Freeport-McMoRan Inc.

Freeport-McMoRan Inc. (NYSE: FCX) announced today a modified “Dutch Auction” cash tender offer by its subsidiary, Freeport-McMoRan Oil & Gas LLC (the “Company”), for the following series of its notes (collectively the “Notes”):                   ...

Freeport-McMoRan Inc. (NYSE: FCX) announced today that it has completed the sale of $3.0 billion of senior notes. FCX intends to use the net proceeds from this offering to repay certain of its outstanding debt. Following is a summary of the four new tranches of debt, which will have an aggregate weighted interest cost of approximately 4.1%:             ...

Freeport-McMoRan Inc. (NYSE: FCX) announced today the pricing of $3.0 billion of senior notes. Following is a summary of the four new tranches of debt, which will have an aggregate weighted interest cost of approximately 4.1 percent:             ...

Freeport-McMoRan Inc. (NYSE: FCX) announced today that it has completed its previously announced sale of its 80 percent ownership interest in the Candelaria/Ojos del Salado copper mining operations and supporting infrastructure to Lundin Mining Corp. (TSX:LUN) (Nasdaq OMX:LUMI) for cash consideration of $1.8 billion, before closing adjustments. The transaction has an effective date of June 30, 2014. The interests [...]

Freeport-McMoRan Inc. (NYSE: FCX): Net income attributable to common stock totaled $552 million, $0.53 per share, for third-quarter 2014, compared with net income of $821 million, $0.79 per share, for third-quarter 2013. Net income attributable to common stock for the first nine months of 2014 totaled $1.5 billion, $1.47 per share, compared with $2.0 billion, $1.96 per share, for the first nine months of 2013 [...]

Freeport-McMoRan Inc. (NYSE: FCX) announced today that it has entered into a definitive agreement to sell its 80 percent ownership interest in the Candelaria/Ojos del Salado copper mining operations and supporting infrastructure to Lundin Mining Corp. (TSX:LUN)(OMX:LUMI) for $1.8 billion in cash and contingent consideration of up to $0.2 billion, calculated as 5% of net copper revenues in any annual period over the next [...]

Freeport-McMoRan Inc. (NYSE: FCX) today declared a cash dividend of $0.3125 per share payable on November 3, 2014 to holders of record as of October 15, 2014 for its common stock. FCX is a premier U.S.-based natural resources company with an industry-leading global portfolio of mineral assets, significant oil and gas resources and a growing production profile. FCX is the world's largest publicly traded copper producer [...]

Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Indonesian subsidiary PT Freeport Indonesia (PT-FI) received approval from the Government of Indonesia to resume exports of copper concentrates. PT-FI will resume full operations immediately and concentrate exports are expected to commence in August 2014. PT-FI has entered into a Memorandum of Understanding (MOU) with the Government of Indonesia under which the [...]

Freeport-McMoRan Inc. (NYSE: FCX): Net income attributable to common stock totaled $482 million, $0.46 per share, for second-quarter 2014, compared with net income of $482 million, $0.49 per share, for second-quarter 2013. Net income attributable to common stock for the first six months of 2014 totaled $992 million, $0.95 per share, compared with $1.1 billion, $1.17 per share, for the first six months of 2013 [...]

Freeport-McMoRan Copper & Gold announced today that its oil and gas subsidiary, Freeport-McMoRan Oil & Gas, has completed the previously announced acquisition of certain of Apache Corporation interests in the Deepwater Gulf of Mexico. Following the exercise of preferential purchase rights by other working interest owners in the Lucius project, FM O&G acquired for $919 million, 51.2% of Apache's 11.7% working interest in [...]