Freeport-McMoRan Inc (FCX.N)
23 Jul 2014
|Market Cap (Mil.):||$40,042.42|
|Shares Outstanding (Mil.):||1,038.71|
JAKARTA, July 24 - Indonesia will revise its rules on mineral export taxes next month, a senior official said on Thursday, paving the way for the country's multi-billion dollar mining industry to rebound after months of layoffs and stalled exports.
JAKARTA - Indonesia will soon allow U.S. miner Freeport-McMoRan Copper & Gold Inc to resume copper exports, with both sides close to ending a six-month dispute over new mining rules, a senior official said on Thursday.
JAKARTA, July 24 - Indonesia is expected to issue U.S. mining giant Freeport-McMoRan Copper & Gold with a government permit to resume exporting copper concentrates in one or two weeks, a mining ministry official said on Thursday.
July 23 - Freeport-McMoRan Inc said on Wednesday it expects to "imminently" sign an agreement with Indonesia that would enable it to immediately resume copper concentrate exports which have been halted for more than six months.
* Coming up: U.S. consumer credit data for May at 1900 GMT (Updates with closing prices)
JAKARTA/TORONTO, July 8 - Six months into a dispute with Indonesia's government that has halted copper exports, two U.S. mining giants are using very different tactics in a bid to resume shipments - behind the scenes talks or raising the stakes with an arbitration claim.
* Govt official say Freeport exports could resume within weeks
JAKARTA, July 7 - Freeport-McMoRan Copper & Gold Inc have agreed a Memorandum of Understanding (MoU) with the Indonesian government on contract renegotiations, ministry officials said on Monday, as both sides look to end a six-month dispute that has halted concentrate exports.
July 3 - Freeport-McMoRan Copper & Gold Inc's Chilean copper mine Candelaria has attracted the interest of Magris Resources, the private equity firm founded by former Barrick Gold Corp chief executive Aaron Regent, the Wall Street Journal reported on Thursday, citing unnamed sources.
JAKARTA, July 2 - Freeport-McMoRan Copper & Gold Inc is still in talks with Indonesia over a six-month dispute that has halted copper exports, and has no plan yet to follow Newmont Mining Corp in seeking international arbitration.
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