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Freeport-McMoRan Inc (FCX.N)

FCX.N on New York Stock Exchange

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Thu, Sep 27 2018

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Freeport, Rio sell majority stake in Grasberg mine to Indonesia

JAKARTA Global mining giants Freeport McMoRan Inc and Rio Tinto have struck a binding accord to sell a majority stake in the world's second-biggest copper mine, Grasberg, to Indonesia's state mining company, Inalum for $3.85 billion.

UPDATE 3-Freeport, Rio sell majority stake in Grasberg mine to Indonesia

* Permits, documents, money still needed for deal -Inalum CEO

Indonesia plans news conference on Freeport, Rio Tinto transaction

* Indonesia's Energy Ministry plans to hold a ceremony on Thursday to mark the finalisation of a share purchase agreement involving Freeport McMoRan, Rio Tinto, and state miner Inalum, the ministry said in a document

Indonesia issues new tax rules as Freeport seeks fiscal guarantee

JAKARTA Indonesia's president has issued new tax regulations aimed at providing clarity for mining companies shifting their current contracts to special mining permits, in a move that could help cement a $3.9 billion deal with Freeport McMoran Inc.

UPDATE 1-Indonesia issues new tax rules as Freeport seeks fiscal guarantee

* New rules could provide certainty to cement $3.9 bln deal (Adds comment by Freeport Indonesia, context)

Freeport profit jumps, miner flags market jitters over trade rows

TORONTO Freeport-McMoRan Inc , the world's largest publicly listed copper miner, reported bigger-than-expected earnings on Wednesday, as production and prices soared above last year, but flagged market jitters from global trade disputes.

UPDATE 3-Freeport profit jumps, miner flags market jitters over trade rows

TORONTO, July 25 Freeport-McMoRan Inc, the world's largest publicly listed copper miner, reported bigger-than-expected earnings on Wednesday, as production and prices soared above last year, but flagged market jitters from global trade disputes.

CORRECTED-UPDATE 2-Freeport profit jumps, miner flags market jitters over trade rows

TORONTO, July 25 Freeport-McMoRan Inc, the world's biggest publicly listed copper miner, reported bigger-than-expected earnings on Wednesday, as production and prices soared above last year, but flagged market jitters from global trade disputes.

Freeport reports jump in quarterly profit, revenue

TORONTO, July 25 Freeport-McMoRan Inc, the world's biggest publicly listed copper miner, reported a big jump in second-quarter earnings on Wednesday in contrast to year-ago results hurt by a strike and operating issues at its giant Indonesian mine Grasberg.

Indonesia govt asked to recalculate Freeport mine damage

JAKARTA, July 25 Indonesia's parliament has asked the government to recalculate damage to the environment from the giant Grasberg copper mine operated by the local unit of Freeport McMoRan Inc, the environment ministry said.

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