Freeport-Mcmoran Inc Stock Price, News & Analysis

Freeport (NYSE: FCX) named A. Cory Stevens as President and Chief Operating Officer — Americas, effective December 1, 2025. Stevens, who joined Freeport in 1997, currently leads the company's centralized technical organization and will assume responsibility for Americas operations, including engineering, construction, growth projects and operational support.

Josh Olmsted will move to a Senior Advisory role. The company highlighted Stevens' technical and innovation background and its focus on increasing copper production safely and efficiently.

Freeport (NYSE: FCX) posted its third-quarter and nine-month 2025 financial and operating results and supplementary financial data on its Investor Relations website and released a multimedia version on BusinessWire.

FCX plans a conference call on November 18, 2025 to report on the investigation of the September 2025 mud rush incident at the Grasberg Block Cave underground mine and to present a multi-year operational and financial outlook, including for PTFI.

The company reiterated its position as a large, long-lived producer of copper, gold and molybdenum with major operations including Grasberg, Morenci and Cerro Verde; additional information is available on its investor website.

Freeport (NYSE: FCX) announced it will report third-quarter 2025 results on its customary schedule and hold a separate November 2025 conference call to present findings from the September 8, 2025 mud rush incident at the Grasberg Block Cave and a multi-year operational and financial outlook including PT Freeport Indonesia.

Key dates: Q3 2025 earnings release on October 23, 2025 before market open, and the company will file its Form 10-Q by the November 10, 2025 SEC deadline. The November conference call date is to be announced as the investigation, damage assessments and future operating plans progress. A preliminary production-impact assessment issued September 24, 2025 has not changed.

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.