NEW YORK, Jan 22 (Reuters) - Freeport - McMoRan Inc said on Thursday it has picked Gresik, East Java, as the location for its planned new copper smelter in Indonesia, the latest move by the...
JAKARTA, Jan 20 (Reuters) - Freeport - McMoRan Inc could lose its permit to export copper concentrate from its massive Indonesian mine in West Papua, the country's mining minister said on Tuesday, unless it can show progress in developing a new copper smelter this week.
Jan 15 (Reuters) - Freeport - McMoRan Inc agreed on Thursday to pay $137.5 million to resolve a lawsuit claiming executives and directors had conflicts of interest that caused the natural resources company to overpay significantly for two oil and gas companies in 2013.
Jan 15 (Reuters) - Freeport - McMoRan Inc : * Says to receive proceeds for $137.5 million settlement of shareholder lawsuit
Jan 15 (Reuters) - Freeport - McMoRan Inc has reached a $137.5 million settlement of shareholder litigation that accused the natural resources company of overpaying for two affiliates in 2013, lawyers...
uncertainty rating to every copper miner we cover. Despite large share price declines for copper blue chips like Freeport - McMoRan , we don't yet see enough margin of safety to merit diving into a bloodbath.
copper over iron ore. According to median price targets on Thomson Reuters, the biggest pure-play copper stocks ( Freeport - McMoRan FCX , Southern Copper SCCO , and First Quantum Minerals FM ) are, on average, 26% undervalued. Consensus also
Freeport - McMoRan Inc (NYSE:FCX) is bouncing today. The stock is down almost 37 ..... that gold is flat but the gold miners are bouncing. This includes Freeport - McMoRan . The upside potential is large as the collapse has been epic. In
deals that were announced during the period, with the transactions still pending as of the end of last week. While Freeport - McMoRan FCX and narrow-moat Apache APA did a little asset-swapping during the period, it looks like they were sold more
industrial metals tend to have lower valuation multiples. For example, the current price-to-earnings ratio for Freeport - McMoRan , is 8x-times forward earnings. Investors can use the low relative valuations of copper/gold producers to increase