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Freeport-McMoran Copper & Gold (NYSE: FCX) — Company Overview, News & Financial Data

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FCX Freeport-McMoran Copper & Gold
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Company profile

Freeport-McMoran Copper & Gold

Freeport-McMoran Copper & Gold is a global mining company engaged in the exploration, extraction, and processing of mineral resources. The company's portfolio primarily includes copper, gold, and molybdenum deposits located across North America, South America, and Indonesia. Major operating assets encompass open-pit and underground mining complexes such as Morenci in Arizona, Cerro Verde in Peru, El Abra in Chile, and the Grasberg minerals district in Papua, Indonesia. In addition to mining operations, the company conducts downstream smelting and refining activities. Its produced metals are supplied globally for industrial manufacturing, construction, electrical infrastructure, and clean energy applications.

Snapshot

Public USOwnership
1912Year founded
~29,000Employees
Phoenix, United StatesHead office
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Global footprint

Operations

Products and/or services of Freeport-McMoran Copper & Gold

  • North American Copper Mining: Major open pit copper mining operations located across Arizona and New Mexico include the Morenci, Bagdad, Safford, Lone Star, Sierrita, Miami, Chino, and Tyrone facilities, producing copper concentrate, electrowon copper cathodes, and molybdenum byproduct.
  • Indonesian Underground Mining Complex: The Grasberg minerals district in Central Papua features extensive underground block cave mining operations that extract high-grade copper ore, yielding significant volumes of copper concentrate along with substantial quantities of associated gold and silver.
  • South American Copper Mining: Open pit mining and mill recovery assets in South America comprise majority-owned copper operations at Cerro Verde in Peru and El Abra in Chile, supplying copper concentrates and electrowon cathodes to global metal markets.
  • Primary Molybdenum Production: Dedicated molybdenum mining and conversion operations in Colorado include the Henderson underground mine and Climax open pit mine, producing molybdenum concentrate and refined chemical products for use in high-strength steel alloys and industrial applications.
  • Downstream Copper Smelting and Refining: Downstream processing infrastructure comprises copper smelter and refinery operations in Miami, Arizona, as well as integrated copper smelting, refining, and precious metals recovery facilities located in Gresik, East Java, producing refined copper cathodes and gold.
  • Leach Recovery and Mine Expansion Initiatives: Technical processing operations focus on advanced leach technology to extract copper from existing stockpiles, alongside brownfield expansion programs aimed at expanding milling capacity and mine life at major North American and South American sites.

Freeport-McMoran Copper & Gold executive team

  • Ms. Kathleen Lynne QuirkCEO, President & Director
  • Ms. Maree E. RobertsonExecutive VP & CFO
  • Mr. Stephen T. HigginsExecutive VP & Chief Administrative Officer
  • Mr. Douglas N. Currault IIExecutive VP & General Counsel
  • Ms. Ellie L. MikesVP & Chief Accounting Officer
  • Bertrand L. Odinet IIVP, Chief Information Officer & Chief Innovation Officer
  • Mr. David JointVice President of Investor Relations
  • Pamela Q. MassonVP & Chief Human Resources Officer
  • Mr. W. Russell KingSenior Vice President of International Relations & Federal Government Affairs
  • Mr. A. Cory StevensPresident & COO of Freeport Americas