Freeport-McMoRan, Rio Tinto, Indonesian government swap stakes in mine for $3.85 billion

Freeport-McMoRan, Rio Tinto Group and a state-owned Indonesian mining operation have swapped ownership stakes in mining operations in the Southeast Asian country in a $3.85 billion deal. Under the deal, London-based Rio Tinto (NYSE: RIO) would re.....»»

Category: topSource: bizjournalsJul 12th, 2018

Rio Tinto, Freeport-McMoRan stock rally after Rio Tinto sells copper mine interests for $3.5 billion to Inalum

Rio Tinto PLC and Freeport-McMoRan Inc. announced Thursday a deal for the sale of Rio Tinto's interest in the Grasberg copper mine to Indonesia's state mining company, PT Indonesia Asahan Aluminium (Inalum) for $3.5 billion. Rio Tinto's U.S.-listed .....»»

Category: topSource: marketwatchJul 12th, 2018

Freeport McMoRan, Indonesia sign agreement on Grasberg mine, Bloomberg says

See the rest of the story here. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallSep 27th, 2018

Mine for Stronger Risk-Adjusted Profits in Freeport-McMoRan

InvestorPlace - Stock Market News.....»»

Category: topSource: investorplaceSep 8th, 2018

Freeport-McMoRan: Free Of Debt Problems, Free Of Indonesian Problems?

Freeport-McMoRan: Free Of Debt Problems, Free Of Indonesian Problems?.....»»

Category: topSource: seekingalphaJul 26th, 2018

Report says Indonesia "land swap" plan puts forests at risk

Researchers say the Indonesian government's "land swap" plan to give plantation companies new lands in exchange for restoring areas they destroyed could result in more tropical forests being cut down......»»

Category: topSource: foxnewsJul 24th, 2018

Freeport-McMoRan: Deflating Copper, Indonesian Negotiations Will Hurt The Bottom Line

Freeport-McMoRan: Deflating Copper, Indonesian Negotiations Will Hurt The Bottom Line.....»»

Category: topSource: seekingalphaJul 19th, 2018

Indonesia Moves Closer to Taking Controlling Stake in Freeport Mine

Indonesia, Freeport-McMoRan a.....»»

Category: topSource: wsjJul 12th, 2018

Freeport-McMoRan: Indonesian-Related Sell-Off

Freeport-McMoRan: Indonesian-Related Sell-Off.....»»

Category: topSource: seekingalphaMay 1st, 2018

Reversal in Indonesia Slams Freeport, an Investor Favorite Last Year

A 19% tumble in Freeport McMoran shares this week is signaling dwindling investor confidence that the company can quickly settle a protracted battle with Indonesia over a giant copper mine......»»

Category: smallbizSource: wsjApr 27th, 2018

Freeport-McMoran Copper & Gold Takes Over #287 Spot From Omnicom Group

Market News Video.....»»

Category: topSource: redinewsNov 16th, 2018

Oracle Claimed that Bidding for the Pentagon’s Massive Cloud Contract Favors Amazon. The Government Is Unconvinced

Winner-takes-all it is, then. Oracle has failed in its bid to protest against a $10 billion Pentagon cloud contract bidding process that the company--and many others--claim is designed for Amazon to wi.....»»

Category: europeSource: fortuneNov 15th, 2018

GAO denies Oracle"s protest over Pentagon $10 billion cloud contract

The Government Accountability Office said it's denied a protest filed by Oracle that challenged the terms of a request for proposal for the Joint Enterprise Defense Infrastructure cloud procurement. The GAO said the Pentagon "re.....»»

Category: topSource: marketwatchNov 14th, 2018

New Zealand crews to re-enter mine 8 years after 29 killed

Eight years after a methane explosion in an underground coal mine killed 29 workers, New Zealand's government says crews will re-enter the mine to better understand what went wrong and hopefully recover some of the bodies......»»

Category: topSource: foxnewsNov 13th, 2018

U.S. government posts $100 billion deficit in October

The U.S. federal government ran a $100 billion deficit in October, the first month of the new fiscal year, according to data released on Tuesday by the Treasury Department......»»

Category: topSource: moneycentralNov 13th, 2018

US October budget deficit jumps to $100.5 billion

The federal government recorded a deficit of $100.5 billion in October, a big increase from a year ago that was primarily caused by quirks in the calendar......»»

Category: topSource: foxnewsNov 13th, 2018

Franklin Templeton taps into Israel"s $67 billion retail market

Franklin Templeton Investments entered the $67 billion Israeli retail market on Tuesday after the government allowed foreign firms to offer offshore products directly to investors......»»

Category: topSource: reutersNov 13th, 2018

Financial News: World’s biggest cement maker deals Indonesian unit to government-controlled company

The sale of its controlling stake in PT Holcim Indonesia operation to Semen Indonesia is viewed as part of Swiss-based LafargeHolcim’s five-year restructuring plan......»»

Category: topSource: marketwatchNov 12th, 2018

Rio’s (NYSE:RIO) Argyle Pink Diamonds Tender Breaks Record

Rio’s (NYSE:RIO) Argyle Pink Diamonds Tender Breaks Record $RIO The Argyle mine is the biggest diamond operation in Australia, and the source of rare and prized fancy pink gems. Rio Tinto, (NYSE:RIO) the wor.....»»

Category: topSource: livetradingnewsNov 11th, 2018

Argentina Signs $8.7 Billion Swap Agreement With Beijing To Shore Up Sagging Peso

Embattled Argentinian President Mauricio Macri has been scrambling to shore up his country's struggling currency since the IMF's ex.....»»

Category: blogSource: zerohedgeNov 8th, 2018

Top Analyst Upgrades and Downgrades: AIG, Freeport-McMoRan, Frontier Communications, Noble Energy, Occidental, Spark Therapeutics, Target and More

The top analyst upgrades, downgrades and initiations seen on Wednesday included AIG, Freeport-McMoRan, Frontier Communications, Noble Energy, Occidental Petroleum, Spark Therapeutics and Target......»»

Category: blogSource: 247wallstNov 7th, 2018