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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 .
The mining company is a joint venture between Indonesian and American interests, with the Indonesian government through its state-owned company PT Mineral Industri Indonesia (MIND ID) and PT Indonesia Papua Metal & Mineral, a company co-owned by MIND ID and government of Papua, owning a 51.23% stake and Freeport-McMoRan owning 48.77%. PT ...
Climax Molybdenum Company (Freeport-McMoRan) Clear Creek: Idaho: Thompson Creek [3] Thompson Creek Metals Co. Inc. Custer: Montana: Continental Pit [3] Montana Resources LLP: Silver Bow: Nevada: Ashdown mine [3] Win-Eldrich Mines Ltd. Humboldt: Robinson [3] Quadra FNX Mining Ltd. White Pine: New Mexico: Chino [3] Freeport-McMoRan: Grant: Questa ...
At its highest output, the Climax mine was the largest molybdenum mine in the world, and for many years it supplied three quarters of the world's supply of molybdenum. After a long shutdown, the Climax mine reopened and resumed molybdenum shipment on May 10, 2012. The mine is owned by Climax Molybdenum Company, a subsidiary of Freeport-McMoRan.
The Henderson molybdenum mine is a large underground molybdenum mine west of the town of Empire in Clear Creek County, Colorado, USA. The Henderson mine, which has produced molybdenum since 1976, is owned by Freeport-McMoRan. The mine is North America's largest producer of primary molybdenum.
Investing in a mining company carries risk. In this video, Jim Mueller explains three reasons for selling Freeport-McMoRan. Freeport operates a large copper and gold mine in Indonesia and, if ...
Rank Mine County and State Owner Source of copper Annual production (thousand tonnes) 1 Morenci: Greenlee County, Arizona: Freeport-McMoRan (72%), Sumitomo Group (28%): Open pit, copper-molybdenum ore, producing copper cathode, copper and molybdenum concentrates
The mine is located in southern Pima County, southwest of Tucson and west of Green Valley-Sahuarita. Originally developed as an underground mine in 1907, the Sierrita open pit has been in operation since 1959 and is a copper and molybdenum mining complex, operating on a porphyry copper deposit with oxide, secondary sulfide, and primary sulfide ...