Copper was trading on the COMEX at under US$4 per pound at the beginning of 2024, but by May 21, the red metal's price had surged to a record high of US$5.11 per pound. Price momentum at the start ...
McMoRan beat fourth-quarter profit estimates on Thursday, as higher copper prices helped offset the impact of lower ...
(Reuters) -Copper miner Freeport-McMoRan posted a drop in fourth-quarter production on Thursday and said that its costs would ...
Freeport-McMoRan (FCX – Research Report), the Basic Materials sector company, was revisited by a Wall Street analyst yesterday. Analyst Lawson ...
Copper futures prices at COMEX climbed for the fourth consecutive trading day to $4.29 (€4.17)per pound at 5:10 am ECT on Thursday, the highest level since 11 December. Copper's price rally ...
To signal recovery from post-2022 deflation trends, the major commodities need to stay above threshold levels.
New York futures were up about 1% at $4.065 a pound as the US trading ... from losses that earlier took prices close to the psychological support level of $4. Copper also rose on the London ...
(Reuters) -Miner Freeport-McMoRan beat fourth-quarter profit estimates on Thursday, helped by higher copper prices. Average copper prices rose in the fourth quarter, helped by signs of more stimulus ...
Teck Resources expects increased copper production and decreased costs in 2025, following a successful 2024 performance.
In Q4, Freeport's average realized copper price rose 9% to $4.15 per pound, but copper production declined approximately 5% YoY to 1.04 billion pounds. The company expects copper sales in 2025 to ...