Richard C Adkerson Net Worth is117.5 $Million
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Company Logo: Image:Freeport McMoRan.svg
Type: Public company
Traded As: FCX, S&P 500
Foundation: 1912
Location City: Phoenix, Arizona
Location Country: United States
Key People: '''Jim Bob Moffett''',
Area Served: Worldwide
Industry: Metals and Mining
Products: Copper, Molybdenum
Revenue: operating income
Net Income: assets
Equity: {{increase}} United States dollar 12.504 billion (2010)
Num Employees: 29,700 - June 2011
Homepage: []
Intl: yes
Freeport-McMoRan Copper & Gold Inc., (FMCG, NYSE: FCX) often called simply Freeport, is one of the world's largest producers of copper and gold. Its headquarters are located in the Freeport-McMoRan Center in downtown Phoenix, Arizona. Freeport is the largest publicly traded copper and molybdenum producer in the world. It mines and mills ores containing copper, gold, molybdenum and silver for the world market. Richard C. Adkerson is President and Chief Executive Officer of Freeport and James R. Moffett is the company's Chairman.
It was formerly based in New Orleans, Louisiana but moved its headquarters to Phoenix, Arizona, after acquiring copper producer Phelps Dodge in 2007. In addition to Phelps Dodge, its subsidiaries include PT Freeport Indonesia, PT Irja Eastern Minerals and Atlantic Copper, S.A.
McMoRan Exploration Company (NYSE: MMR) is a separately traded firm with some shared management with Freeport-McMoRan Copper & Gold Inc. Richard C. Adkerson and James R. Moffett are co-chairmen of McMoRan Exploration. McMoRan Exploration, an oil and gas exploration and production firm based in New Orleans, Louisiana, was created in 1998 by the merger of McMoRan Oil & Gas and Freeport-McMoRan Sulphur. In 2008, McMoRan Exploration acquired the famed Blackbeard offshore prospect in the Gulf of Mexico, that Exxon Mobil Corp. abandoned in 2006 after drilling a 30,000-foot (9,100 m) dry hole. As of mid-2008, McMoRan Exploration's Blackbeard well is below 32,550 feet (9,920 m), the deepest oil exploration well ever recorded.
The company was founded as the Freeport Sulphur Company in 1912, and the company founded Freeport, Texas that same year, near its new sulphur mines, then the largest in the world. Freeport pioneered mining sulphur by the Frasch Process at mines along the US Gulf Coast. Freeport Sulphur began to diversify in 1931, purchasing manganese deposits in Oriente Province, Cuba. The company produced nickel during WW2, and potash in the 1950s. In 1955, Freep

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Richard C Adkerson Latest News

On the Move: New hires, promotions, recognition

He has served as the college’s assistant director of development since mid-2014. He works to secure major gifts for this academic unit and its Richard C. Adkerson School of Accountancy. A Hattiesburg native, Harrington has two degrees from MSU ...
Posted: November 28, 2017, 12:31 pm

Mining company CEO buys Sun Ranch near Yellowstone Park

According to information filed with the Secretary of State's office, Sun Ranch Partners is managed by Richard C. Adkerson, CEO of Arizona-based Freeport-McMoRan Copper & Gold. It was unclear how much Adkerson paid for the property, which was listed at $42 ...
Posted: February 1, 2010, 10:25 pm

How to keep your accountant accountable

“Automated processes, like point-of-sale systems, make hand recording journal entries a quaint line drawing in an antique book of an employee with a quill pen,” said Dr. Noel Addy, accounting professor in the Richard C. Adkerson School of Accountancy ...
Posted: November 28, 2017, 6:00 pm
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