News Breaks |
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| September 20, 2012 |
| 07:35 EDT |  | FCX, VALE | Freeport, Vale asked to up royalties to Indonesia to 10%, Jakarta Globe says
As part of the renegotiation of mining contracts in Indonesia, the nation's government is asking miners including Freeport-McMoRan (FCX) and Vale (VALE) to raise their royalty payments to 10%, reported The Jakarta Globe. Freeport Indonesia currently pays a 1% royalty for gold and 3.5% for copper, the report noted. Reference Link |
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News For FCX;VALE From The Last 14 Days Check below for free stories on FCX;VALE the last two weeks. |
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| May 23, 2013 |
| 05:57 EDT | | VALE | Vale, Rio Tinto accused of neglecting displaced Mozambicans, Reuters reports
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| May 22, 2013 |
| 17:21 EDT |  | FCX | Domino's Pizza to replace Plains Exploration in S&P MidCap 400 as of May 30
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| May 21, 2013 |
| 08:28 EDT | | FCX | Plains Exploration announces special $3.00 dividend
The dividend is payable to stockholders as of May 30. The dividend is conditioned upon and will be paid immediately prior to or upon the competition of PXP's merger with Freeport-McMoRan (FCX). The merger is expected to close on May 31, subject to the satisfaction of all conditions to closing. |
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| 07:55 EDT |  | FCX | Freeport McMoRan revised offer should secure merger vote, says Cowen
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| 07:00 EDT | | FCX | Freeport McMoRan added to short-term buy list at Deutsche Bank
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| May 20, 2013 |
| 14:15 EDT | | FCX | Plains shareholders approve Freeport-McMoRan acquisition
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| 09:42 EDT | | FCX | Paulson & Co. issues statement regarding Freeport-Plains merger
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| 07:58 EDT |  | VALE | BofA/Merrill's metals and mining analysts hold analyst/industry conference call
Metals & Mining Analysts discuss the recently held 30th Annual BofAML Global Metals, Mining & Steel Conference on an Analyst/Industry conference call. Relevant companies BHP, RIO, VALE, BNX, CLF, NUE, AA and BTU may be included on the Analyst/Industry conference call to be held on May 20 at 9 am. |
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| 07:41 EDT | | FCX | Freeport says to declare $1.00/share supplemental dividend after Plains deal
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| 07:41 EDT | | FCX | Freeport says plans $1.5B in assets sales after Plains, McMoRan transactions
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| 07:40 EDT | | FCX | Freeport says to declare $1.00/share supplemental dividend after Plains deal
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| 07:35 EDT | | FCX | Plains Exploration declares special $3.00 per share dividend
Plains Exploration (PXP) announced that it has received the approval of Freeport-McMoRan Copper & Gold (FCX) under the merger agreement between the companies for PXP's Board of Directors to declare a special one-time cash dividend of $3.00 per share. Upon receipt of bank waivers under a credit facility that will terminate in connection with the merger, PXP's Board of Directors intends to declare the dividend to PXP stockholders as of May 30, the expected dividend record date. The dividend will be conditioned upon and paid immediately prior to the completion of PXP's merger with Freeport-McMoRan Copper & Gold. |
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| May 19, 2013 |
| 13:37 EDT | | FCX | Death toll mounts at Freeport's Grasberg mine, Bloomberg reports
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| May 16, 2013 |
| 08:12 EDT | | FCX | Freeport, Plains Exploration announce preliminary results of merger election
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| May 15, 2013 |
| 17:18 EDT | | FCX | BP Capital gives quarterly update on stakes
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| May 14, 2013 |
| 07:29 EDT | | FCX, VALE | BofA/Merrill to host a conference
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| May 13, 2013 |
| 07:36 EDT | | FCX | Plains Exploration CEO urges holders to support Freeport McMoRan merger
Plains Exploration (PXP) CEO and Chairman James C. Flores urged shareholders to support the merger with Freeport McMoRan (FCX) in a letter. The letter explained that "The strategic nature of the transaction, including the fact that the combination of the PXP, FCX and McMoRan Exploration businesses is expected to create the largest diversified U.S.-based natural resource company with an enterprise value in the top five among global mining peers, increase geographic diversification of the combined company within the U.S. and increase commodity diversification for the combined company. The scale of the combined company, which will enable it to compete more effectively than either PXP, FCX or MMR on a standalone basis, through increased cash flow and lower cost of capital investment in future development projects, exploration and acquisitions." |
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| May 9, 2013 |
| 14:30 EDT |  | FCX | Options Update; May 9, 2013
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| 08:13 EDT | | FCX | PXP announces support for merger with Freeport-McMoRan
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| 08:02 EDT | | FCX | Freeport McMoRan says agreed terms for Plains Exploration are 'best and final'
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