|Bid||4.690 x 0|
|Ask||4.700 x 0|
|Day's Range||4.600 - 4.730|
|52 Week Range||1.740 - 5.360|
|PE Ratio (TTM)||70.49|
|Forward Dividend & Yield||0.04 (0.81%)|
|1y Target Est||6.55|
Nov 17 (Reuters) - China Molybdenum Co Ltd * Says unit plans to set up natural resources investment fund worth $1.0 billion with New China Capital Legend Ltd Source text in Chinese: http://bit.ly/2hzJQga ...
Ask most mining chief executives and investors which metal will perform best in the future and very often copper will come up. The reason primarily relates to supply. Relative to how much of it we use, ...
CMOC International, which operates metal and molybedenum mines in Brazil, Australia and the Democratic Republic of Congo, has landed its headquarters in Phoenix. CMOC is locating 100 corporate employees at a 25,000-square-foot office on Central Avenue in midtown Phoenix. CMOC International is an arm of China Molybdenum Co Ltd. or CMOC, which has a $20 billion market capitalization.
Freeport-McMoRan Inc, the world's biggest publicly traded copper miner, and China Molybdenum Co Ltd (CMOC) have agreed to terminate discussions on CMOC's acquisition of Freeport's cobalt assets, Freeport said on Wednesday. China Moly had an exclusive right to negotiate for the assets, which includes the Kokkola Cobalt Refinery in Finland and the Kisanfu exploration project in the Democratic Republic of Congo, but that exclusivity period expired Feb. 28, said a Freeport spokesman. In May, China Moly agreed to pay $2.65 billion for Freeport's stake in the Tenke Fungurume mine in the southern Congolese copper belt.
Freeport-McMoRan Inc paid $33 million to resolve claims brought against it by Congo state miner Gecamines over the sale of its majority stake in the Tenke copper mine to China Molybdenum Co Ltd (CMOC), it said in a statement. The settlement, revealed in the company's fourth quarter 2016 earnings statement, ends actions including a complaint before the International Chamber of Commerce, Freeport-McMoRan said. CMOC purchased the 56 percent stake in May for $2.65 billion.
The Congolese government has dropped objections to Freeport-McMoRan Inc. and Lundin Mining Corp.’s $3.8 billion combined sales of one of the country’s biggest mines to Chinese companies, bringing an end ...