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FREEPORT MCMORAN INC
Adani’s $1.2 billion copper smelter caught up in global ore shortageGautam Adani's new $1.2 billion copper smelter in Gujarat is operating at a fraction of its capacity due to a global ore supply shortage. K...- Copper declines on dollar rally despite Grasberg worriesCopper prices have fallen after a strong weekly gain. The US dollar strengthened against the Japanese Yen and Euro. This was driven by poli...
- A trillion-ton threat hangs over critical mineralsMining generates a trillion tons of waste, posing a major obstacle to securing critical minerals. This dross, including unstable tailings, ...
- Hindustan Copper shares rally over 6% on surge in global copper pricesHindustan Copper share price surged sharply after global copper prices spiked due to a production halt at Grasberg, the world’s second-larg...
- Wall St slips on mixed earnings, Fed's rate path in focusUS Treasury yields increased following the survey, leading to the decline of technology and growth stocks, while a slate of Fed speakers th...
- Wall Street closes up on infrastructure gains but Tesla weighsThe Dow Jones Industrial Average rose 104.27 points, or 0.29%, to 36,432.22, the S&P 500 gained 4.17 points, or 0.09%, to 4,701.7 and the N...
- Those vanishing stock dividends should stay that wayFreeport-McMoRan’s shares soared 211 per cent between the last trading day before suspending the payout and Friday, trouncing the 51 per ce...
- World's biggest gold mine grapples with Covid-19While Freeport has halted some global operations due to the pandemic, production has continued at the 14,000 foot (4,267 metre) -high Grasb...
- Copper rebounds on Fed stimulus, supply concernsThree-month copper on the London Metal Exchange (LME) rose 1.7% to $4,709.50 a tonne.
- Zinc breaks through $3,000 barrier as metals rally gathers paceZinc jumped as much as 5.8 per cent to $3,132.50 a ton on the London Metal Exchange.
- Gold steady, ends at Rs 28,955 ahead of Akshaya TritiyaGold prices were little changed, holding near prior session's two-week low.
- Copper futures up on positive global cuesAt MCX, copper for delivery in February next year was trading higher Rs 3 or 0.97 percent to Rs 313.40 per kg with a turnover of 2,116 lots.
- Pre-market: Nifty seen opening flat; TCS eyed ahead of Q3 resultsInvestors will keep a close eye on TCS which is scheduled to report its results for the quarter ended December 31 post market hours today.
- Copper softens in futures trade on overseas cuesCopper futures traded a shade lower at Rs 439.20 per kg as speculators trimmed positions amidst a weak trend in global markets.
- Copper futures up on firm global cuesCopper prices moved up by 0.40 per cent to Rs 410.10 per kg in futures trade today as speculators created fresh positions.
- Copper futures up on global cuesAt the Multi Commodity Exchange, copper for delivery in June traded higher by Rs 2.95 to Rs 419.85 per kg in business turnover of 5,734 lot...
- Copper, lead prices recover on global cues, industrial demandGlobally, copper gained 0.40 per cent to $ 7,349.25 while lead rose 2.2 per cent to $ 2,172 per tonne at the LME.
- Copper futures marginally up on short-coveringAt the Multi Commodity Exchange, copper for delivery in August rose by Re one, or 0.24 per cent, to Rs 417.95 per kg, with a turnover of 20...
- 3 Indian origin men among 25 highest paid globally: FortuneSanjay Jha & Vikram Pandit are among the three who have made it to the Fortune's league of top 25 highest paid men in the world. Biz honcho...
- US employers cut 533K jobs in November, most in 34 yearsThe job reductions were the most since a whopping 602,000 positions were slashed in Dec 1974, when the country was in a severe recession. G...
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