Freeport-McMoRan slips on lower Q3 copper, gold sales forecast
ReutersSep 24, 2025 12:29 PM
Shares of mining company Freeport-McMoRan FCX.N down 9.1% at $41.25 premarket
Co expects consolidated sales forecast in Q3 to be about 4% lower for copper and around 6% lower for gold than July 2025 estimates
In July, it had previously forecasted Q3 consolidated sales of 1 billion pounds of copper and 350 thousand ounces of gold
FCX also confirms injury to two members in the mud rush incident at the Grasberg Block Cave mine in Indonesia
As of last close, FCX shares up 19.12% YTD
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