Freeport-McMoRan (FCX)
41.59 -0.49 (-1.16%)
Freeport-McMoRan is a leading international mining company primarily engaged in the extraction and production of copper, gold, and molybdenum. The company operates large-scale mining operations in various regions, including North America and South America, where it focuses on delivering high-quality metal resources. Beyond mining, Freeport-McMoRan is involved in exploration activities to identify new mineral resources and employs innovative techniques to enhance sustainability and efficiency in its operations. The company's commitment to responsible resource development reflects its dedication to minimizing environmental impact while providing essential minerals that contribute to numerous industries worldwide.
Freeport Third-Quarter and Nine-Month 2024 Financial and Operating Results Release Available on Its Website
Freeport (NYSE: FCX) today announced that it has posted its third-quarter and nine-month 2024 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.
By Freeport-McMoRan Inc. · Via Business Wire · October 22, 2024
Earnings Season Countdown: 4 Stocks Poised for Growth
Earnings growth is the single-best predictor of stock price growth; here are four names that investors should watch closely when they report earnings
Via MarketBeat · September 30, 2024
Freeport Declares Quarterly Cash Dividends on Common Stock
Freeport (NYSE: FCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on November 1, 2024, to shareholders of record as of October 15, 2024. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. The payment of dividends is at the discretion of the Board, which will consider FCX's financial results, cash requirements, global economic conditions and other factors it deems relevant.
By Freeport-McMoRan Inc. · Via Business Wire · September 25, 2024
Stocks to Take Advantage of Rising Gold Prices
Freeport-McMoRan and Newmont Gold are two firms well-positioned to benefit from a continued surge in gold prices into new record territory.
Via MarketBeat · September 18, 2024
Freeport Second-Quarter and Six-Month 2024 Financial and Operating Results Release Available on Its Website
Freeport (NYSE: FCX) today announced that it has posted its second-quarter and six-month 2024 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.
By Freeport-McMoRan Inc. · Via Business Wire · July 23, 2024
Freeport Commences Commissioning of New Indonesian Smelter and Provides Update on Second-Quarter 2024 Copper and Gold Sales
Freeport (NYSE: FCX) announced today that its Indonesian subsidiary, PT Freeport Indonesia (PT-FI), substantially completed construction of its new Manyar smelter in Gresik, Indonesia in June 2024 and has commenced commissioning operations. FCX expects the smelter will begin producing copper cathodes in the coming months and continues to target full ramp up by the end of 2024 in line with previous expectations.
By Freeport-McMoRan Inc. · Via Business Wire · July 2, 2024
Freeport-McMoRan Declares Quarterly Cash Dividends on Common Stock
Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on August 1, 2024, to shareholders of record as of July 15, 2024. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. The payment of dividends is at the discretion of the Board, which will consider FCX's financial results, cash requirements, global economic conditions and other factors it deems relevant.
By Freeport-McMoRan Inc. · Via Business Wire · June 26, 2024
Freeport CEO Kathleen L. Quirk to Receive The Copper Club’s Ankh Award
Freeport-McMoRan Inc. (NYSE: FCX) today announced Kathleen L. Quirk will receive the Ankh Award at The Copper Club’s annual dinner on June 12, 2024, in recognition of her exceptional leadership and commitment to the copper industry. The Ankh Award has been bestowed annually since 1962 to professionals who have made extraordinary contributions to the copper industry.
By Freeport-McMoRan Inc. · Via Business Wire · June 11, 2024
Forge Resources Corp (CSE: FRG)’s Strategic Expansions in Metal and Coal Sectors
Bank of America has raised its forecasts for gold and copper, predicting a 17% increase in gold prices to $2,317 per ounce and an 8% rise in copper prices to $9,321 per metric ton in 2024. This adjustment follows record high gold futures and a peak in copper prices not seen since January 2023. The optimistic outlook for copper is driven by tight mine supplies and steady demand fueled by the energy transition, while gold prices are expected to climb due to various factors including central bank policies and strong investor interest from China and the West. Based on these projections, Bank of America has recommended a list of stocks likely to benefit from these trends including Alamos Gold Inc (NYSE: AGI), Agnico Eagle Mines Ltd (Ontario) (NYSE: AEM), Hudbay Minerals Inc (NYSE: HBM), Freeport-McMoRan Inc (NYSE: FCX) . Click HERE to Read More .
Via AB Newswire · April 30, 2024
Freeport-McMoRan Publishes 2023 Annual Report on Sustainability
Freeport-McMoRan Inc. (NYSE: FCX) today announced the publication of its 2023 Annual Report on Sustainability detailing its environmental, social and governance performance during the year. This report marks FCX’s 23rd year of reporting on its sustainability progress. FCX has a long history of responsible production practices and strives to embrace evolving stakeholder expectations.
By Freeport-McMoRan Inc. · Via Business Wire · April 25, 2024
Freeport-McMoRan First-Quarter 2024 Financial and Operating Results Release Available on Its Website
Freeport-McMoRan Inc. (NYSE: FCX) today announced that it has posted its first-quarter 2024 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.
By Freeport-McMoRan Inc. · Via Business Wire · April 23, 2024
Freeport-McMoRan Inc. (NYSE: FCX) Sets New 52-Week High in Monday Session
Shares of Freeport-McMoRan Inc. (NYSE: FCX) traded at a new 52-week high today and are currently trading at $47.45. So far today, approximately 2.44M shares have been exchanged, as compared to an average 30-day volume of 14.68M shares.
Via Investor Brand Network · April 1, 2024
Freeport-McMoRan Declares Quarterly Cash Dividends on Common Stock
Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on May 1, 2024, to shareholders of record as of April 15, 2024. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. The payment of dividends is at the discretion of the Board, which will consider FCX's financial results, cash requirements, global economic conditions and other factors it deems relevant.
By Freeport-McMoRan Inc. · Via Business Wire · March 27, 2024
Freeport-McMoRan Announces Leadership Transition
Freeport-McMoRan Inc. (NYSE: FCX) announced today the appointment of Kathleen L. Quirk as President and Chief Executive Officer to be effective at the annual meeting of shareholders on June 11, 2024. Ms. Quirk will assume full responsibility for executive management of the business reporting to the FCX Board of Directors.
By Freeport-McMoRan Inc. · Via Business Wire · February 6, 2024
Freeport-McMoRan Fourth-Quarter and Year Ended 2023 Financial and Operating Results Release Available on Its Website
Freeport-McMoRan Inc. (NYSE: FCX) today announced that it has posted its fourth-quarter and year ended 2023 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.
By Freeport-McMoRan Inc. · Via Business Wire · January 24, 2024
Global Copper Mining Market Size Projected to Reach $11.17 Billion By 2030 as Investments in Infrastructure Jump
Palm Beach, FL – January 11, 2024 – FN Media Group News Commentary – While the pandemic caused significant disruption to the copper mining market growth, In post-pandemic 2022, prices of technological materials, energy, fuels, and services increased significantly, influencing the level of costs generated by the companies. On the other hand, the uncertainty about […]
Via FinancialNewsMedia · January 11, 2024
Freeport-McMoRan Declares Quarterly Cash Dividends on Common Stock
Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on February 1, 2024, to shareholders of record as of January 12, 2024. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. The payment of dividends is at the discretion of the Board, which will consider FCX's financial results, cash requirements, global economic conditions and other factors it deems relevant.
By Freeport-McMoRan Inc. · Via Business Wire · December 20, 2023
Global Copper Mining Market Size Projected to Reach $11.17 Billion By 2030 as Investments in Infrastructure Jump
PALM BEACH, Fla., Jan. 11, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - While the pandemic caused significant disruption to the copper mining market growth, In post-pandemic 2022, prices of technological materials, energy, fuels, and services increased significantly, influencing the level of costs generated by the companies. On the other hand, the uncertainty about the future global economic situation resulted in the weakening of the USD and increase in USD-denominated copper prices, translating into an increase in revenues from sales. A report from Fortune Business Insights said that the global copper mining market size, which was valued at USD 8.44 billion in 2022 is projected to grow from USD 8.87 billion in 2023 to USD 11.17 billion by 2030, exhibiting a CAGR of 3.3% during the forecast period. The report added: “Government policies, regulations, and taxation frameworks can significantly impact the mining industry. Political stability, legal frameworks, mining codes, and fiscal policies affect investment attractiveness, licensing, and permitting processes. Copper is essential for constructing infrastructure projects such as buildings, bridges, and electrical systems. Hence, government initiatives and policies promoting infrastructure development can significantly boost the market. The mining industry, mainly of copper, will likely increase significantly due to increased investment in construction and construction projects. For example, over 100 smart city projects are underway worldwide, creating tremendous opportunities for the construction industry. Rapid urbanization in emerging economies and ongoing construction projects worldwide lead to increased copper consumption.” Active mining companies in the markets this week include American Pacific Mining Corp. (OTCQX: USGDF) (CSE: USGD) (FWB: 1QC), Rio Tinto Group (NYSE: RIO), Freeport-McMoRan Inc. (NYSE: FCX), Lundin Mining Corporation (NASDAQ: LUMI) (TSX: LUN), Filo Corp. (OTCQX: FLMMF) (TSX: FIL).
By FN Media Group LLC · Via GlobeNewswire · January 11, 2024
North American Lithium 2.0: High-Grade Lithium Concentrations Attract Global Financing Attention
Via FinancialNewsMedia · December 5, 2023
Freeport-McMoRan Recommends Rejection of Below-Market Price Mini-Tender Offer
Freeport-McMoRan Inc. (NYSE: FCX) has been notified by TRC Capital Investment Corporation (TRC) that it is making an unsolicited “mini-tender” offer to FCX shareholders to purchase up to 3,000,000 shares of FCX’s common stock at a current below-market price of $32.20 per share. TRC’s offer price is approximately 4.4% below the $33.69 per share closing price of FCX’s common stock on November 10, 2023, the last trading day prior to the date of the offer, and approximately 10% below the $35.54 per share closing price of FCX’s common stock on November 16, 2023.
By Freeport-McMoRan Inc. · Via Business Wire · November 16, 2023
Richard C. Adkerson Inducted into the National Mining Hall of Fame
Freeport-McMoRan Inc. (NYSE: FCX) today announced Richard C. Adkerson, Chairman and Chief Executive Officer, has been inducted into the National Mining Hall of Fame in recognition of his contributions to the global mining industry.
By Freeport-McMoRan Inc. · Via Business Wire · October 30, 2023
Freeport-McMoRan Third-Quarter 2023 Financial and Operating Results Release Available on Its Website
Freeport-McMoRan Inc. (NYSE: FCX) today announced that it has posted its third-quarter 2023 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.
By Freeport-McMoRan Inc. · Via Business Wire · October 19, 2023
Freeport-McMoRan Declares Quarterly Cash Dividends on Common Stock
Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on November 1, 2023, to shareholders of record as of October 13, 2023. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. The payment of dividends is at the discretion of the Board, which will consider FCX's financial results, cash requirements, global economic conditions and other factors it deems relevant.
By Freeport-McMoRan Inc. · Via Business Wire · September 20, 2023
Freeport-McMoRan Publishes Updated Climate Report
Freeport-McMoRan Inc. (NYSE: FCX) today announced the publication of its annual Climate Report outlining FCX’s ongoing progress to advance its climate strategy focused on reducing its greenhouse gas (GHG) emissions, enhancing its resilience to climate risks and contributing responsibly produced copper to the global economy.
By Freeport-McMoRan Inc. · Via Business Wire · September 14, 2023
The $23 Billion Graphite Boom Is Flying Under Wall Street’s Radar
Via FinancialNewsMedia · August 16, 2023