Hints and tips:
...BHP’s main listing is now Sydney, but it is also a top 10 global producer, while the biggest copper miner of all is America’s Freeport-McMoRan.”...
...Here is a chart of Freeport-McMoRan — a very big, very copper-focused miner — versus the price of copper itself and the S&P 500 over the past quarter century or so: With all that said, if you believe the...
...Freeport-McMoRan, which operates Cerro Verde, Peru’s largest copper mine, said in an earnings call two weeks ago that it had reduced ore extraction by 10-15 per cent at the site to about 350,000 tonnes per...
...These are not employees of CMOC, the Chinese operator that bought the mine from US rival Freeport-McMoran in 2016....
...Bristow has previously weighed a bid for Freeport McMoran, the world’s biggest independent copper producer, but did not press ahead with a deal....
...US miner Freeport-McMoRan has looked at the relationship between copper and diesel fuel prices over the past 16 years....
...Commercial interests need to be defended, but deals to resolve episodes of resource nationalism — such as that between the Indonesian government and US miner Freeport-McMoRan over the giant Grasberg copper...
...The South American country is the world’s second-biggest producer of copper and a significant source of gold, silver, zinc and tin....
...The run-up in the copper price comes as Phoenix-based Freeport is set to increase output from a multibillion-dollar underground expansion of Grasberg, its giant Indonesian copper-gold mine. ...
...The industry accounts for 60 per cent of export revenue in Peru, the world’s second-biggest producer of copper and a significant source of gold, silver, zinc, tin and iron ore....
...Polymetal trades at a value, including debt, of seven times its underlying earnings before interest, tax, depreciation and amortisation, against 14 times for US copper miner Freeport-McMoRan, according to...
...the energy transition....
...Freeport-McMoran’s chief executive dismissed reports it could sell its giant Grasberg copper mine in Indonesia to rival Barrick Gold, saying “now’s just not the time” for any deals....
...In contrast copper prices have fallen by 15 per cent, reviving speculation that Barrick might make a deal for US miner Freeport-McMoRan....
...In a session addressing the prospects for a new investment cycle in commodities, Kathleen Quirk, president and chief financial officer of Freeport-McMoRan, said “the world is serious about the transition...
...Moreover, the most likely targets for the sector’s big groups — major independent copper producers such as Freeport-McMoRan and First Quantum Minerals — are not in distress and would demand a massive premium...
...Freeport-McMoRan Sector: mining / HQ: phoenix, us Over his long career Richard Adkerson, chief executive of Freeport-McMoRan, the world’s biggest publicly listed copper miner, has seen everything from...
...Mr Bristow has said he would like to expand the gold miner’s presence in copper, highlighting the Grasberg copper and gold mine in Indonesia owned by Freeport-McMoran as an attractive asset....
...Freeport-McMoran, one of the world’s biggest copper producers, is targeting a 90,000-tonne increase in annual output from the introduction of machine learning technology at its mines....
...The market is buzzing with speculation about Mr Bristow’s next move, with Freeport-McMoRan, owner of the giant Grasberg copper and gold mine in Indonesia, regarded as a potential takeover target....
...BHP, Glencore, Freeport-McMoran and Anglo American....
...Copper and gold sales guidance was unchanged 3.3bn lbs and 800,000 ounces respectively....
...They have invested at least $8bn in Congolese mining assets since 2012, with miner China Molybdenum buying the Tenke copper and cobalt mine from Freeport-McMoran for $2.65bn in 2016....
...In the natural resources sector, Jokowi pushed ahead with the nationalisation of key foreign-developed projects, from the huge Grasberg gold and copper mine in Papua, formerly controlled by US group Freeport-McMoRan...
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