Key Developments: Freeport-McMoRan Inc (FCX.N)

FCX.N on New York Stock Exchange

34.51USD
17 Sep 2014
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Latest Key Developments (Source: Significant Developments)

Freeport-McMoRan Copper & Gold Inc announces name change to Freeport- McMoRan Inc
Sunday, 13 Jul 2014 08:00pm EDT 

Freeport-McMoRan Copper & Gold Inc:Effective July 14, the company Freeport-McMoRan Copper & Gold Inc. decided on a name change to Freeport- McMoRan Inc.Accordingly, effective July 14, the name of the Eurex Single Stock Futures contract (FCXG) on shares of the company will change as well.Product code as well as product ISIN and ISIN of the underlying will remain unchanged.  Full Article

Freeport-McMoRan Copper & Gold Inc's subsidiary completes acquisition Apache Corporation’s interests in Deepwater Gulf of Mexico
Sunday, 29 Jun 2014 08:00pm EDT 

Freeport-McMoRan Copper & Gold Inc:Says its oil and gas subsidiary, Freeport-McMoRan Oil & Gas has completed previously announced acquisition of certain of Apache Corporation’s interests in the Deepwater Gulf of Mexico.FM O&G acquired for $919 mln, 51.2 pct of Apache's 11.7 pct working interest in the Lucius oil development project, 100 pct of Apache's 12.5 pct working interest in the Heidelberg oil development project and several exploration leases.Following closing and the interim redetermination of equity ownership by the coowners in the Lucius field, FM O&G owns an approximate 25.1 pct working interest in Lucius.  Full Article

Freeport-McMoRan Copper & Gold Inc declares quarterly cash dividend on common stock
Wednesday, 25 Jun 2014 02:02pm EDT 

Freeport-McMoRan Copper & Gold Inc:Declares a cash dividend of $0.3125 per share.Payable on Aug. 1 to holders of record as of July 15.  Full Article

Apache Corp's subsidiary to sell Lucius and Heidelberg Gulf of Mexico developments for $1.4 bln to Freeport-McMoRan Copper & Gold Inc's subsidiary
Thursday, 8 May 2014 08:01am EDT 

Apache Corp:Says its Gulf of Mexico subsidiary will sell non-operated interests in the Lucius and Heidelberg development projects and 11 primary term deepwater exploration blocks to a subsidiary of Freeport-McMoRan Copper & Gold Inc for $1.4 bln.Effective date of the transaction is May 1.Sale is expected to close by June 30.  Full Article

Freeport-McMoRan Copper & Gold Inc to Sell Eagle Ford assets for $3.1 bln
Wednesday, 7 May 2014 06:00am EDT 

Freeport-McMoRan Copper & Gold Inc:Agreement to sell its Eagle Ford Shale assets for $3.1 bln to subsidiary of Encana Corp.Estimates after tax net proceeds from transaction of about $2.5 bln.  Full Article

Freeport-McMoRan Copper & Gold Inc declares quarterly cash dividend on common stock
Wednesday, 26 Mar 2014 11:45am EDT 

Freeport-McMoRan Copper & Gold Inc:Declares cash dividend of $0.3125 per share.Payable on May 1 to holders of record as of April 15.  Full Article

Freeport-McMoRan Copper & Gold Inc declares quarterly cash dividend on common stock
Friday, 20 Dec 2013 09:03am EST 

Freeport-McMoRan Copper & Gold Inc:Declares a cash dividend of $0.3125 per share payable on Feb. 3, 2014 to holders of record as of Jan. 15, 2014 for its common stock.  Full Article

Freeport-McMoRan Copper & Gold Inc's Indonesia Union Reaches Tentative Deal On Wages-Reuters
Wednesday, 2 Oct 2013 06:39am EDT 

Reuters reported that Freeport-McMoRan Copper & Gold Inc reached a tentative agreement with Indonesian union workers on October 02, 2013 over wages and pensions, a union official said, raising hopes that a strike will be averted with just two days left of talks. Contract talks between workers and management at Freeport's Grasberg mine in Papua, have entered their fourth month and are scheduled to end on October 04, 2013 with or without a deal. Freeport's Indonesian unit could not be reached immediately for comment on October 02, 2013. The negotiations, which are seeking agreement on workers' wages, benefits, rights, obligations and pensions, were suspended in May when a tunnel collapse killed 28 people, and then resumed in June.  Full Article

Freeport-McMoRan Copper & Gold Inc Declares Quarterly Cash Dividend On Common Stock
Wednesday, 25 Sep 2013 11:36am EDT 

Freeport-McMoRan Copper & Gold Inc announced that it has declared a cash dividend of $0.3125 per share payable on November 1, 2013 to holders of record as of October 15, 2013 for its common stock.  Full Article

Freeport-McMoRan Copper & Gold Inc Declares Quarterly Cash Dividend on Common Stock
Thursday, 27 Jun 2013 12:48pm EDT 

Freeport-McMoRan Copper & Gold Inc announced that it has declared a cash dividend of $0.3125 per share payable on August 1, 2013 to holders of record as of July 15, 2013 for its common stock.  Full Article

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Luxembourg opens art freeport to lure super-rich

LUXEMBOURG - Private banking hub Luxembourg sought to lure more wealthy investors on Wednesday by opening a high-security center designed to look like a jewel box, where collectors can store and trade valuables without paying customs or sales tax.

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