Plains Exploration & Production announced its continued support for the strategic merger of PXP with Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) on the previously announced terms. The financial and operational strength of the combined businesses will allow for accelerated value creation across the entire asset portfolio. PXP's Management and [...]
McMoRan Exploration announced today that, in connection with the pending merger with Freeport-McMoRan Copper & Gold, MMR has delivered notices regarding the effect of the merger as applicable to holders of the following series of its outstanding convertible securities in accordance with the applicable certificates of designation and indentures:
Freeport-McMoRan Copper & Gold and McMoRan Exploration today announced that MMR will hold a special meeting of its stockholders on June 3, 2013, to vote on the proposed acquisition of MMR by FCX. Stockholders who held shares of MMR common stock at the close of business on April 4, 2013, the record date of the special meeting, will be entitled to [...]
Freeport-McMoRan Copper & Gold and Plains Exploration & Production today announced that PXP will hold a special meeting of its stockholders on May 20, 2013, to vote on the proposed acquisition of PXP by FCX. Stockholders who held shares of PXP common stock at the close of business on March 21, 2013, the record date of special meeting, will be [...]
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX): Net income attributable to common stock for first-quarter 2013 was $648 million, $0.68 per share, compared with net income of $764 million, $0.80 per share, for first-quarter 2012. Consolidated sales from mines for f ...
Freeport-McMoRan Copper & Gold announced today the completion of the previously announced transaction for FCX and its joint venture partners to acquire from OM Group, Inc., a large scale cobalt chemical refinery located in Kokkola, Finland, and related sa ...
Freeport-McMoRan Copper & Gold today declared a cash dividend of $0.3125 per share payable on May 1, 2013 to holders of record as of April 15, 2013 for its common stock. FCX is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and prob
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today that it has completed the sale of $6.5 billion of senior notes in four tranches, consisting of 5-year, 7-year, 10-year and 30-year senior notes. The offering generated net proceeds of approximately $6.4 billi ...
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today the pricing of $6.5 billion of senior notes in four tranches, consisting of 5-year, 7-year, 10-year and 30-year senior notes. Following is a summary of the four new tranches of debt, which will have an aggreg ...
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today that it intends to offer, subject to market and other conditions, senior notes in multiple tranches (the 'Notes?). FCX intends to use the net proceeds from the offering, together with the net p ...
Copper miners have been trending downwards in recent weeks as prices for the metal have continued to slump. Copper prices on Thursday set a new low for 2013 on slowing housing demand from China and the U.S. Five Star Equities examines the outlook for companies in the Copper Industry and provides equity research on Freeport-McMoRan Copper & Gold and [...]
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today the completion of agreements with two bank syndicates providing committed financing for a $4 billion bank Term Loan and a new $3 billion Revolving Credit Facility in connection with FCX′s proposed acquisiti ...