Freeport-McMoRan Stock Discussion

Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
•Base metals: Copper prices decline by 2.1% in a week
•Energy metals: Nickel prices drop by 3.4%
•Precious metals: Gold prices exhibite stability
•Bulk commodities: Iron ore prices fall by 2.3% in one week
Spot Price Snapshot
Key Price Moves
Since July, copper prices have persistently fallen, at one p...

Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
•Base metals: Copper prices rebound by 3.5% in a week
•Energy metals: Nickel prices stabilize and surpass $17,000 per ton
•Precious metals: Gold and silver prices rise by 2.1% and 4.1% respectively last week
•Bulk commodity: Thermal coal prices up by 1.4% to $134 per ton
Spot ...

Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
•Base metals: Copper prices rebound by 3.5% in a week
•Energy metals: Nickel prices stabilize and surpass $17,000 per ton
•Precious metals: Gold and silver prices rise by 2.1% and 4.1% respectively last week
•Bulk commodity: Thermal coal prices up by 1.4% to $134 per ton
Spot ...

Copper market balance under pressure: We've seen more supply disappointments and disruptions in recent months.
- Production at Codelco, the world's top supplier of the red metal, fell 10.1% to 107,300 metric tons in March.
- There was another strike at MMG's large Las Bambas copper mine, one of the largest copper mines in South America.
- Glencore's copper production fell another 2% last quarter and has been declining for more than 4 years.
- Copper production at Antofagasta, a major copper mine...

Outperforming mining and energy stocks are set for further gains as a constructive backdrop for commodity prices and demand is set to support earnings.
Basic resources and energy shares have outpaced the benchmark over the past three months, despite May’s drop in crude prices. Wall Street continues to be bullish on mining and energy stocks, believing that the shareholder payouts and a wide discount to the mar...