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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 .
Plains operations on the Bremer Lease, Midway-Sunset Oil Field, Kern County, California. Plains Exploration & Production was a petroleum and natural gas exploration company based in Houston, Texas. In May 2013, it was acquired by Freeport-McMoRan. [2]
It's beginning to look like Freeport-McMoRan Copper & Gold's acquisition of oil and gas produce Plains Exploration was prescient. The prospects of an extended closure of its huge Grasberg mine ...
Nineteen billion dollars. That's the cost to transform Freeport-McMoRan from a copper and gold miner into a diversified resources company. It's a move that put it in the same league as Anglo ...
McMoRan Exploration Co. is an independent public company engaged in the exploration, development and production of natural gas and oil in the shallow waters of the Gulf of Mexico Shelf and onshore ...
Fourth-quarter earnings at Freeport-McMoRan Copper & Gold were tarnished by slumping copper and gold prices. However, one bright spot for the company was its recently acquired oil and gas business.
The Inglewood Oil Field in Los Angeles County, California, is the 18th-largest oil field in the state and the second-most productive in the Los Angeles Basin.Discovered in 1924 and in continuous production ever since, in 2012 it produced approximately 2.8 million barrels of oil from some five hundred wells.
Freeport-McMoRan's shares were in a bull mode for several months. The company's recent quarterly report confirms that Freeport-McMoRan is going in the right direction. More importantly, its stock ...