Western New Guinea

Freeport-McMoRan Announces Appointment of Two Independent Members to its Board of Directors

Retrieved on: 
Monday, August 2, 2021

Freeport-McMoRan Inc. (NYSE: FCX) announced today the appointment of Marcela E. Donadio and Sara Grootwassink Lewis to its Board of Directors.

Key Points: 
  • Freeport-McMoRan Inc. (NYSE: FCX) announced today the appointment of Marcela E. Donadio and Sara Grootwassink Lewis to its Board of Directors.
  • She serves as Lead Independent Director of Marathon Oil Corporation and as a director of NOV, Inc. and Norfolk Southern Corporation.
  • Ms. Lewis founded Lewis Corporate Advisors, a capital markets and board advisory firm, in 2009, where she served as chief executive officer until 2018.
  • FCXs Board of Directors is now comprised of nine members, including eight independent directors.

Solaris Files La Verde Technical Report

Retrieved on: 
Friday, July 23, 2021

VANCOUVER, BC, July 23, 2021 /PRNewswire/ -Solaris Resources Inc. (TSX: SLS) (OTCQB: SLSSF) ("Solaris" or the "Company") announces the filing of a technical report for La Verde further to its news release of May 12, 2021.

Key Points: 
  • VANCOUVER, BC, July 23, 2021 /PRNewswire/ -Solaris Resources Inc. (TSX: SLS) (OTCQB: SLSSF) ("Solaris" or the "Company") announces the filing of a technical report for La Verde further to its news release of May 12, 2021.
  • As La Verde has been on care and maintenance since 2016, the Company filed an early exploration stage technical report for the project and there are therefore currently no mineral resources at the project.
  • On behalf of the Board of Solaris Resources Inc.
    Solaris is advancing a portfolio of copper and gold assets in the Americas, which includes: a high-grade resource with expansion and additional discovery potential at the Warintza copper and gold project in Ecuador; discovery potential on the grass-roots Tamarugo project in Chile and Capricho and Paco Orco projects in Peru; exposure to US$130M spending / 5-yrs through a farm-out agreement with Freeport-McMoRan on the Ricardo Project in Chile; and significant leverage to increasing copper prices through the 60%-interest in the La Verde joint-venture project in Mexico.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/solaris-files-la-verde-technica...

Freeport-McMoRan Declares Quarterly Cash Dividend on Common Stock

Retrieved on: 
Wednesday, June 23, 2021

Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Board of Directors (Board) declared a cash dividend of $0.075 per share on FCXs common stock payable on August 2, 2021, to stockholders of record as of July 15, 2021.

Key Points: 
  • Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Board of Directors (Board) declared a cash dividend of $0.075 per share on FCXs common stock payable on August 2, 2021, to stockholders of record as of July 15, 2021.
  • FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum.
  • By supplying responsibly produced copper, FCX is proud to be a positive contributor to the world well beyond its operational boundaries.
  • This press release also contains the financial measure net debt, which is not recognized under U.S. generally accepted accounting principles.

Freeport-McMoRan Publishes 2020 Annual Report on Sustainability

Retrieved on: 
Thursday, April 22, 2021

b"Freeport-McMoRan Inc. (NYSE: FCX) today announced the publication of its 2020 Annual Report on Sustainability detailing its environmental, social and governance (ESG) performance during the year.

Key Points: 
  • b"Freeport-McMoRan Inc. (NYSE: FCX) today announced the publication of its 2020 Annual Report on Sustainability detailing its environmental, social and governance (ESG) performance during the year.
  • This report marks FCX\xe2\x80\x99s 20th year of reporting on its sustainability progress and FCX\xe2\x80\x99s first year reporting in alignment with the Sustainability Accounting Standards Board (SASB) Metals & Mining framework.\nRichard C. Adkerson, Chairman and Chief Executive Officer said: \xe2\x80\x9cI am pleased to share our 2020 Annual Report on Sustainability, which details our ESG performance and initiatives in this important area.
  • Relentlessly.\xe2\x80\x9d\nFCX\xe2\x80\x99s 2020 Annual Report on Sustainability was compiled in alignment with the SASB Metals & Mining framework and in accordance with the GRI Reporting Standards Core option and reflects FCX\xe2\x80\x99s reporting obligations as a founding member of the International Council on Mining and Metals.
  • FCX\xe2\x80\x99s 2020 Annual Report on Sustainability is available on the company website at www.fcx.com/sustainability .\nFCX is a leading international mining company with headquarters in Phoenix, Arizona.

Freeport-McMoRan Announces Appointment of Two Independent Members to its Board of Directors

Retrieved on: 
Tuesday, April 6, 2021

Freeport-McMoRan Inc. (NYSE: FCX) announced today the appointment of David P. Abney and Robert Bob W. Dudley to its Board of Directors.

Key Points: 
  • Freeport-McMoRan Inc. (NYSE: FCX) announced today the appointment of David P. Abney and Robert Bob W. Dudley to its Board of Directors.
  • During his time as Chief Executive Officer of UPS, Mr. Abney served on the Board of Directors of Catalyst, a global nonprofit working to advance women into senior leadership and board positions.
  • Mr. Abney currently serves as a director of Macys, Inc. and Northrop Grumman Corporation, and serves on the Business Council.
  • FCXs Board of Directors is now comprised of eight members, including seven independent directors.

Freeport-McMoRan Declares Quarterly Cash Dividend on Common Stock

Retrieved on: 
Wednesday, March 24, 2021

Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Board of Directors (Board) declared a cash dividend of $0.075 per share on FCXs common stock payable on May 3, 2021, to stockholders of record as of April 15, 2021.

Key Points: 
  • Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Board of Directors (Board) declared a cash dividend of $0.075 per share on FCXs common stock payable on May 3, 2021, to stockholders of record as of April 15, 2021.
  • FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum.
  • By supplying responsibly produced copper, FCX is proud to be a positive contributor to the world well beyond its operational boundaries.
  • This press release also contains the financial measure net debt, which is not recognized under U.S. generally accepted accounting principles.

Freeport-McMoRan Mourns the Passing of its Former Chairman, James Robert “Jim Bob” Moffett

Retrieved on: 
Sunday, January 10, 2021

Freeport-McMoRan Inc. (NYSE: FCX) announced today with great sadness that James Robert Jim Bob Moffett of Austin, Texas passed away at the age of 82.

Key Points: 
  • Freeport-McMoRan Inc. (NYSE: FCX) announced today with great sadness that James Robert Jim Bob Moffett of Austin, Texas passed away at the age of 82.
  • Mr. Moffett served as Chairman of Freeport-McMoRan from 1984-2015 and CEO from 1984-2003.
  • Mr. Moffett co-founded McMoRan Exploration Co. in 1969 with B. M. Mack Rankin, Jr. (deceased) and W. K. McWilliams (deceased).
  • Jim Bob was a legend and visionary in the natural resource industry, said Gerald Ford, Chairman of the Board of FCX, and Richard Adkerson, Vice Chairman and Chief Executive Officer.

Marathon Oil Appoints Kimberly Warnica Senior Vice President and General Counsel

Retrieved on: 
Friday, January 8, 2021

HOUSTON, Jan. 8, 2021 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today that Kimberly Warnica has been appointed senior vice president and general counsel, with an anticipated effective date of January 11, 2021.

Key Points: 
  • HOUSTON, Jan. 8, 2021 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today that Kimberly Warnica has been appointed senior vice president and general counsel, with an anticipated effective date of January 11, 2021.
  • Prior to returning to Marathon Oil, Ms. Warnica was Executive Vice President, General Counsel, Chief Compliance Officer and Secretary at Alta Mesa Resources, Inc. since 2018.
  • Prior to Alta Mesa, Ms.Warnica served in several positions in the Marathon Oil legal department from 2016 to 2018, including Assistant General Counsel and Assistant Secretary.
  • Prior to Marathon Oil, Ms.Warnica served as Assistant General Counsel and Assistant Secretary at Freeport-McMoRan Oil& Gas (formerly Plains Exploration and Production Company).

Freeport to Apply Minerva Software Platform for Data Analysis at Star Mountains

Retrieved on: 
Monday, November 23, 2020

Freeport recently acquired Quidum Resources which, through its wholly owned subsidiary Highlands Pacic Resources Ltd., controls the Star Mountains project in Papua New Guinea.

Key Points: 
  • Freeport recently acquired Quidum Resources which, through its wholly owned subsidiary Highlands Pacic Resources Ltd., controls the Star Mountains project in Papua New Guinea.
  • "Freeport is committed to embracing new technologies to enhance the understanding of our portfolio of projects beginning with Star Mountains" said Nate Chutas, Senior VP of Operations at Freeport.
  • "We believe that utilizing AI-based, deep-thinking tools such as DRIVER will exponentially hasten our understanding of Star Mountains' true potential."
  • The third study will be a combined 2D and 3D analysis of data collected from the remainder of the Star Mountains claims.

Australia Is Set To See Another Major Gold Rush

Retrieved on: 
Friday, October 30, 2020

The project's goal is to identify and exploit unmined potential gold resources on properties that may contain hundreds of thousands of ounces of gold.

Key Points: 
  • The project's goal is to identify and exploit unmined potential gold resources on properties that may contain hundreds of thousands of ounces of gold.
  • Mentioned in today's commentary includes: Corvus Gold Inc (NASDAQ: KOR), Freeport-McMoRan (NYSE: FCX), Gold Fields (NYSE: GFI), Compania de Minas Buenaventura (NYSE: BVN), Harmony Gold (NYSE: HMY).
  • As the world's second-biggest gold-producing countryright behind China, which is the planet's leading gold producerAustralia has the largest gold reserves on Earth.
  • Corvus Gold Inc (KOR) is a Canadian gold miner with a major presense in the United States, particularly Nevada.