Is Freeport-McMoRan still in business?
Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona….Freeport-McMoRan.
| Type | Public |
|---|---|
| Operating income | US$2.437 Billion (Fiscal Year Ended 31 December 2020) |
| Net income | US$0.599 Billion (Fiscal Year Ended 31 December 2020) |
Where are Freeport-McMoRan copper mines located?
Arizona
In North America, FCX operates seven open-pit copper mines — Morenci, Bagdad, Safford, Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico; and two molybdenum mines — Henderson and Climax in Colorado.
What does the company Freeport-McMoRan do?
Freeport-McMoRan Inc. (FCX) is a mining company. The Company operates through geographical assets with proven and probable reserves of copper, gold and molybdenum, and traded copper producer. The Company’s segments include refined copper products, copper in concentrate, gold, molybdenum, oil and other.
Why is Freeport-McMoRan down?
Freeport-McMoRan stock (NYSE: FCX) has dropped almost 11% in the last one month and currently trades at $37 per share. The decline in the stock was mainly due to weakness in commodity prices. This was driven by China’s decision to crack down on rising commodity prices.
Did Freeport-McMoRan sell?
PHOENIX–(BUSINESS WIRE)–Freeport-McMoRan Inc. (NYSE: FCX) announced today that it has entered into a definitive agreement to sell a 13 percent ownership interest in its Morenci unincorporated joint venture to Sumitomo Metal Mining Co., Ltd. (SMM) for $1.0 billion in cash.
Who owns the mines in Arizona?
Freeport-McMoRan
Five of the mines are owned and operated by Freeport-McMoRan, three by ASARCO, and one each by Capstone Mining and KGHM International, Ltd..
How many employees does Freeport-McMoRan have?
Freeport-McMoRan is based in Phoenix, Arizona. In 2020, the company accounted for approximately 24,500 employees.
Who does Freeport-McMoRan sell to?
Where is the gold in the Carlin Trend?
Nevada
The Carlin Gold trend is one of the world’s richest gold mining districts. It is a belt of gold deposits, primarily in Paleozoic limy sediments, that is about 5 mi (8.0 km) wide and 40 mi (64 km) long, extending in a north-northwest direction through the town of Carlin, Nevada.
Where is the Freeport-McMoRan Bagdad Mine?
Freeport-McMoRan continues mining reclamation work at this site. The Bagdad mine is an open-pit copper and molybdenum mining complex located in Yavapai County in west-central Arizona. It is approximately 60 miles west of Prescott and 100 miles northwest of Phoenix. Phoenix, Arizona is the location for Freeport-McMoRan’s corporate headquarters.
Where is Freeport McMoRan located in Arizona?
It is approximately 60 miles west of Prescott and 100 miles northwest of Phoenix. Phoenix, Arizona is the location for Freeport-McMoRan’s corporate headquarters. As of December 31, 2011, approximately 730 people were employed in Phoenix.
Where are FCX copper mines located?
FCX operates seven open-pit copper mines in North America — Morenci, Bagdad, Safford, Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico. In addition to copper, molybdenum concentrate, gold and silver are also produced by certain of FCX’s North America copper mines.
Where is the Bagdad Mine in Arizona?
The Bagdad mine is an open-pit copper and molybdenum mining complex located in Yavapai County in west-central Arizona. It is approximately 60 miles west of Prescott and 100 miles northwest of Phoenix. Phoenix, Arizona is the location for Freeport-McMoRan’s corporate headquarters.