Freeport-McMoRan Inc. reports news centered on large-scale copper mining, byproduct gold and molybdenum production, and operating results from its global asset portfolio. The company’s recurring updates cover the Grasberg minerals district in Indonesia, the Morenci minerals district in Arizona, and the Cerro Verde operation in Peru, along with quarterly financial and operating results.
Company announcements also include common-stock dividend declarations under FCX’s base and variable payout framework, updates on Grasberg operating conditions and restart planning, copper growth initiatives, Indonesian operating-rights matters, and leadership changes within its Americas operations.
Freeport-McMoRan (NYSE: FCX) announced a quarterly cash dividend of $0.15 per share, payable on August 1, 2024, to shareholders recorded by July 15, 2024. The dividend includes a base of $0.075 and a variable $0.075 based on performance. Freeport-McMoRan, a leading copper producer headquartered in Phoenix, operates major assets including the Grasberg minerals district in Indonesia and the Morenci district in Arizona.
Freeport-McMoRan (NYSE: FCX) announced that Kathleen L. Quirk will receive the Ankh Award at The Copper Club’s annual dinner on June 12, 2024. The award recognizes exceptional contributions to the copper industry. Ms. Quirk, who is also the President of FCX, has taken on the role of CEO, succeeding Richard C. Adkerson. Ms. Quirk expressed pride in the recognition and is committed to enhancing value for stakeholders, driving innovation, and leveraging Freeport's resource base to meet growing copper demand.
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