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Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona.The company is the world's largest producer of molybdenum, a major copper producer and operates the world's largest gold mine, the Grasberg mine in Papua, Indonesia.
This list of gold mines in the United States is subsidiary to the list of mines article and lists working, defunct and future mines in the country and is organised by the primary mineral output. For practical purposes stone, marble and other quarries may be included in this list.
The last gold mine to operate in Arizona was the Gold Road mine at Oatman, which shut down in 1998. Patriot Gold is exploration drilling at the Moss mine at Oatman. [15] In 2006, all of Arizona's gold production came as a byproduct of copper mining.
For more companies, head on over to 5 Biggest Gold Mining Companies in the World. Gold is one of the most central assets in the financial world. Used as a currency standard until the late 19th ...
In Arizona, copper mining has been a major industry since the 19th century. In 2007, Arizona was the leading copper-producing state in the country, producing 750 thousand metric tons of copper, valued at $5.54 billion. Arizona's copper production was 60% of the total for the United States. Copper mining also produces gold and silver as ...
Arizona's economy historically relied on the "five C's": copper, cotton, cattle, citrus, and climate. [3] While Arizona's copper mining is still the nation's primary source of the metal, services and manufacturing are now the drivers of the state's economy.
Shares of gold miner Newmont (NYSE: NEM) fell 14.7% on Thursday after the company reported third-quarter 2024 results. The sell-off may seem strange, given gold prices are still hovering around an ...
The town of Congress with the mine in the background, c. 1914 The Congress Mine is a gold mine located at the ghost town of Congress, Arizona, on the southeastern slope of the Date Creek Mountains, approximately 18 miles north-northeast of Wickenburg, Arizona, at an elevation of about 3,000 feet (Lat. 34.216 – Long. -122.841).
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