Freeport-McMoRan reported a third-quarter profit that exceeded expectations, driven by rising copper prices. Grupo Mexico also saw an 18% increase in net profit for the same quarter, attributed to the same market conditions. Baker Hughes posted quarterly earnings that beat profit estimates, with an earnings per share (EPS) of $0.67, surpassing the expected $0.61. However, its revenue of $6.91 billion fell short of the forecasted $7.24 billion. The company reported an operating income of $930 million, aligning closely with estimates. Additionally, Southern Copper reported a revenue of $2.93 billion, a 16.96% year-over-year increase, and an EPS of $1.15, beating expectations by $0.06. Baker Hughes anticipates higher margins due to a strong order backlog and growth in liquefied natural gas (LNG) demand, with shares climbing 3.5% following the earnings report. Teck Resources also exceeded profit forecasts in Q3, benefiting from increased copper output.