Commodities Stock Updates (FCX, TGB, Alcoa Inc., NOR)

Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) jumped 2.68% to $93.62 and made a new 52-week high of $94.36 as price of Copper jumped over 1% to its 26-month high. Copper is just less than 7% from its record highs.

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Over the past oen year, shares of FCX have jumped 34.50%. The stock has a 52-week range of $56.71-$94.36.

Freeport-McMoRan Copper & Gold Inc. (FCX), through its wholly owned subsidiary, Phelps Dodge Corporation (Phelps Dodge) is a copper, gold and molybdenum mining company.

Taseko Mines Limited (USA) (AMEX:TGB) climbed 6.40% to $6.01 on hefty volume of 4.62 million shares , compared to its average volume of 1.79 million shares.

Earlier this week, the stock was upgraded anaccord Genuity from "Hold" to "Buy," based on the projection the price of copper will increase.

Taseko Mines Limited (Taseko) is a Canada-based company. As of December 31, 2009, the Company's principal business activities related to the operations of the Gibraltar Copper Mine.

Alcoa Inc. (NYSE:AA) jumped 1.905 to $12.37 with over 27.95 million shares, compared to its average volume of 25.09 million shares.

The company is scheduled to report its earnings on October 07, 2010. Analysts’ consensus for AA is earnings of $0.07 per share on sales of $4.9 billion.

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Alcoa Inc. (Alcoa) is engaged in the production and management of primary aluminum, fabricated aluminum, and alumina combined.

Among the small cap, Noranda Aluminum Holding Corporation (NYSE:NOR) jumped 4.04% to $8.75 on higher than the average volume. More than 331K shares traded, compared to its average volume of 104K shares.

Noranda Aluminum Holding Corporation (Noranda HoldCo) is a North American integrated producer of aluminum products and rolled aluminum coils. The Company has two businesses:

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