Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today declared a cash dividend of $0.3125 per share payable on August 1, 2013 to holders of record as of July 15, 2013 for its common stock. FCX is a premier U.S.-based natural resource company with an industry le ...
Freeport-McMoRan Copper & Gold announced today that its Board of Directors has appointed Gerald J. Ford to the newly created position of lead independent director effective June 25, 2013. Mr. Ford was elected to FCX’s Board in 2000, and will continue to serve on the Board’s Audit and Nominating and Corporate Governance Committees. Mr. Ford is the [...]
Freeport-McMoRan Copper & Gold today announced that PT Freeport Indonesia (PT-FI) has resumed open pit mining and concentrating activities at its Grasberg operations in Papua, Indonesia following approval from Indonesia’s Department of Energy and Mineral Resources on June 21, 2013. The resumption of production activities is being conducted in a [...]
Freeport-McMoRan today provided an update on the status of PT Freeport Indonesia’s (PT-FI) Grasberg operations in Papua, Indonesia following the May 14, 2013 accident at an underground training facility. Although the tragic accident occurred outside the area of mining operations, PT-FI temporarily suspended mining and processing activities at the [...]
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today announced that it has completed the final step of its three-way combination with Plains Exploration & Production Company (NYSE: PXP) and McMoRan Exploration Co. (NYSE: MMR). The PXP transaction closed on May 31, 2013 a ...
Freeport-McMoRan Copper & Gold and McMoRan Exploration announced that the shareholders of MMR approved FCX’s acquisition of MMR at a special meeting held today. A majority of the outstanding shares, excluding shares held by interested parties, approved the transaction. The parties expect that the acquisition will close promptly.
Freeport-McMoRan Copper & Gold today announced that it has completed its acquisition of Plains Exploration & Production, adding a high quality portfolio of U.S.-based oil and gas assets to its global mining business. This approximate $16.3 billion transaction included the assumption of $9.7 billion of PXP debt as of March 31, 2013, the payment of [...]
Freeport-McMoRan announced today the appointment of three former directors of Plains Exploration & Production Company to its Board of Directors: James C. Flores, Alan R. Buckwalter, III and Thomas A. Fry, III. James C. Flores, 53, is Vice Chairman of the Board of FCX and Chief Executive Officer and President of Freeport-McMoRan Oil & Gas LLC, a [...]
Freeport-McMoRan announced today that its Board of Directors has declared a supplemental common stock dividend of $1.00 per share to be paid on July 1, 2013 to shareholders of record as of June 14, 2013. The supplemental dividend to be paid in July is in addition to FCX’s regular quarterly common stock dividend of $0.3125 per share. Based on [...]
Freeport-McMoRan Copper & Gold and Plains Exploration & Production today announced the final allocation of the merger consideration to be paid in connection with FCX’s pending acquisition of PXP, which was approved by PXP stockholders on May 20, 2013 and is currently expected to be completed on May 31, 2013. This allocation has been determined [...]
Freeport-McMoRan Copper & Gold and Plains Exploration & Production today announced that the shareholders of PXP approved FCX’s acquisition of PXP at a special meeting held today. A majority of the outstanding shares approved the transaction. The transaction is anticipated to close on May 31, 2013. Following completion of the transaction, there are [...]
Freeport-McMoRan Copper & Gold announced today that its Board of Directors intends to declare a supplemental dividend of $1.00 per share of common stock immediately following the closing of the pending acquisition of Plains Exploration & Production. This supplemental dividend would be in addition to FCX’s regular quarterly common stock dividend of [...]
