News

This is the second in a two-part series on the Clifton-Morenci District. Read the first part at online at tinyurl.com/morenci Although Phelps Dodge increased ...
A major mining operation in Eastern Arizona plans to cut its work force in half in another round of layoffs since the bottom fell out of the copper market. Freeport-McMoRan Copper & Gold announced ...
Phelps Dodge, the mining company that controlled Morenci, ended segregation in 1969. Then it found copper ore underneath the town. The mine stretched and sprawled, reaching homes and storefronts ...
Freeport-McMoRan (NYSE:FCX) is selling a 13 percent ownership interest in its Morenci Mine to Sumitomo Metal Mining Co., Ltd. (SMM) for $1.0 billion in cash. Morenci is an open-pit, copper mine ...
It's hard to imagine the scale of the Morenci Mine in the southeast portion of the state, but you can get really close to it. Literally. Take a drive along U.S. Highway 191, and one of the world's ...
Freeport-McMoRan (FCX) will be selling a 13% ownership interest in its Morenci mine to Sumitomo Metals for a consideration of $1 billion. The Morenci stake sale will help FCX bring down its debt ...
Morenci is the largest copper mine in North America — about the size of Brooklyn. Between processing facilities and warehouses, lizards and organ-pipe cacti bask in blazing sunlight. The waste ...
Freeport FCX has wrapped up the sale of a 13% interest in its Morenci unincorporated joint venture to its Japan-based partner, Sumitomo Metal Mining Co., Ltd. (“SMM”) for $1 billion in cash. The deal ...
McMoRan's mine in Morenci. Unlike most U.S. roads, driving on roads within the mine is required to be on the left. The reason ...
Feb 15 (Reuters) - Freeport-McMoRan said it would sell a 13 percent stake in its Morenci joint venture to Sumitomo Metal Mining Co Ltd, Japan's second-biggest copper producer, for $1 billion in cash.
TOKYO, Jan 15 (Reuters) - Sumitomo Corp and Sumitomo Metal Mining Co agreed to participate in a $1.7 billion expansion at Freeport-McMoRan Copper & Gold Inc's Morenci mine in Arizona to increase ...
Freeport-McMoRan Inc. FCX revealed that it completed its previously announced sale of a 13 percent stake in its Morenci unincorporated joint venture to Sumitomo Metal Mining Co. Ltd. (SMM ...