(Reuters) -Freeport-McMoRan on Wednesday declared force majeure at its Grasberg mine in Indonesia and said it is expecting consolidated sales to be lower for copper and gold in the third quarter, ...
The Grasberg minerals district in Indonesia is home to one of the largest deposits of copper and gold globally.
Timeline reaffirmed: Freeport maintains full Grasberg production will be restored by end-2027, disputing reports of a 2028 restart. Setback background: A September mudslide killed seven workers and ...
Fri, April 24, 2026 at 3:48 PM UTC Morgan Stanley downgraded Freeport-McMoRan (NYSE:FCX) to Equal Weight from Overweight and cut its price target to $66 from $70, pointing to a slower production ramp ...
LONDON, Sept 30 (Reuters) - Metals analysts are cutting their estimates of global copper supplies for this year and next after an accident at the giant Grasberg mine dramatically tightened the outlook ...
Freeport Indonesia has adjusted the "production recovery" schedule at its ​Grasberg Block Cave (GBC) underground copper mine, ...