Canadian Mining Journal

Freeport-McMoRan Inc

  • News

    Nevsun trumps Lundin bid for Reservoir’s Timok

    April 27, 2016 by Canadian Mining Journal

    VANCOUVER – There’s been ample speculation on when Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) would mobilize its substantial capital position in the mergers and acquisitions arena, and on April 24 the company finally pulled the trigger on a US$365-million deal for prospect generator

  • News

    Reservoir Minerals teams up with Rio Tinto

    November 17, 2015 by Canadian Mining Journal

    For a junior company to entice a major to earn into an exploration project is impressive. To repeat that success with a different major on a separate set of concessions, and, at a dismal time in commodity markets, is nothing

  • News

    GOLD-COPPER: FCX announces cost cutting plans

    July 28, 2015 by Canadian Mining Journal Editor

    PHOENIX, Arizona – Freeport-McMoRan, one of North America’s largest copper-gold producers, has announced plans to trim costs in the face of shrinking prices for its major products. The company said investors should expect it to make cuts…

  • News

    BMO: Freeport-McMoRan ‘sending the right message’

    December 8, 2014 by Canadian Mining Journal Editor

    VANCOUVER — It’s been a year of change for miner Freeport-McMoRan Copper & Gold (NYSE: FCX) that has included a significant portfolio shuffle and a renewed focus on a strong balance sheet and dividend program. The…

  • News

    COPPER: Lundin to buy Freeport’s interest in Candelaria complex

    October 7, 2014 by Canadian Mining Journal Editor

    CHILE – Lundin Mining Corp. of Toronto has agreed to purchase Freeport-McMoRan’s 80% share of the Candelaria-Ojos del Salado copper mining operation for US$1.8 billion. The operation includes an open pit, an underground mine, and a…

  • News

    COPPER: Freeport-McMoRan output tops Codelco

    February 10, 2014 by Canadian Mining Journal Editor

    PHOENIX, Arizona – According to a recent report in LatinoMineria (, Freeport-McMoRan Mining is now the largest copper producer in the world, pushing Chile’s Codelco into second place. The Spanish language publication…

  • News

    SEG conference explores the future of geoscience

    October 8, 2013 by Canadian Mining Journal Editor

    WHISTLER, B.C. — An emerging trend amongst analysts and participants in the mining industry has been the need to explore and develop with greater efficacy; to make geologically economic discoveries at a lower cost, and advance those…

  • News

    COPPER MINING: Work resumes at Grasberg

    March 15, 2012 by Canadian Mining Journal Editor

    INDONESIA – Freeport-McMoRan Copper & Gold of Phoenix has begun the restart of mining and milling at the Grasberg open pit copper mine in the state of Papua. The operation has been affected labour-related problems since the last half…

  • News

    EXPANSION: Tenke Fungurume grows, on target for 2013 start

    February 29, 2012 by Canadian Mining Journal Editor

    DEMOCRATIC REPUBLIC OF CONGO – The US$850 million phase 2 expansion at the Tenke Fungurume copper and cobalt mine is on track for completion in 2013. Copper cathode  production will rise to 195,000 t/y, and cobalt hydroxide output…

  • News

    CANADIAN MINING PERSPECTIVE: Mines in Chile survive major earthquake

    March 3, 2010 by Canadian Mining Journal Editor

    Everyone’s life could probably use a little shaking up once in a while, but we hope it won’t be a 8.8 earthqua…

  • News

    COPPER PRODUCTION: Tenke Fungurume pulls first cathodes

    April 5, 2009 by Canadian Mining Journal Editor

    DEMOCRATIC REPUBLIC OF THE CONGO – The Tenke Fungurume copper-cobalt project in the Katanga province has produced i…

  • News

    CANADIAN MINING PERSPECTIVES: Budget cuts go global

    November 16, 2008 by Canadian Mining Journal Editor

    At the risk of being the bearer of even more bad news, I have been watching the world’s mining industry react to th…