Freeport-McMoRan Inc (FCX.N)
23 Jul 2014
|Market Cap (Mil.):||$40,219.00|
|Shares Outstanding (Mil.):||1,038.71|
July 23 - Freeport-McMoRan Inc said on Wednesday it expects to "imminently" sign an agreement with Indonesia that would enable it to immediately resume copper concentrate exports which have been halted for more than six months.
* Coming up: U.S. consumer credit data for May at 1900 GMT (Updates with closing prices)
JAKARTA/TORONTO, July 8 - Six months into a dispute with Indonesia's government that has halted copper exports, two U.S. mining giants are using very different tactics in a bid to resume shipments - behind the scenes talks or raising the stakes with an arbitration claim.
* Govt official say Freeport exports could resume within weeks
JAKARTA, July 7 - Freeport-McMoRan Copper & Gold Inc have agreed a Memorandum of Understanding (MoU) with the Indonesian government on contract renegotiations, ministry officials said on Monday, as both sides look to end a six-month dispute that has halted concentrate exports.
July 3 - Freeport-McMoRan Copper & Gold Inc's Chilean copper mine Candelaria has attracted the interest of Magris Resources, the private equity firm founded by former Barrick Gold Corp chief executive Aaron Regent, the Wall Street Journal reported on Thursday, citing unnamed sources.
JAKARTA, July 2 - Freeport-McMoRan Copper & Gold Inc is still in talks with Indonesia over a six-month dispute that has halted copper exports, and has no plan yet to follow Newmont Mining Corp in seeking international arbitration.
* Newmont's arbitration move follows force majeure in June
JAKARTA, June 20 - Indonesia has drafted a new mining export tax that would more than halve the base rate to be paid by miners, a ministry official said, as the government tries to resolve a five-month-old dispute that has halted copper concentrate exports.
* U.S. May housing starts and building permits fall (Recasts, adds closing prices, details)