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Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona. The company is the world's largest producer of molybdenum, is a major copper producer and operates the world's largest gold mine, the Grasberg mine in Papua, Indonesia .
Richard Adkerson is the current president, CEO and vice chairman of Freeport-McMoRan Copper & Gold Inc. with an established career in the mining sector. He has been in this role since December 2003. He is also known for his past role as chairman of the International Council on Mining and Metals.
Indonesia also agreed to extend the Freeport-McMoRan mining lease, which would have expired in 2021, for a further 20 years until 2041. Mine workings Underground portion of Grasberg Mine visited by President of Indonesia Joko Widodo. The workings include a very large open pit mine, an underground mine and four concentrators. The open pit mine ...
As part of a big bet on oil and gas, Freeport-McMoRan picked up some intriguing possibilities for future growth. The most intriguing, however, are its ultra-deep prospects in the shallow waters of ...
Freeport-McMoRan Copper & Gold Inc. to Acquire Plains Exploration & Production Company and McMoRan Exploration Co. in Transactions Totaling $20 Billion, Creating a Premier U.S. Based Natural ...
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, global mining giant Freeport-McMoRan has earned a respected ...
Sierrita was operated by Phelps Dodge from 1999 until 2007 when it was acquired by Freeport-McMoRan. The mine has one of the largest copper reserves in the United States and in the world.
The ability of copper to maintain prices above $3/lb caught most Freeport-McMoRan Copper & Gold investors off guard, including this one. Stubbornly high inventories at the London Metals Exchange ...
The Henderson mine, which has produced molybdenum since 1976, is owned by Freeport-McMoRan. The Henderson mine is North America's largest producer of primary molybdenum. 2007 production was 40 million pounds of molybdenum, with a value of $1.1 billion.
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