Technical Analysis on Freeport-McMoRan Copper & Gold Inc. and

Technical Analysis on Freeport-McMoRan Copper & Gold Inc. and
Southern Copper Corp. - Cloudy Future for Copper 
NEW YORK, NY -- (Marketwire) -- 10/31/12 --  Higher production costs,
mining disruptions and soft pricing are all weighing on the
bottom-line of copper producers. Still, some miners improved
production in the quarter and could be well positioned to capitalize
under more favorable pricing conditions. has initiated
technical analysis on Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX)
and Southern Copper Corporation (NYSE: SCCO) which serves the Copper
industry. These reports are free upon registration. Rest assured that
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Southern Copper Co., for example, improved third quarter production
by 3% but net profit still sank 67%. This is not as discouraging as
it looks though. Much of the profit declines can be attributed to
higher legal fees. Assuming legal fees decline and production
increases, the next quarter could look drastically different.
Investors looking for technical analysis on Southern Copper
Corporation are encouraged to use the link below  
The future is a little cloudier for miners like Freeport-McMoRan
Copper & Gold Inc. Higher production costs will be a major concern
moving forward but its efforts to up exploration and expand
operations does offer some upside. Avoiding costly labor strikes will
also be key. An uptick in copper pricing could definitely help
improve margins. Read our technical analysis on Freeport-McMoRan
Copper & Gold Inc. by clicking on  
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