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2008-07-22 09:00:55

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX): HIGHLIGHTS -- Net income applicable to common stock for second-quarter 2008 totaled $947 million, $2.25 per share, compared with $1.1 billion, $2.62 per share, for second-quarter 2007. Net income applicable to common stock for the first six months of 2008 totaled $2.1 billion, $4.89 per share, compared with $1.6 billion, $4.80 per share, for the first six months of 2007. -- Consolidated sales from mines for second-quarter...

2008-07-22 09:00:55

Lundin Mining Corporation (TSX: LUN)(NYSE: LMC)(OMX: LUMI) ("Lundin Mining" or the "Company") is pleased to provide an update on the Tenke Fungurume Copper/Cobalt Project, in Katanga Province, Democratic Republic of Congo. Lundin Mining holds a 24.75% interest in Tenke Fungurume. The project is under construction by operating partner Freeport-McMoRan Copper & Gold Inc. ("Freeport"). Upon completion of this first phase of Tenke development, the mine is expected to produce approximately...

2008-07-21 15:00:49

By JOE CARROLL Rising demand from various industries boosts the commodity's price. McMoRan Exploration Co., a major driller in the deepwater Gulf of Mexico, may revive a sulfur-mining business abandoned eight years ago in those waters as rising demand boosts prices. New Orleans-based McMoRan quit mining sulfur from its offshore mines in the Gulf of Mexico in 2000 after prices fell to $30 a ton. Demand from fertilizer makers, chemical producers and the copper- mining industry has now...

2008-07-18 09:00:53

By Christian Palmer The state's massive copper industry had an estimated total impact of $6.8 billion to Arizona's economy in 2007, including $385 million in revenues for state and local governments, according to a report by the Western Economic Analysis Center. Another mining expert estimates copper's economic impact to be considerably higher. Last year, three major copper producers and a handful of smaller companies pulled about 814,000 tons of the metal -- roughly 62 percent of all...

2008-07-18 09:00:53

By Tom Gibbons The main driver behind the price increase for metals is increasing demand in emerging economies in the world. Even as the U.S. economy slows, demand for commodities remains strong worldwide. "Commodities offer an opportunity that's non-correlating to the stock market," says Mike Bowen of WealthTrust Arizona in Scottsdale. In early July, the Dow Jones Industrial Average entered bear territory--indicated by the index falling 20 percent below its recent high. The stock...

2008-07-17 09:01:11

McMoRan Exploration Co. (NYSE: MMR): HIGHLIGHTS -- Net income for second-quarter 2008 of $60.3 million, $0.75 per fully diluted share, compared with a net loss of $6.5 million, $0.23 per share, in the second quarter of 2007. Second quarter 2008 results included a mark-to-market unrealized loss of $43.2 million, $0.49 per fully diluted share, on open oil and gas derivative contracts. -- Daily production for second-quarter 2008 averaged 294 million cubic feet of natural gas...

2008-07-01 12:00:49

BullMarket.com (http://www.bullmarket.com), an online investment newsletter focused on long-term growth and income-generating stocks, announced today that it has provided subscribers with reports on copper stocks, including Freeport McMoRan(NYSE: FCX), Southern Copper(NYSE: PCU), Encore Wire(Nasdaq: WIRE), and Madeco S.A.(NYSE: MAD), among others. All paid and trial subscribers to BullMarket.com can now receive immediate access to the newsletter's exclusive daily reports. As a...

2008-06-27 09:02:54

By GABRIELA RICO Sumitomo Corp. of America swaps loan for right to buy stake in project The subsidiary of one of Japan's biggest industrial corporations has thrown its support behind the proposed Rosemont mine near Tucson. Sumitomo Corp. of America - which already has existing investments in Arizona copper mines - has loaned Augusta Resources Corp. $40 million in exchange for the right to negotiate a minority ownership interest in the Rosemont project, Gil Clausen, Augusta's president...

2008-06-23 03:00:26

By Bahr, Emilie The end of 2007 marked a turning point for McMoRan Exploration Co. The New Orleans-based energy company ended a two-year earnings skid with a solid fourth quarter and reported profits for the first quarter of 2008. Company officials and analysts pin the positive results on the acquisition of new producing properties last year, strong drilling results and high commodity prices. Despite a net loss of $63.9 million for the year, McMoRan reported net income of $9.7 million...

2008-01-22 12:00:34

General Moly, Inc. (AMEX:GMO) announced that the Company and M3 Engineering & Technology Corporation (M3) have entered into a contractual agreement for the engineering, procurement and construction management (EPCM) of the Mt. Hope molybdenum project. M3 completed the Company's Bankable Feasibility Study of Mt. Hope in August 2007, and has subsequently continued to advance engineering of the project pending this EPCM agreement. M3 Engineering & Technology Corporation is a...


Latest Western New Guinea Reference Libraries

40_93f6d39bef39fec2234d2be062ef6c17
2007-12-27 10:11:13

Southern Tailed Birdwing (Ornithoptera meridionalis), is the smallest species of butterfly in its genus. It is found in southern Papua New Guinea and in several areas along the south coast of Irian Jaya. It is strictly a lowland species, favouring primary rainforest. A very few specimens have also been collected at altitude in Irian Jaya, however these specimens were reared from immature stages and emerged crippled, suggesting that high altitude forests are not favoured habitats. Males...

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Word of the Day
callithump
  • A somewhat riotous parade, accompanied with the blowing of tin horns, and other discordant noises; also, a burlesque serenade; a charivari.
'Callithump' is a back-formation of 'callithumpian,' a 'fanciful formation' according to the Oxford English Dictionary. However, the English Dialect Dictionary, says 'Gallithumpians' is a Dorset and Devon word from the 1790s that refers to 'a society of radical social reformers' or 'noisy disturbers of elections and meetings.'
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