Freeport-McMoRan Inc.

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today declared a cash dividend of $0.3125 per share payable on November 1, 2013 to holders of record as of October 15, 2013 for its common stock. FCX is a premier U.S.-based natural resource 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 [...]

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today with great sadness that co-founder B.M. “Mack” Rankin, Vice Chairman and a member of its Board of Directors, died yesterday at the age of 83 after a courageous battle with cancer. Mr. Rankin co-founded McMoRan Oil & Gas Co. in 1969 with James R. Moffett and W. K. McWilliams (deceased). In 1981, McMoRan merged with Freeport Minerals Company to form one of the [...]

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) During second-quarter 2013, FCX completed its $19 billion acquisitions of Plains Exploration & Production Company (PXP) and McMoRan Exploration Co. (MMR), creating a premier U.S.-based natural resource company. FCX's second-quarter 2013 financial results include PXP's operations beginning June 1, 2013, and MMR's operations beginning June 4, 2013. Net income attributable [...]

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 principal shareholder and Chairman of the Board of Hilltop Holdings Inc. He [...]

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 phased approach. Open pit and milling operations have commenced initially and [...]

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 Grasberg complex out of respect for and in sympathy of the deceased and [...]

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 approximately $3.3 billion in cash ($25 per PXP share), the issuance of [...]