Metals Demand Buoyed by Steady Industry & Market Volatility - Research Report on Freeport-McMoRan, Southern Copper, Alcoa,

Metals Demand Buoyed by Steady Industry & Market Volatility - Research Report
       on Freeport-McMoRan, Southern Copper, Alcoa, Yamana and Kinross

PR Newswire

NEW YORK, March 8, 2013

NEW YORK, March 8, 2013 /PRNewswire/ --

Today, Investors Alliance announced new research reports highlighting
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), Southern Copper Corp. (NYSE:
SCCO), Alcoa Inc. (NYSE: AA), Yamana Gold Inc (USA). (NYSE: AUY) and Kinross
Gold Corporation (USA) (NYSE: KGC). Today's readers may access these reports
free of charge - including full price targets, industry analysis and analyst
ratings - via the links below.

Freeport-McMoRan Copper & Gold Inc. Research Report

Freeport-McMoRan, world's largest publicly traded copper company, has
announced a private placement of senior notes in multiple tranches. FCX
intends to use the proceeds from the offering, together with the net proceeds
of its term loan, mainly to fund the Plains Exploration & Production Company
(PXP) and McMoRan Exploration Co. (MMR) acquisitions. The $6.5 billion worth
of senior notes will be in four tranches, consisting of 5, 7, 10, and 30-year
senior notes. These will have an aggregate weighted interest cost of
approximately 3.9% and are expected to settle on March 7, 2013. The Full
Research Report on Freeport-McMoRan Copper & Gold Inc. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/4402_FCX]

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Southern Copper Corp. Research Report

Despite a slump in prices for copper worldwide, Southern Copper still managed
to post good numbers for its 2012 Q4 and fiscal 2012 year, thanks to increase
in sales volumes for copper (7.1%), silver(14.6%) and zinc (3%). The company
also set a copper production record of 200, 070 tons from its Buenavista mine,
as well as a record molybdenum production from the La Caridad mine of 10, 968
tons. Silver and zinc production also posted year-over-year increases of 7.2%
and 7.3% respectively. Commenting on the Southern Copper's results, Mr. German
Larrea, Chairman of the Board, said "Once again the company's

strong financial position and market preference was evidenced by the excellent
terms obtained for our new debt offering. Y2012 was another successful year
for our company. This was achieved despite a 10% lower copper price and lower
prices for our three major by-products. The Buenavista mine, which benefited
from a productive work environment, reached a new production record of 200,070
tons. In Y2012, we invested $1,051.9 million in capital programs. I believe
our commitment to growth will continue to benefit the Company, investors,
neighboring communities and the countries in which we operate." The Full
Research Report on Southern Copper Corp. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.investors-alliance.com/r/full_research_report/0f8d_SCCO]

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Alcoa Inc. Research Report

For the second year in a row, Fortune magazine has named Alcoa as the most
admired metals company in the world. The company also received top ranks in
seven of the nine key attributes: innovation, social responsibility, people
management, use of corporate assets, quality of management, financial
soundness, and long-term investment. "It is extremely gratifying to be ranked
the most admired metals company again," said Alcoa Chairman and CEO Klaus
Kleinfeld. "Today, as Alcoa observes its 125th anniversary, the key to our
success remains the dedication of our employees to Alcoa's values and to the
relentless pursuit of excellence." The company has also recently given more
than $40 million and 800, 000 of volunteerism to the community, and projects
and partnerships with non-government and non-profit organizations around the
world. The Full Research Report on Alcoa Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at:
[http://www.investors-alliance.com/r/full_research_report/98df_AA]

--

Yamana Gold Inc. (USA) Research Report

Another year of mineral reserve and mineral resource increases is what Yamana
can be proud of. Total gold equivalent mineral reserves increased to 19.3
million ounces, a 4% increase from 2011, with a 3% increase in grade. Yamana
has also increased gold equivalent mineral reserves for 3 consecutive years at
its El Peñon, Chile site, building on a long track record of replacing and
increasing mineral reserves at the operation. Last year, the focus was on
converting, upgrading and increasing mineral resources on which mineral
reserve tonnage went up by 14% , which now includes a portion of the Pampa
Augusta Victoria ("PAV") vein system which is 'open pittable' as it is near
surface and is easily accessible . The 2013 exploration program at El Peñon
will focus on the extension of PAV and areas within the North Block as well as
new discoveries; Dorada Sur and Dorada Oeste, Fortuna Este, and Bonanza West.
This effort is expected to result in continued increases in mineral resources
in 2013 and a target to develop the new discoveries into minable mineral
reserves in the near term. The Full Research Report on Yamana Gold Inc. (USA)
- including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/ea0e_AUY]

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Kinross Gold Corporation (USA) Research Report

Kinross strikes up solid figures as the company exceeds full-year production
forecast and meets full-year cost of sales forecast as well. Production
reached 2,617,813 Au eq. oz., exceeding guidance, compared with 2,543,790 Au
eq. oz. for full-year 2011 while full-year revenue reached $4,311.4 million,
compared with $3,842.5 million for 2011. "As promised, we remained strongly
focused on operational fundamentals in the second half of 2012, and finished
the year by exceeding our full-year production guidance, and meeting our
full-year cost of sales guidance. While we recorded a non-cash impairment
charge related to our Tasiast project, our pre-feasibility study work and
recent exploration results continue to increase our confidence in Tasiast's
potential, and confirm its importance as part of our long-term future," said
J.Paul Rollinson, CEO. Kinross expects to produce approximately 2.4-2.6
million gold equivalent ounces in 2013 at a production cost of sales per gold
equivalent ounce of $740-790. Total capital expenditures are forecast to be
approximately $1.6 billion, a reduction of approximately $325 million compared
with 2012. Meanwhile, the Tasiast pre-feasibility study remains on schedule
for expected completion in Q1 2013. Dvoinoye remains on schedule for expected
delivery of first ore to the Kupol mill in the second half of the year. The
Full Research Report on Kinross Gold Corporation (USA) - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/9cf0_KGC]

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SOURCE Investors-Alliance
 
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