Copper & Gold Inc. dropped 6 percent Tuesday after the global mining company reported its second-quarter income slid 14 percent because of lower sales volume and one-time costs. http://www.ibtimes.com/articles/20080722/freeport-mcmorans-stock-falls-on-2q-results.htm Tue, 22 Jul 2008 16:19:26 EDT RESULTS: Freeport-McMoRan Copper & Gold Inc., which produces copper, gold and molybdenum, reported a 14 percent drop in second-quarter income on lower copper and gold sales and one-time charges. http://www.ibtimes.com/articles/20080722/summary-box-mining-firms-2q-profit-falls-14-pct.htm Tue, 22 Jul 2008 14:35:40 EDT Among the earnings stories for Tuesday, July 22, from AP Financial News: DENVER (AP)--Global mining company Freeport-McMoRan on Tuesday reported a 14 percent drop in second-quarter profit on lower copper and gold sales and one-time costs. http://www.ibtimes.com/articles/20080722/earnings-roundup-freeport-mcmoran-regions.htm Tue, 22 Jul 2008 10:49:10 EDT