Articles related to Freeport McMoran
 
Oilprice.com - oilprice.com
5 Record Breaking Gemstones Even Billionaires Can’t Buy
As Elizabeth Taylor once said: “I adore wearing gems, but not because they are mine. You can't possess radiance, you can only admire it.” It’s a good philosophy, because when it comes to the world’s biggest, rarest and most extraordinary gemstone discoveries, no one—not even billionaire President Donald Trump—could afford the possession. We’re not talking about the average diamond engagement ring that sets you back $4,000 and was probably grown in a lab. And we’re not talking about the $3,000 ru
Thursday, February 22, 2018
The Gold Report
Turnarounds Coming at Three Resource Companies
Adrian Day of Adrian Day Asset Management provides updates on three resource companies with recent developments, one of which he deems a good buy now.  Wheaton Precious Metals Corp. (WPM:TSX; WPM:NYSE, 21.90) has agreed to a revised stream arrangement on the San Dimas mine, as the near-bankrupt operator, Primero Mining Corp. (P:TSX; PPP:NYSE), is acquired by First Majestic Silver Corp. (FR:TSX; AG:NYSE; FMV:FSE). Wheaton will now receive a lower stream
Saturday, January 20, 2018
Michael Ballanger
2018: The Year of Living Dangerously
There is one redeeming benefit to writing "forecasts": they invariably and inevitably reduce you to a quivering mass of humility as the hubris born of luck and circumstance is replaced with the reality of randomness. I have been reading research reports for years and the most useful portions are those where an analyst goes back and reviews his/her reasons for owning something, and then a year later explains why it was flawed. Interestingly, it is uncanny how random events otherwise known as "b
Thursday, January 4, 2018
Steve St Angelo - SRSRocco Report
EXAMINING SILVER MANIPULATION: What Some Analysts Miss
One of the major topics discussed in the precious metals community is the manipulation of the gold and silver prices by the large bullion banks.  Many precious metals analysts point to the massive commercial short positions held by JP Morgan and Scotiabank as the root cause for the low silver price.  While I agree that the bullion banks’ massive short contracts are controlling the silver price to a certain degree, there’s another factor that is overlooked by the majority of precious metals analy
Sunday, November 26, 2017
Chris Powell - GATA
Indonesian president urges action on Freeport mine deal
JAKARTA, Indonesia -- Indonesian President Joko Widodo called for faster progress to wrap up a deal with Freeport-McMoRan Inc. on rights to the giant Grasberg copper mine, which the U.S. firm owns, officials said today. The chief executive of the world's biggest publicly traded copper company -- which under a framework deal in August agreed to divest 51 percent of the mine -- held talks with officials in Jakarta earlier in the day. The deal is intended to replace an existing contract with a "spe
Tuesday, October 10, 2017
Jason Hamlin - Gold Stock Bull
Ponzi Finance and Gold Stocks
September News Recap: THE FEDERAL RESERVE met and talked. The unofficial statement issued after their meeting was, “Yada, Yada, Yada.” Their statement was translated by an obscure web site, link unavailable, which interpreted their statement as: “The Federal Reserve along with other important central banks and G-20 nations have created a pyramid of debt. This debt is ever-increasing and will be repaid by issuing new debt. Example:  Issue $2 trillion in new debt to repay $1.5 trillion in old debt
Thursday, September 28, 2017
Chris Powell - GATA
Freeport makes compromise to end years of wrangling over Indonesian mining rights
JAKARTA, Indonesia -- Indonesia has reached a deal to let Freeport-McMoRan Inc. keep operating its giant Grasberg copper mine, after the U.S. company agreed to sell a majority stake to the government following years of wrangling. Freeport said today it had made a "major concession and compromise" in agreeing to sell a 51 percent stake and to build a second smelter in Indonesia. The company said the deal would be structured in a way that Freeport would retain control over the operations and gover
Wednesday, August 30, 2017
Graham Summer - Gains Pains & Capital
Doc Copper breaking out again, gains are piling up!
Ole Doc Copper has struggled since 2011, as it created a series of lower highs. Over the past 90-days, Doc Copper has experienced some impressive upside action. Below looks at Doc Copper Futures over the past 4-years- CLICK ON CHART TO ENLARGE Doc Copper created a series of lower highs below line (1) over the past few years. Earlier this year it hit falling resistance again and backed off. Over the past 6-weeks, Copper has witnessed some bullish price action it hasn’t in the past few years, whi
Wednesday, August 16, 2017
The Energy Report
Don't WaverHard Asset Bull Market Still Intact
The severity of the commodities bear market from 2011–2015 makes Matt Geiger, managing partner at MJG Capital, confident that the current hard asset bull market will last into 2019 and quite possibly longer. In this interview with The Gold Report, Geiger discusses commodities he is especially keen on right now and several companies that he expects to perform well. The Gold Report: Your firm, MJG Capital, invests exclusively in natural resources. What is
Thursday, May 18, 2017
Chris Powell - GATA
Showdown in Indonesia brings world's biggest gold mine to standstill
JAKARTA, Indonesia -- The American mining company Freeport-McMoRan has brought the world's biggest gold mine, in the Indonesian province of West Papua, to a standstill. The corporation is butting heads with the Indonesian government over protectionist mining regulations. And now that Freeport has started to dismiss tens of thousands of workers, the local economy is poised to take a huge hit. In Mimika Regency, the West Papua province containing the Grasberg gold mine, 91 percent of the Gross Dom
Wednesday, March 1, 2017
The Gold Report
Jack Chan's Weekly Gold and Silver Update
Technical analyst Jack Chan charts the latest moves in the gold and silver sectors. Our proprietary cycle indicator is up. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The gold sector is on a short-term sell signal. Short-term signals can last for days and weeks, and are more suitable for traders. Insert chan fcx We are long FCX from 10.64, holdi
Saturday, February 25, 2017
The Gold Report
Jack Chan's Weekly Gold and Silver Update
Technical analyst Jack Chan charts the latest moves in the precious metals sector. Our proprietary cycle indicator is up. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The gold sector is on a short-term buy signal. Short-term signals can last for days and weeks, and are more suitable for traders. We are long FCX from 10.64, holding for long-term
Sunday, February 19, 2017
Bullion Vault
Gold Mining Stocks Rally with Silver as US Inflation, Weak Euro GDP + 'Supply Plateau' See MA Boom
GOLD MINING stocks rose with bullion prices in London trade Tuesday, gaining as the 19-nation Eurozone reported weaker-than-forecast GDP growth but the United States' latest inflation data beat expectations. Economic growth in the single-currency Eurozone slowed at the end of 2016 to 1.7%, the Eurostat agency said this morning, outpaced by the wider European Union's 1.8% growth. US
Tuesday, February 14, 2017
The Gold Report
Jack Chan's Weekly Update on Gold and Silver
Jack Chan charts both long- and short-term buy signals for gold and silver. Our proprietary cycle indicator is up. Gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. Gold sector is on a short-term buy signal. Short-term signals can last for days and weeks, and are more suitable for traders. FCX - we are long from 10.64, holding for long-term gains.
Monday, February 13, 2017
The Gold Report
Jack Chan: This Past Week in Gold
Technical analyst Jack Chan charts the latest moves in the gold and silver markets. Our proprietary cycle indicator is up. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The gold sector is on a short-term buy signal. Short-term signals can last for days and weeks, and are more suitable for traders. FCX: We are long from 10.
Sunday, February 5, 2017
The Gold Report
Jack Chan: This Past Week in Gold and Silver
Technical analyst Jack Chan charts the latest moves in the gold and silver markets. Our proprietary cycle indicator is up. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The gold sector is on a short-term buy signal. Short-term signals can last for days and weeks, and are more suitable for traders. On FCX, we are long from 10.64, holding for long-
Sunday, January 29, 2017
James West - Midas Letter
  Short Tesla Motors Inc Ivanhoe Mines Ltd CEO Robert Friedland and the Coming Cobalt Cliff
Tesla Motors Inc. (NASDAQ:TSLA) and Robert Friedland’s Ivanhoe Mines Ltd. (TSE:IVN) (OTCMKTS:IVPAF) may have more reasons to talk than Elon Musk will be readily willing to admit. Tesla began production of lithium-ion battery cells at it gigafactory in the Nevada desert earlier this month, and is now reporting that it will also produce electric motors and gearbox components for the model 3 there too. But Tesla isn’t the only one launching gigafactory scale production of lithium ion battery produc
Wednesday, January 18, 2017
Michael Ballanger
Fake News, Farcical Policies, and Phony Markets
I was listening to a news report on CNN yesterday covering this travesty surrounding the impending exit of Barack Obama and wife Michelle from the White House and as the commentator described the sequence of events leading up to the January 20th arrival of Mr. Donald J. Trump, you could detect a sense of melancholy in his voice, a faint
Thursday, January 5, 2017
The Gold Report
Jack Chan: 2016 Year-End Review and Forward Analysis for 2017
Technical analyst Jack Chan looks back on the precious metals and energy markets in 2016, as well as forward into 2017. As always, I provide no predictions or forecasts for the future. As a successful long-term investor, I remain faithful to Warren Buffett’s life-long commitment in investing by observing his two rules. Rule #1 – do not lose moneyRule #2 – do not forget rule #1. Looking back on 2016 Our long-term investment model has switched back to
Tuesday, January 3, 2017
Michael Ballanger
'Twas the Week Before Christmas. . .
"'Tis one week 'til Christmas and all through the Street Brokers are begging for the Donald's next tweet. With benchmarks all causing the advisors such fear They all need a jumpstart to rescue the year." I was sitting in my rustic abode on the shores of lovely Lake Scugog last evening, a houseful of family all revelling beautifully as outsi
Wednesday, December 21, 2016
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