SOURCE: StockCall


July 14, 2011 08:53 ET

Equity Research on Southern Copper Corporation and Freeport-McMoRan Copper & Gold Inc. - Taxes and Strikes Hurt Copper Miners

JOHANNESBURG, SOUTH AFRICA--(Marketwire - Jul 14, 2011) - offers investors comprehensive research on the Copper industry and has completed analytical research on Southern Copper Corporation (NYSE: SCCO) and Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX). Register with us today at to have free access to these researches.

Copper miners have been the beneficiaries of improving prices and strong demand, but proposed taxes and labor strikes are causes for concern. Register now at to have free access to our reports on the Copper industry. is an online platform where investors doing their due-diligence on the Copper industry can have easy and free access to our analyst research and opinions on Southern Copper Corporation and Freeport-McMoRan Copper & Gold Inc.; investors and shareholders of these companies can simply register for a complimentary membership at

A proposed mining windfall tax in Peru has slowed investments in the region recently. Southern Copper Corp., the country's biggest copper producer, may be adversely affected if the proposed taxes go into effect. The proposed tax from President-Elect Ollanta Humala is still subject to review and changes though. Southern Copper Corporation research report is accessible for free by registering today at

Labor strikes in Indonesia are also worth tracking for investors. Roughly 8,000 workers at Freeport McMoran Copper and Gold Inc.'s Indonesian operation unexpectedly went on strike July 4th. The employees called for a wage raise from $1.50 to $3 an hour. The company stated that production will not be hurt by the labor stoppage. Workers were expected to return to work on the 13th of July, and Freeport will start negotiations for a new labor agreement. Freeport-McMoRan Copper & Gold Inc. research report is available for free by signing up now at

Overall, despite strong gains in copper pricing, revenues of are being threatened by proposed taxes and labor strikes. Resolution of these issues will be pivotal for the industry moving forward. Visit to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

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