Search
Email a friend
  • To include more than one recipient, please separate each email address with a semi-colon ';', to a maximum of 5

  • By submitting this article to a friend we reserve the right to contact them regarding AMM subscriptions. Please ensure you have their consent before giving us their details.


Freeport co-founder ‘Mack’ Rankin passes away at 83

Aug 16, 2013 | 06:35 PM |

Tags  Freeport-McMoran, Mack Rankin,


NEW YORK — B.M. “Mack” Rankin, co-founder, vice chairman and member of the board of directors of Freeport-McMoRan Copper & Gold Inc., died Aug. 14 from cancer, the mining company said. He was 83.

Rankin co-founded McMoRan Oil & Gas Co. in 1969, which merged with Freeport Minerals Co. in 1981 to form Freeport-McMoRan Inc., the Phoenix, Ariz.-based company said Aug. 15.

Rankin was a member of several charitable organizations and was heavily involved in the natural resources industry. He received the Texas Oil & Gas Association Distinguished Service Award in 2010 and previously served as chairman of the U.S. Oil & Gas Association.

A Dallas native, Ranking was a member of the University of Texas McCombs School of Business Hall of Fame.

“Mack has been a great partner and advisor for many years,” chairman of the board James R. Moffett said in a statement. “Our board and organization will miss him greatly and our thoughts and prayers are with his wife, Ashley, his son, Richard, and the entire Rankin family during this time.”




Latest Pricing Trends Year Over Year

Poll

When will molybdenum prices recover? With prices down almost 50 percent year on year as of mid-June, when do you think they will return to prior levels?

In the third quarter
In the fourth quarter
In 2016
In 2017
In 2018 or beyond
Never


View previous results