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The mine was started as the Chino Copper Company in 1909 by mining engineer John M. Sully and Spencer Penrose, [1] [2] [3] and is currently owned and operated by Freeport-McMoRan Inc. subsidiaries. The area where the mine is located is at an average elevation of 5,699 feet (1,737 m).
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 , a major copper producer and operates the world's largest gold mine , the Grasberg mine in Papua, Indonesia .
Tyrone is located 5 miles (8.0 km) northeast of the original town of Tyrone, which was destroyed by mining operations. [2] The townsite was built by the Phelps Dodge mining company (now Freeport-McMoRan) to house miners. Between 1968 and 1972, there were 320 homes built; four or five more have been added since then.
PHOENIX & HOUSTON & NEW ORLEANS--(BUSINESS WIRE)-- Freeport-McMoRan Copper & Gold Inc. (NYS: FCX) , Plains Exploration & Production Company (NYS: PXP) and McMoRan Exploration Co. (NYS: MMR ...
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On Monday, March 19, 2007, Phelps Dodge Corporation was acquired by Freeport-McMoRan (NYSE: FCX), creating the world's largest publicly traded copper company, with 25,000 employees at acquisition. At the time of its acquisition in 2007, Phelps Dodge Corporation had large copper mining operations in Bagdad , Morenci , Sahuarita , Safford and ...
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