Welcome to our dedicated page for Freeport-Mcmoran news (Ticker: FCX), a resource for investors and traders seeking the latest updates and insights on Freeport-Mcmoran stock.
Freeport-McMoRan Inc (FCX) delivers essential natural resources through its global mining and energy operations. This dedicated news hub provides investors and industry observers with authoritative updates on FCX's copper production, gold mining activities, and oil & gas developments.
Track official press releases and verified news covering quarterly earnings, operational milestones, and strategic initiatives. Our curated collection includes updates from FCX's key assets like the Grasberg copper-gold complex in Indonesia, Cerro Verde mine in Peru, and North American energy operations.
Discover timely information on production volumes, sustainability efforts, and market positioning. The resource is designed for efficient monitoring of commodity price impacts, technological advancements in mineral recovery, and regulatory developments affecting global operations.
Bookmark this page for streamlined access to FCX's evolving story in copper markets and energy sectors. Return regularly to stay informed about this industry leader's role in meeting global demand for critical industrial materials.
Freeport (NYSE: FCX) has released its first-quarter 2025 financial and operating results on its investor relations website. The company will host a conference call with securities analysts at 10:00 a.m. Eastern Time to discuss the quarterly results, with a webcast replay available through May 23, 2025.
FCX is a leading international metals company focused on copper production, with headquarters in Phoenix, Arizona. The company operates major assets including the Grasberg minerals district in Indonesia, the Morenci minerals district in Arizona, and the Cerro Verde operation in Peru. These facilities contain significant proven and probable reserves of copper, gold, and molybdenum.
Freeport (FCX) has released its first-quarter 2025 operational update, reporting that consolidated production from global mining operations met expectations. However, PT Freeport Indonesia (PTFI) experienced timing delays in shipments, leading to partial production deferral. After receiving regulatory approvals on March 17, 2025, PTFI resumed concentrate exports from Indonesia, which were temporarily restricted after December 2024.
The company expects Q1 2025 consolidated copper sales to align with January guidance of 850 million pounds, while gold sales are projected to be approximately 100,000 ounces below the initial guidance of 225,000 ounces. Unit net cash costs are estimated about 5% higher than the January guidance of $2.05 per pound of copper, mainly due to lower by-product credits from delayed gold shipments. FCX's consolidated average realized copper price for Q1 2025 is expected to be $4.40 per pound, exceeding the LME average quarterly settlement price of $4.24.
Freeport (NYSE: FCX) has declared quarterly cash dividends totaling $0.15 per share on its common stock, payable on May 1, 2025. The dividend comprises a base dividend of $0.075 and a variable dividend of $0.075 per share, aligned with the company's performance-based payout framework. Shareholders of record as of April 15, 2025, will be eligible for the dividend payment.
FCX operates as a leading international metals company focused on copper production, with significant operations including the Grasberg minerals district in Indonesia, the Morenci minerals district in Arizona, and the Cerro Verde operation in Peru. The company maintains substantial proven and probable reserves of copper, gold, and molybdenum across its geographically diverse assets.
Freeport (NYSE: FCX) has released its fourth-quarter and year ended 2024 financial and operating results on its Investor Relations website. The company will host a conference call with securities analysts at 10:00 a.m. Eastern Time to discuss the results, which will be webcast along with slides. A replay will be available through February 14, 2025.
FCX is a leading international metals company focused on copper production, with operations including the Grasberg minerals district in Indonesia, the Morenci minerals district in Arizona, and the Cerro Verde operation in Peru. The company is among the world's largest publicly traded copper producers, with significant reserves of copper, gold, and molybdenum.
Freeport (NYSE: FCX) has declared quarterly cash dividends of $0.15 per share on its common stock, payable on February 3, 2025, to shareholders of record as of January 15, 2025. The dividend consists of a base dividend of $0.075 per share and a variable dividend of $0.075 per share, aligned with the company's performance-based payout framework. FCX operates as a leading international metals company, primarily focused on copper production, with significant operations in Indonesia, North America, and South America, including the Grasberg minerals district and large-scale operations in Arizona and Peru.
Freeport (NYSE: FCX) has released its third-quarter and nine-month 2024 financial and operating results on its website's Investor Relations page. FCX will host a conference call with securities analysts to discuss the results, which will be webcast along with slides on the company's website. A replay of the webcast will be available through November 15, 2024.
FCX is a leading international metals company focused on copper production. It operates large, long-lived assets with significant reserves of copper, gold, and molybdenum. The company's portfolio includes the Grasberg minerals district in Indonesia, as well as major operations in North and South America, such as the Morenci minerals district in Arizona and the Cerro Verde operation in Peru.
Freeport (NYSE: FCX) has declared quarterly cash dividends of $0.15 per share on its common stock, payable on November 1, 2024, to shareholders of record as of October 15, 2024. The dividend consists of a $0.075 base dividend and a $0.075 variable dividend, aligning with FCX's performance-based payout framework. The Board's decision to pay dividends considers various factors, including financial results, cash requirements, and global economic conditions.
FCX is a leading international metals company focused on copper production, with significant operations in Indonesia, North America, and South America. The company operates large, long-lived assets with substantial reserves of copper, gold, and molybdenum, including the Grasberg minerals district in Indonesia and the Morenci minerals district in Arizona.
Freeport-McMoRan (NYSE: FCX) has released its second-quarter and six-month 2024 financial and operating results on its website. The company will host a conference call with securities analysts at 10:00 a.m. Eastern Time to discuss the results. FCX, headquartered in Phoenix, Arizona, is a leading international metals company focused on copper production. It operates large, long-lived assets with significant reserves of copper, gold, and molybdenum.
Key assets include the Grasberg minerals district in Indonesia, one of the world's largest copper and gold deposits, as well as significant operations in North America and South America, including the Morenci minerals district in Arizona and the Cerro Verde operation in Peru. FCX aims to be a responsible copper producer, contributing positively to the global economy.
Freeport (NYSE: FCX) has completed construction of its new Manyar smelter in Indonesia and commenced commissioning operations, with full production expected by the end of 2024. The Indonesian government has approved PT Freeport Indonesia's (PT-FI) export license for copper concentrates and anode slimes through December 2024.
However, FCX anticipates a 5% and 30% decline in Q2 2024 sales for copper and gold respectively, compared to April 2024 guidance, due to a delay in the export license. Additionally, consolidated unit net cash costs are expected to rise to $1.77 per pound of copper from the previously estimated $1.57, primarily due to lower by-product credits. FCX expects its average copper realization for Q2 to be approximately $4.45 per pound.
The company is reviewing its sales guidance but does not foresee a material change to its annual 2024 copper volume guidance. A change in mine sequencing at the Grasberg Block Cave may slightly reduce expected 2024 gold sales to 1.8 million ounces from previous estimates of 2.0 million ounces. FCX will report its Q2 2024 earnings on July 23, 2024.
Freeport-McMoRan (NYSE: FCX) announced a quarterly cash dividend of $0.15 per share, payable on August 1, 2024, to shareholders recorded by July 15, 2024. The dividend includes a base of $0.075 and a variable $0.075 based on performance. Freeport-McMoRan, a leading copper producer headquartered in Phoenix, operates major assets including the Grasberg minerals district in Indonesia and the Morenci district in Arizona.
