Welcome to our dedicated page for Freeport-Mcmoran news (Ticker: FCX), a resource for investors and traders seeking the latest updates and insights on Freeport-Mcmoran stock.
Freeport-McMoRan Inc. (NYSE: FCX) is an international metals company focused on copper, with significant proven and probable reserves of copper, gold and molybdenum. Headquartered in Phoenix, Arizona, the company’s news flow reflects its role as one of the world’s largest publicly traded copper producers and operator of large, long-lived mining assets.
News about FCX frequently centers on operational updates from the Grasberg minerals district in Indonesia, which the company identifies as one of the world’s largest copper and gold deposits. Recent press releases have covered the mud rush incident at the Grasberg Block Cave underground mine, the temporary suspension of mining operations in the Grasberg minerals district, search and recovery efforts, and detailed plans for remediation, damage assessment and a phased restart and ramp-up of production.
Investors following FCX news can also expect regular announcements on quarterly and nine-month financial and operating results, along with associated conference calls and slide presentations. The company issues updates on production outlooks for PT Freeport Indonesia, discusses expected impacts from operational incidents, and provides broader multi-year operating and financial perspectives.
Additional recurring news themes include dividend declarations on FCX common stock under a performance-based payout framework, leadership and organizational updates, and information on safety and regulatory matters, such as mine safety orders and their resolution. Together, these items offer insight into FCX’s operating performance, risk management, capital allocation and strategic focus on copper, gold and molybdenum.
This page aggregates FCX-related press releases and third-party coverage so readers can review company statements on operations, financial reporting, safety events and corporate actions in one place.
Freeport-McMoRan Inc. (NYSE: FCX) has declared a cash dividend of $0.15 per share on its common stock, payable on February 1, 2023, to shareholders of record by January 13, 2023. This dividend consists of a base payment of $0.075 and a variable payment of $0.075 based on performance. The Board will consider financial results, cash needs, and global economic conditions in future dividend decisions. FCX is a prominent mining company with extensive copper, gold, and molybdenum reserves across various locations.
Freeport-McMoRan Inc. (NYSE: FCX) has released its third-quarter 2022 financial results, available on its Investor Relations webpage. The company is a leading global mining entity, notably involved in copper production. FCX operates significant assets, including the Grasberg minerals district in Indonesia and major operations in North and South America. A conference call is scheduled today at 10:00 a.m. Eastern Time to discuss these results, with a replay available until November 18, 2022. For more details, visit fcx.com.
Freeport-McMoRan Inc. (NYSE: FCX) has released its updated Climate Report, highlighting its commitment to reduce greenhouse gas (GHG) emissions and enhance energy efficiency. The company aims for a net-zero economy by 2050 and has set GHG reduction targets for 2030 covering nearly all Scope 1 and 2 emissions. FCX is also investigating alternatives to coal for its energy supply and is collaborating with equipment manufacturers to achieve its climate goals. The report aligns with the Task Force on Climate-related Financial Disclosures and includes verified GHG emissions data.
Freeport-McMoRan Inc. (NYSE: FCX) declared cash dividends of $0.15 per share on common stock, payable on November 1, 2022, to shareholders of record as of October 14, 2022. This dividend aligns with FCX’s performance-based payout framework, which consists of a base and variable dividend of $0.075 each. As a leading international mining company, FCX operates significant copper, gold, and molybdenum assets worldwide, notably in the Grasberg minerals district in Indonesia and large-scale operations in North and South America.
Freeport-McMoRan Inc. (NYSE: FCX) announced the posting of its second-quarter 2022 financial and operational results on its Investor Relations page. The company will hold a conference call today at 10:00 a.m. Eastern Time to discuss these results, which can be accessed via webcast. FCX is a major international mining company, primarily focused on copper production, with significant assets in Indonesia, North America, and South America. The company's operations include the Grasberg district in Indonesia and the Morenci district in Arizona.
Freeport-McMoRan (NYSE: FCX) declared a cash dividend of $0.15 per share on its common stock, payable on August 1, 2022, to shareholders of record by July 15, 2022. This decision aligns with FCX's performance-based payout framework, initiated in November 2021. With operations in the Grasberg district in Indonesia and significant mining sites in North and South America, FCX stands as one of the largest publicly traded copper producers. The company emphasizes its commitment to responsible copper production as a global contributor.
Freeport-McMoRan Inc. (NYSE: FCX) has published its first-quarter 2022 financial and operational results on its Investor Relations website. The company operates significant copper, gold, and molybdenum assets, including the Grasberg minerals district in Indonesia and major operations in North and South America. A conference call with analysts was scheduled for 10:00 a.m. Eastern Time to discuss these results, with a replay available until May 20, 2022. FCX emphasizes its role in responsibly producing copper to contribute positively to global needs.
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PT Freeport Indonesia has successfully completed a $3.0 billion senior notes offering, divided into three tranches: $750 million at 4.763% due April 14, 2027; $1.5 billion at 5.315% due April 14, 2032; and $750 million at 6.200% due April 14, 2052. These notes are rated Baa3 by Moody's and BBB- by Fitch. Proceeds will finance smelter projects, refinancing, and general corporate purposes. Notably, the offering complies with specific regulations and will not be registered under the Securities Act, limiting its sale to qualified institutional buyers.
PT Freeport Indonesia has priced a $3.0 billion offering of senior notes in three tranches: $750 million at 4.763% due April 14, 2027; $1.5 billion at 5.315% due April 14, 2032; and $750 million at 6.200% due April 14, 2052. The notes will be rated 'Baa3' by Moody's and 'BBB-' by Fitch. Proceeds will finance smelter projects and general corporate purposes. The offering is expected to settle on April 14, 2022, with interest paid semi-annually. The notes are not registered under the Securities Act and are offered to qualified institutional buyers.