Freeport-McMoRan Inc. today announced the publication of its 2019 Annual Report on Sustainability, “Building on Strength.” This report details the company’s long-standing commitment to manage responsibly our environmental, social and governance performance. FCX is committed to prioritizing the health, safety and well-being of its workforce and host [...]
Freeport-McMoRan Inc. today announced that it has posted its press release outlining its revised operating plans in response to the COVID-19 pandemic and its first-quarter 2020 financial and operating results on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases. This press release features multimedia [...]
Freeport-McMoRan Inc. today announced that it will release revised operating plans in response to the COVID-19 pandemic and first-quarter 2020 financial and operating results before the market opens on Friday, April 24, 2020, and will host a conference call with securities analysts on the same day at 10:00 a.m. Eastern Time to discuss the revised [...]
Freeport-McMoRan Inc. announced today that the Peruvian Government has extended the declaration of a National Emergency until April 26, 2020, associated with the Peruvian government’s efforts to contain the outbreak of COVID-19. Cerro Verde is conducting limited operations in accordance with the government order and is completing actions to provide [...]
Freeport-McMoRan Inc. announced today that the Peruvian Government has extended the declaration of a National Emergency to April 12, 2020, associated with the Peruvian government?s efforts to contain the outbreak of COVID-19. Cerro Verde is engaged in discussions with Peruvian government authorities regarding health protocols which would enable [...]
Freeport-McMoRan Inc. announced today that in response to the COVID-19 pandemic and resulting global economic uncertainties, its Board of Directors will suspend the quarterly cash dividend of $0.05 per share previously planned for May 1, 2020. The declaration and payment of future dividends is at the discretion of the Board and will depend on [...]
Freeport-McMoRan Inc. announced today that the Peruvian Government has issued a Supreme Decree and declaration of a National Emergency in its efforts to contain the outbreak of COVID-19. To comply with the Government’s requirements, Cerro Verde has temporarily transitioned to a care and maintenance status for a 15-day period which commenced [...]
Freeport-McMoRan Inc. announced today continued progress in growing copper and gold volumes by 30 - 40 percent, reducing net unit cash costs of copper by 25 percent to approximately $1.30 per pound and more than doubling cash flows by 2021 compared with 2019. The Company remains focused on increasing volumes from its underground orebodies in Papua [...]
Freeport-McMoRan Inc. announced today that it has completed the sale of $700 million aggregate principal amount of its 4.125% Senior Notes due 2028 and $600 million aggregate principal amount of its 4.250% Senior Notes due 2030. FCX intends to use the net proceeds from the $1.3 billion senior notes offering and cash on hand to fund its purchase of [...]
Freeport-McMoRan Inc. announced today that it has amended its previously announced tender offers to increase the aggregate purchase price from $800 million to $1.1 billion that it may use to purchase a portion of its outstanding 4.00% Senior Notes due 2021, 3.55% Senior Notes due 2022, 3.875% Senior Notes due 2023 and 4.55% Senior Notes due 2024 [...]
Freeport-McMoRan Inc. announced today that it has priced an upsized offering of $1.3 billion of senior notes . The offering size was increased to $1.3 billion from the previously announced $1.0 billion aggregate principal amount. Following is a summary of the two tranches of debt: Description Amount Maturity 4.125% Senior Notes $700 Due March 1 [...]
Freeport-McMoRan Inc. announced today that it has commenced cash tender offers to purchase a portion of its outstanding 4.00% Senior Notes due 2021, 3.55% Senior Notes due 2022, 3.875% Senior Notes due 2023 and 4.55% Senior Notes due 2024 for an aggregate purchase price up to $800 million , subject to the acceptance priorities set forth in the [...]