Freeport-McMoRan

other products. With this alliance contract, Harjojidanto’s company will supply the mine company with utilities, limestone, and petroleum products, in exchange for 10% stake of the property and $1 million USD per month. On November 1996, Bre-X made a deal with Barrick Gold Corporation to help develop the property. However, the deal fell apart months after, having Mahammed Hasan, also known as Bob, to step in and help assist Bre-X into negotiating a deal with Freeport McMoRan Copper & Gold Inc. of New Orleans. The deal was for Hasan to get 30% of the ownership stake, Bre-X gets 45%, and the rest is split between the government and Freeport. Later on, Freeport McMoRon discover that the core sampling and Bre-X’s results does not match. Resulting, Mr. De Guzman to attend a mining conference in Toronto to answers some questions on this issue. As Mr. De Guzman was travelling on a helicopter to Busang from Toronto; he suddenly disappears from the helicopter and his body was discovered four days later. (Waldie, 2009). Afterward, Freeport confirms that the amount of gold at Busang property was insignificant and does not match to the amount that Bre-X has stated. Bre-X respond back saying that the estimates they have made may be a little too much. Investors began to panic and start selling off all their shares of the mining company, overloading the Toronto Stock Exchange’s (TSE) computers twice. The share price of Bre-X drop to $2.50 per share and investors around the globe began…

missions and projects wouldn’t be able to be accomplished. Companies try to get their point across or get their views taken into account by doing various tactics which include lobbying, or donating money to the candidate that holds the same views. Oil firm’s donations to certain parties are shown below: Contributor Amount Koch Industries $4,381,714 Stewart & Stevenson $3,025,600 Hunt Companies $2,627,100 Chief Oil & Gas $2,445,493 Western Refining $1,875,760 Chevron Corp $1,792,075…

Francis Quinn reinforces this through stating “Most recently, Freeport-McMoRan and Intel have made changes to CEO compensation with overall financial and sustainability performance in mind.” CEO compensation varies in a numerous different ways from salary, stock options, performance based bonuses. While some of these metrics they are being measured on are safety and environment records according to Ross Kerber at Reuters. So we are going to evaluate a long term and short term compensation for…

because the recklessness of assaults that came with the disaster “are given extra muscle by industry lobbyists who, while greenwashing with one hand, campaign with the other hand to further skew the terms of trade, weakening whatever frail environmental, labor, and human rights, and economic regulations stand between them and a ‘freer’ market” (Nixon, 2011). Immediately following the oil spill consumers banded together in ‘punishing’ BP for the event by not buying as much oil; this avoidance…

services to adults and children with intellectual and development disabilities. The following day, the organization re-posted the job and hired a male employee. They told that she should pursue other options. To avoid the situation, they should’ve kept her employed. Since her she would not be doing any hard-physical work. Her title is a program services coordinator. “A health care provider, of all places, should understand that denying a job to an applicant just because she’s pregnant is…