Molydenum Mining News

S&P lowers Freeport McMoran’s stocks in wake of earnings report

Equity research analysts at Standard and Poor's (S&P) lowered Freeport McMoRan Copper & Gold (NYSE:FCX) shares from “buy” to “hold.”

Grupo Mexico profit jumps 35% on higher production

Major copper producer Grupo Mexico reported a 35% jump in first-quarter profit, helped in part by higher mine production numbers.