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Grasberg News
Freeport-McMoRan said on Monday that it still expects Indonesia's Grasberg copper and gold mine to resume full production by the end of 2027, reiterating a plan outlined last month and pushing back...
PT Freeport Indonesia pushed back the full restart of its giant Grasberg copper mine by a year, worsening supply constraints that are already impacting the global market for the metal. The complex...
Freeport-McMoRan, the world's largest publicly traded copper producer, said on Thursday it expects a slower-than-anticipated recovery at its flagship Grasberg mine in Indonesia after a fatal flood...
The global refined copper market is expected to shift to a surplus of 96 000 metric tons in 2026, reversing a previously forecast deficit of 150 000 tons, due to slower demand growth and increased...
Copper miner Freeport-McMoRan reported a better-than-expected fourth-quarter profit on Thursday, as higher copper and gold prices offset a production drop after an accident at Indonesia's Grasberg...
Indonesian military rescued 18 workers at gold and copper miner Freeport Indonesia that had been surrounded by armed rebels for three days at a company outpost in the insurgency-plagued Papua...
BMI – a Fitch Solutions company – has maintained its 2026 average yearly copper price forecast at $11 000/t, as tightening supply and positive sentiment towards demand from sectors linked to the...
Copper is closing in on the $12 000 a metric ton mark as expectations of soaring demand from data centres that power artificial intelligence and tight supplies collide with shortages outside the...
Copper producer Freeport-McMoRan would pursue an acquisition if "the stars and the moon" aligned, but is not counting on deals to grow and is focused on developing existing assets, its CEO said on...
UBS expects copper prices to rise into next year, citing tightening supply from persistent mine disruptions and strong long-term demand from electrification and clean-energy investment, the bank...
Freeport Indonesia plans to produce 478 000 metric tons of copper cathode and 26 tons of gold in 2026, lower than its initial plan due to an ongoing recovery process following a mud flow accident,...
Freeport-McMoRan said on Tuesday it plans to restore production at Indonesia's Grasberg copper and gold mine by July after a fatal incident forced operations to halt two months ago. Seven workers...
Freeport Indonesia said on Friday that an investigation into a mud flow that killed seven workers at its Grasberg copper and gold mine has ended and the company has received improvement...
China's CMOC Group will spend $1.08-billion to expand its KFM copper mine in the Democratic Republic of Congo to add about 100 000 metric tons of output per year, it said on Friday. It will launch...
Freeport-McMoRan posted a better-than-expected third-quarter profit on Thursday, as higher copper prices offset lower production after the company suspended operations at its flagship Grasberg mine...
Codelco's copper losses from the accident at its El Teniente mine are likely to be 45% higher than previously estimated, but Chairman Maximo Pacheco still expects the world's largest copper miner...
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