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Freeport-McMoRan Says Chile, Peru Political Uncertainty Makes U.S. Copper Assets 'More Attractive'
Freeport-McMoran Reports Q2 EPS Of $0.73
Freeport-Mcmoran Inc Set Cash Dividend Of $0.075 Per Share
Freeport-McMoRan Inc. (FCX) is a mining company. The Company operates through geographical assets with proven and probable reserves of copper, gold and molybdenum, and traded copper producer. The Company's segments include refined copper products, copper in concentrate, gold, molybdenum, oil and other. The Company's segments include the Morenci, Cerro Verde, Grasberg copper mines, the Rod & Refining operations and the United States (U.S.) Oil and Gas Operations. The Company has organized its operations into five divisions, which include North America copper mines, South America mining, Indonesia mining and Molybdenum mines. The Company's portfolio of assets includes the Grasberg minerals district in Indonesia, copper and gold deposits, and mining operations in the Americas, including the large-scale Morenci minerals district in North America and the Cerro Verde operation in South America.
Gold & Silver
333 N Central Ave
Richard C. Adkerson
Chairman of the Board, Chief Executive Officer
Kathleen L. Quirk
President, Chief Financial Officer
Dustan E. McCoy
Lead Independent Director
David P. Abney
Robert W. Dudley
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Freeport-McMoRan Inc beat Wall Street's expectations for second-quarter earnings on Thursday as the copper producer, one of world's largest, benefited from higher demand and increased prices for the red metal.
Freeport-McMoRan Inc on Thursday reported first-quarter profit in line with Wall Street expectations, benefiting from higher metals prices driven by economic recovery from the COVID-19 pandemic in some parts of the world.
Freeport-McMoRan on Thursday reported a first-quarter profit, compared with a year-ago loss, as the world's largest publicly traded copper producer benefited from higher prices for the red metal from improving global economic recovery prospects. The company posted a net...
A federal court in Oklahoma ruled on Wednesday that TCI Pacific Communications, a Comcast Corp subsidiary, must pay mining company Cyprus Amax Minerals, a subsidiary of Freeport-McMoran Inc, $14 million for part of the cleanup of toxic waste from two zinc smelting facilities...
Barrick Gold Chief Executive Mark Bristow said on Monday a combination with copper miner Freeport McMoRan "had a lot of logic to it" even though a deal between the companies did not pan out.
Freeport-McMoRan Inc is close to reaching a $2.8 billion deal with China's Tsingshan Holding Group to build a copper smelter in Indonesia's Weda Bay, senior minister Luhut Pandjaitan said on Wednesday.
Freeport-McMoRan Inc named long-time Chief Executive Officer Richard Adkerson as chairman of the board, the U.S. miner said on Tuesday.
Freeport McMoRan Inc posted a quarterly profit on Tuesday that narrowly beat analysts' estimates on rising production and prices for copper and gold, with executives forecasting continued growth for 2021.
Ovintiv Inc is looking to sell its Eagle Ford acreage in south-central Texas, several people familiar with the matter said on Friday, the latest debt-laden oil and gas producer to put assets on the block to raise cash during this year's coronavirus-fueled oil slump.
Freeport McMoRan Inc <FCX.N> beat analysts' estimates for third-quarter profit on Thursday, as the miner benefited from higher gold prices due to the COVID-19 pandemic and cost cuts.
Freeport McMoRan Inc reported a quarterly profit on Thursday, compared to a loss a year earlier, benefiting from higher gold prices as uncertainty fueled by the COVID-19 pandemic pushed investors toward safe-haven assets.
When miners at Indonesia's giant Grasberg gold and copper mine started testing positive for coronavirus early in the pandemic, the mountain-top mining complex was quickly locked down with a skeletal staff left in place to maintain production.
Freeport-McMoRan Inc does not want to be distracted by any buyout offers and is focused on expanding its Grasberg copper-and-gold mine in Indonesia and boosting cash flow, Chief Financial Officer Kathleen Quirk said on Tuesday.
Workers at Indonesia's Grasberg gold and copper mine on Friday ended a protest demanding an easing of a coronavirus lockdown at the mine operated by a local unit of Freeport-McMoran Inc, a workers' representative and the company said.
Workers at Indonesia's Grasberg gold and copper mine operated by the local unit of Freeport-McMoRan Inc extended a protest into a second day on Tuesday as they demanded an easing of a coronavirus lockdown
More than a thousand mine workers in Indonesia blocked access to the Grasberg gold and copper mine operated by the local unit of Freeport-McMoRan Inc on Monday to protest a coronavirus lockdown policy that halted bus services to meet with families.
Freeport McMoRan Inc on Thursday said it swung to a second-quarter profit as the world's largest publicly traded copper producer slashed costs to stem the fallout from the coronavirus pandemic.
Freeport McMoRan Inc reported a profit for the second quarter on Thursday, helped by a drop in costs. Net income attributable to shareholders was $53 million, or 3 cent per share, in the second quarter ended June 30, compared with a loss of $72 million, or 5 cents per share...
Freeport-McMoRan Inc's <FCX.N> Indonesian unit said it will operate the giant Grasberg mine with a "skeletal team" after a rise in coronavirus infections in the area, including at the mine workers' living quarters, and three deaths.
Freeport McMoRan Inc, the world's largest publicly traded copper producer, said on Friday it would cut its 2020 costs by 18 percent, or $1.3 billion, as prices for the red metal plunge due to the global spread of COVID-19.
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