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. reports news centered on large-scale copper mining, byproduct gold and molybdenum production, and operating results from its global asset portfolio. The company’s recurring updates cover the Grasberg minerals district in Indonesia, the Morenci minerals district in Arizona, and the Cerro Verde operation in Peru, along with quarterly financial and operating results.
Company announcements also include common-stock dividend declarations under FCX’s base and variable payout framework, updates on Grasberg operating conditions and restart planning, copper growth initiatives, Indonesian operating-rights matters, and leadership changes within its Americas operations.
Freeport (NYSE: FCX) reported that PT Freeport Indonesia located five remaining team members from the September 8, 2025 mud rush at the Grasberg Block Cave; they were found deceased, bringing the total fatalities to seven. The incident involved a sudden rush of approximately 800,000 metric tons of wet material that entered multiple mine levels. Mining operations in the Grasberg minerals district have been suspended since September 8, 2025. PTFI is conducting a root-cause investigation with external experts, expects completion by year-end 2025, and is coordinating with Indonesian authorities. FCX says there are no updates to its prior preliminary production-impact assessment.
Freeport (NYSE: FCX), a leading international metals company, has declared quarterly cash dividends totaling $0.15 per share on its common stock. The dividend consists of a $0.075 base dividend and a $0.075 variable dividend under the company's performance-based framework.
The dividend will be paid on November 3, 2025, to shareholders of record as of October 15, 2025. FCX, primarily focused on copper production, operates significant assets including the Grasberg minerals district in Indonesia and major operations in North and South America.
Freeport (NYSE: FCX) provided an update on the September 8th mud rush incident at its Grasberg Block Cave mine (GBC) in Indonesia. Two team members were found deceased, with five others still missing. The incident involved approximately 800,000 metric tons of wet material entering the mine, leading to temporary suspension of operations.
The company expects Q3 2025 consolidated sales to be 4% lower for copper and 6% lower for gold than previous estimates. The GBC represents 50% of PTFI's proven and probable reserves and 70% of forecast production through 2029. Production is expected to be insignificant in Q4 2025, with 2026 production potentially 35% lower than pre-incident estimates. Full recovery to pre-incident levels is projected for 2027.
Freeport-McMoRan (NYSE: FCX) provided an update on a serious incident at its PT Freeport Indonesia (PTFI) Grasberg Block Cave mine. Seven contractor team members remain missing following a mud flow incident on September 8, 2025, which blocked access routes in the service level of the mine.
The company has temporarily suspended mining operations in the Grasberg minerals district while rescue efforts continue. Expert teams are working to clear blocked access routes and have drilled into multiple locations, including near a refuge chamber, but have not yet located the missing workers. Indonesian government authorities are on site monitoring rescue operations.
PTFI will conduct a thorough investigation of the incident and evaluate impacts on future plans, including potential revisions to near-term production forecasts.
Freeport-McMoRan (NYSE: FCX) reported a significant incident at its Grasberg Block Cave underground mine in Central Papua, Indonesia. On September 8, 2025, at approximately 10 p.m. local time, a large flow of wet material from a production drawpoint blocked access routes, leaving seven contractor workers trapped but believed to be safe.
The company has temporarily suspended mining operations in the Grasberg minerals district to prioritize the safe evacuation of the affected workers. Crews are actively working to clear the area and provide support to the trapped team members, who were engaged in mine development activities when the incident occurred.
Freeport-McMoRan (NYSE: FCX), a leading international metals company, has announced the release of its second-quarter and six-month 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 results, which will be accompanied by a webcast and slides presentation.
FCX, headquartered in Phoenix, Arizona, is one of the world's largest publicly traded copper producers, 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 focuses on responsible copper production with substantial proven reserves of copper, gold, and molybdenum.
[]Freeport (NYSE: FCX), a leading international metals company, has declared quarterly cash dividends totaling $0.15 per share on its common stock. The dividend consists of a $0.075 base dividend and a $0.075 variable dividend under the company's performance-based framework. The dividend will be paid on August 1, 2025, to shareholders of record as of July 15, 2025.
Freeport, primarily focused on copper production, operates significant assets including the Grasberg minerals district in Indonesia, the Morenci minerals district in Arizona, and the Cerro Verde operation in Peru. The company is one of the world's largest publicly traded copper producers.
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.