Freeport-McMoran
Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona. The company is the world's largest producer of molybdenum, is a major copper producer and operates the world's largest gold mine, the Grasberg mine in Papua, Indonesia. History The current company was created in 1981 through the merger of Freeport Minerals, formerly Texas Freeport Sulphur Company and McMoRan Oil & Gas Company, becoming Freeport-McMoRan Inc. Early history Freeport Sulphur Company was founded July 12, 1912 by the eldest son of Svante Magnus "E.M." Swenson, banker Eric Pierson Swenson, with a group of investors, to develop sulfur mining at Bryan Mound salt dome, along the US Gulf Coast.''Poor's'' ''Poor's Government and Municipal Supplement'', Poor's Publishing Company, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Grasberg Mine
The Grasberg mine has one of the largest reserves of gold and copper in the world. It is located in Mimika Regency, Central Papua, Indonesia near Puncak Jaya. It is operated by PT Freeport Indonesia (PTFI, ''see below''), a joint venture between the government of Indonesia, government of Papua, and American company Freeport-McMoRan (FCX). FCX operates under a Contract of Work (CoW) agreement with the government of Indonesia, which allows Freeport to conduct exploration, mining and production activities in a area (Block A). It also conducts exploration activities in a area (Block B). At 31 December 2020 Grasberg had proven and probable mineral reserves of 33.4 billion pounds (15.1 million tonnes) of copper, 28.3 million ounces of gold and 130.6 million ounces of silver. Grasberg has five mining operations: Grasberg open pit, Grasberg Block Cave underground mine, Deep Ore Zone underground mine, Deep Mill Level Zone underground mine, and Big Gossan underground mine. The 202 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Freeport-McMoRan Center
Freeport-McMoRan Center (formerly One Central Park East) is a highrise located in Downtown Phoenix, Arizona. It is located adjacent to Arizona State University's Downtown campus. Upon completion in 2009, the building was the first high-rise office tower to open in Downtown Phoenix in nearly eight years. It is named for mining company Freeport-McMoRan whose headquarters are located in the building. History The tower was originally designed as a multi-use complex made up of the office tower with high-rise condominiums and academic space for the Arizona State University Downtown Phoenix campus. The plan was modified in 2006 because of money constraints and ASU's tight timetable to open the School of Journalism building by August 2008. The project's demise forced developers to redesign the project so they could move forward on the most-needed component, the office tower, while still leaving room on the site to develop ASU space and residential housing, should either be needed in t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Richard Adkerson
Richard Adkerson is the current president, CEO and vice chairman of Freeport-McMoRan Copper & Gold Inc. with an established career in the mining sector. He has been in this role since December 2003. He is also known for his past role as chairman of the International Council on Mining and Metals. Education Adkerson graduated with highest honours from Mississippi State University with a bachelor's degree in accounting in 1970. He attended the six-week advanced management program at Harvard Business School. Career Adkerson started out as an accountant in the unpredictable oil and gas business throughout the 1970s before being offered his first role at Freeport in 1989. He was a partner and managing director at Arthur Andersen where he managed the company’s oil and gas industry division. Between 1976 and 1978, he was a professional accounting fellow with the Securities and Exchange Commission in Washington, D.C. Adkerson was the past chairman of the International Council on Mini ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Phoenix, Arizona
Phoenix ( ; nv, Hoozdo; es, Fénix or , yuf-x-wal, Banyà:nyuwá) is the capital and most populous city of the U.S. state of Arizona, with 1,608,139 residents as of 2020. It is the fifth-most populous city in the United States, and the only U.S. state capital with a population of more than one million residents. Phoenix is the anchor of the Phoenix metropolitan area, also known as the Valley of the Sun, which in turn is part of the Salt River Valley. The metropolitan area is the 11th largest by population in the United States, with approximately 4.85 million people . Phoenix, the seat of Maricopa County, has the largest area of all cities in Arizona, with an area of , and is also the 11th largest city by area in the United States. It is the largest metropolitan area, both by population and size, of the Arizona Sun Corridor megaregion. Phoenix was settled in 1867 as an agricultural community near the confluence of the Salt and Gila Rivers and was incorporated as ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Papua, Indonesia
Papua is a province of Indonesia, comprising the northern coast of Western New Guinea together with island groups in Cenderawasih Bay to the west. It roughly follows the borders of Papuan customary region of Tabi Saireri. It is bordered by the sovereign state of Papua New Guinea to the east, the Pacific Ocean to the north, Cenderawasih Bay to the west, and the provinces of Central Papua and Highland Papua to the south. The province also shares maritime boundaries with Palau in the Pacific. Following the splitting off of twenty regencies to create the three new provinces of Central Papua, Highland Papua, and South Papua on 30 June 2022, the residual province is divided into eight regencies (''kabupaten'') and one city (''kota''), the latter being the provincial capital of Jayapura. The province has a large potential in natural resources, such as gold, nickel, petroleum, etc. Papua, along with four other Papuan provinces, has a higher degree of autonomy level compared to other ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Freeport Sulphur No
Freeport, a variant of free port, may refer to: Places United States *Freeport, California *Freeport, Florida * Freeport, Illinois *Freeport, Indiana *Freeport, Iowa *Freeport, Kansas * Freeport, Maine, a New England town **Freeport (CDP), Maine, the main village in the town *Freeport, Michigan *Freeport, Minnesota * Freeport, New York *Freeport, Ohio * Freeport, Pennsylvania * Freeport, Texas * Freeport, West Virginia Elsewhere *Freeport, Bahamas * Freeport, Nova Scotia, Canada *Freeport Tortuga, Haiti *Freeport, Trinidad and Tobago Railway stations *Freeport (LIRR station), a Long Island Railroad Station in Freeport, New York, U.S.A. *Braintree Freeport railway station, a railway station in Braintree, Essex, England *Freeport station (Illinois), a proposed railway station in Freeport, Illinois, U.S.A. *Freeport station (Maine), an Amtrak station in Freeport, Maine, U.S.A. Arts, entertainment, and media * Freeport, name of several space stations in the video game ''Freelancer ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Salt Dome
A salt dome is a type of structural dome formed when salt (or other evaporite minerals) intrudes into overlying rocks in a process known as diapirism. Salt domes can have unique surface and subsurface structures, and they can be discovered using techniques such as seismic reflection. They are important in petroleum geology as they can function as petroleum traps. Formation Stratigraphically, salt basins developed periodically from the Proterozoic to the Neogene. The formation of a salt dome begins with the deposition of salt in a restricted basin. In these basins, the outflow of water exceeds inflow. More concretely, the basin loses water through evaporation, resulting in the precipitation and deposition of salt. While the rate of sedimentation of salt is significantly larger than the rate of sedimentation of clastics, it is recognized that a single evaporation event is rarely enough to produce the vast quantities of salt needed to form a layer thick enough for the forma ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Banker
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sulfur
Sulfur (or sulphur in British English) is a chemical element with the symbol S and atomic number 16. It is abundant, multivalent and nonmetallic. Under normal conditions, sulfur atoms form cyclic octatomic molecules with a chemical formula S8. Elemental sulfur is a bright yellow, crystalline solid at room temperature. Sulfur is the tenth most abundant element by mass in the universe and the fifth most on Earth. Though sometimes found in pure, native form, sulfur on Earth usually occurs as sulfide and sulfate minerals. Being abundant in native form, sulfur was known in ancient times, being mentioned for its uses in ancient India, ancient Greece, China, and ancient Egypt. Historically and in literature sulfur is also called brimstone, which means "burning stone". Today, almost all elemental sulfur is produced as a byproduct of removing sulfur-containing contaminants from natural gas and petroleum.. Downloahere The greatest commercial use of the element is the producti ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Gulf Coast
The Gulf Coast of the United States, also known as the Gulf South, is the coastline along the Southern United States where they meet the Gulf of Mexico. The coastal states that have a shoreline on the Gulf of Mexico are Texas, Louisiana, Mississippi, Alabama, and Florida, and these are known as the ''Gulf States''. The economy of the Gulf Coast area is dominated by industries related to energy, petrochemicals, fishing, aerospace, agriculture, and tourism. The large cities of the region are (from west to east) Brownsville, Corpus Christi, Houston, Galveston, Beaumont, Lake Charles, Lafayette, Baton Rouge, New Orleans, Gulfport, Biloxi, Mobile, Pensacola, Navarre, St. Petersburg, and Tampa. All are the centers or major cities of their respective metropolitan areas and many of which contain large ports. Geography The Gulf Coast is made of many inlets, bays, and lagoons. The coast is intersected by numerous rivers, the largest of which is the Mississippi River. Much of t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |