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Dear DRIP Investors,


We have been helping people enroll in DRIPs since 1986. Many of our subscribers have written to express their thanks and describe the outcome of their DRIP investments. It has been a source of pride and our great pleasure to have assisted in your efforts to secure financial security.


However, after 35 years we have decided to stop fulfilling orders for enrollments after the March cycle. Moneypaper, via the directinvesting.com website, will continue to provide information about DRIPs and the enrollment process.


As always, good luck,

Vita Nelson


 

 

 

 

Freeport-McMoRan Inc. (FCX)

Available from the Temper Enrollment Service: No


Last Update On: 01/07/2021:

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona Tyrone and Chino in New Mexico and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico. As of December 31, 2019, it estimated consolidated recoverable proven and probable mineral reserves totaled 116 billion pounds of copper, 29.6 million ounces of gold, and 3.58 billion pounds of molybdenum, as well as operated approximately 210 wells. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was founded in 1987 and is headquartered in Phoenix, Arizona. **Taken from Yahoo Finance**

Industry: Mining
Minimum Investment: $50.00
Maximum Investment: $120,000/year
Shares to qualify: 1
Recent Price: 35.88
Investing Fee: $5+6¢/sh.
Fee for Dividends: 5% of amount reinvested up to max $3

! = Company pays fees

Information is based on an annual survey and updated when company changes become available.

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