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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 Cerro Verde mine in Peru conducting limited operations

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

Category: blogSource: theflyonthewallApr 13th, 2020

Freeport McMoRan shuts Chino mine in New Mexico amid COVID-19, Reuters reports

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

Category: blogSource: theflyonthewallApr 13th, 2020

Freeport McMoRan provides update on Cerro Verde mine in Peru

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

Category: blogSource: theflyonthewallMar 26th, 2020

Freeport-McMoRan forced to close down Peruvian mine over coronavirus

Freeport-McMoRan Inc. said Wednesday that it will have to shut down one of its biggest copper mines, at least temporarily, as a result of the spread of the coronavirus. The Phoenix-based international mining company said that after the Peruvian go.....»»

Category: topSource: bizjournalsMar 18th, 2020

Teck pulls application for C$20.6 billion Frontier project, to take writedown

Teck Resources Ltd has withdrawn the application for its C$20.6 billion ($15.7 billion) Frontier oil sands mine in Alberta, the company said on Sunday, days before the federal government was to decide on whether to approve the controversial project......»»

Category: topSource: reutersFeb 23rd, 2020

Exclusive: Turkey presses banks to agree high-stakes bailout of bad energy loans

Turkey's plan to clean up some $13 billion in bad energy loans, one of the worst hangovers from last year's currency crisis, is taking shape even as some banks hold out for the government to agree to safeguards and higher electricity prices......»»

Category: topSource: reutersMay 13th, 2019

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: Indonesian-Related Sell-Off

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

Category: topSource: seekingalphaMay 1st, 2018

Indonesia Moves Closer to Taking Controlling Stake in Freeport Mine

Indonesia, Freeport-McMoRan a.....»»

Category: topSource: wsjJul 12th, 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

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: Free Of Debt Problems, Free Of Indonesian Problems?

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

Category: topSource: seekingalphaJul 26th, 2018

Mine for Stronger Risk-Adjusted Profits in Freeport-McMoRan

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

Category: topSource: investorplaceSep 8th, 2018

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

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

Category: blogSource: theflyonthewallSep 27th, 2018

3 Mining Companies With High Earnings Yields

Rio Tinto, Freeport-McMoRan and Turquoise Hill Resources present good opportunitiesRelated Stocks: RIO, FCX, TRQ,.....»»

Category: blogSource: gurufocusNov 20th, 2018

Freeport-McMoRan: The End Of Indonesian Saga

Freeport-McMoRan: The End Of Indonesian Saga.....»»

Category: topSource: seekingalphaDec 21st, 2018

Freeport (FCX) Wraps Up Deal With Indonesian Government

The completion of this deal is "win-win" outcome for all parties and marks the beginning of a new long-term partnership between Freeport (FCX) an.....»»

Category: worldSource: nytDec 24th, 2018

Freeport (FCX) Wraps Up Deal With Indonesian Government

Zacks.....»»

Category: topSource: redinewsDec 24th, 2018

Pentagon to review Amazon employee’s influence over $10 billion government contract

The role played by a start-up founder and Amazon employee, Deap Ubhi, is at the center of a high-stakes lawsuit over a $10 billion contract. The lawsuit could affect the future of the Pentagon's cloud computing efforts......»»

Category: topSource: washpostJan 24th, 2019