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Freeport-Mcmoran- 2020 Capex Estimate Includes $1.3 Bln Related To Grasberg Minerals District, Completion Of Arizona Lone Star Copper Leach Project
Freeport-McMoRan Announces Offers To Purchase Certain Outstanding Senior Notes
Freeport-Mcmoran Inc - Underground Ramp-Up At Grasberg Advancing On Schedule
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
Gerald J. Ford
Independent Non-Executive Chairman of the Board
Richard C. Adkerson
Vice Chairman of the Board, President, Chief Executive Officer
Kathleen L. Quirk
Chief Financial Officer, Executive Vice President
Harry M. Conger
President and Chief Operating Officer - Americas
Lydia H. Kennard
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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.
Freeport-McMoRan reported a quarterly loss on Friday, as production fell in South America and Indonesia, and the world's largest publicly traded copper producer cut its capex for the year.
Freeport-McMoRan Inc said on Sunday it has suspended operations at its Chino copper mine in New Mexico indefinitely because of the spread of COVID-19, the respiratory disease caused by the new coronavirus, among the site's workers.
Freeport-McMoRan Inc, the world's largest publicly traded copper producer, said on Sunday it has suspended operations at its Chino mine in New Mexico due to the spread of COVID-19, the respiratory disease caused by the new coronavirus.
* SAYS HAS 'LIMITED CONFIRMED CASES' OF COVID-19 AMONG ITS GLOBAL WORKFORCE OF ABOUT 30,000
Three Freeport-McMoRan Inc employees at the company's Chino copper mine in New Mexico have tested positive for COVID-19, according to the state's lieutenant governor, Howie Morales.
Attackers shot dead a New Zealand man and wounded six other people at an office of the Indonesian arm of mining company Freeport-McMoRan Inc on Monday, police said.
Freeport-McMoRan Inc, the world's largest publicly traded copper producer, said on Monday it will stop dividend payouts and slash costs and output due to the rapid worldwide spread of the coronavirus pandemic.
Freeport-McMoRan Inc said on Monday it will cut costs, and warned that the revised operating plans would lead to temporary reductions in copper and molybdenum production in the Americas.
* FREEPORT-MCMORAN INC - REAFFIRMS OUTLOOK FOR SIGNIFICANT CASH FLOW GENERATION IN 2021 AND BEYOND
Freeport McMoRan Inc <FCX.N> is not interested in selling its Grasberg copper and gold mine in Indonesia, Chief Executive Richard Adkerson said on Monday, tamping down speculation of a deal with Canadian miner Barrick Gold Corp <ABX.TO>.
Freeport McMoRan Inc is not interested in pulling the trigger on a big deal while it ramps up copper output at its Grasberg mine, president and chief executive Richard Adkerson said on Monday.
Barrick Gold Corp Chief Executive Mark Bristow on Wednesday said he sees no competition from rivals in his pursuit of Freeport-McMoran Inc's Grasberg copper-gold mine in Indonesia but cautioned any deal for the asset would take time to pull off.
Barrick Gold Corp <ABX.TO> does not want to buy copper mining giant Freeport McMoRan Inc <FCX.N>, although it is interested in its rival's flagship Grasberg mine in Indonesia, Chief Executive Mark Bristow said on Thursday.
Freeport-McMoRan Inc <FCX.N> reported a fall in fourth-quarter copper output and said it expected higher spending in 2020 as it transitions its giant Grasberg copper mine in Indonesia to underground mining, sending its shares down 9%.
Freeport-McMoRan, the world's largest publicly traded copper producer, reported a drop in quarterly profit on Thursday, hit mainly by a tax provision and lower output from its Indonesian operations.
* Charges fall on tight supply, rising smelting capacity (Add smelter's comment)
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