PHOENIX--(BUSINESS WIRE)--Freeport (NYSE:FCX) announced today that its Board of Directors approved a $4.5 billion expansion and modernization program for its wholly owned Bagdad copper and molybdenum operation in northwest Arizona. The brownfield project is designed to maximize the full potential of the resource and is expected to more than double Bagdad's mining and milling rates. This investm...
The earnings bonanza in the mining sector continues as one of the world's largest copper and gold producers reported better-than-expected third-quarter earnings, with higher metal prices offsetting rising production costs and a sharp decline in gold sales.
PHOENIX--(BUSINESS WIRE)--Freeport (NYSE: FCX) today announced that it has posted its third-quarter and nine-month 2026 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases. As previously indicated on its website, FCX will host a conference call today with securities analysts at 10:00 a.m. Eastern Time t...
Deutsche Bank believes the surge in copper prices in its early inning only. According to the investment firm, aggressive demand from artificial intelligence (AI) and electric vehicles (EVs) could drive copper prices up to $10 a pound, or $22,050 per metric ton.
PHOENIX--(BUSINESS WIRE)--Freeport (NYSE: FCX) today provided an update on its third-quarter 2026 operating results. CONSOLIDATED RESULTS Third-quarter 2026 consolidated copper production of approximately 830 million pounds was in line with expectations, with slightly better results from international operations offsetting slightly lower production in the U.S. Third-quarter 2026 consolidated go...
The latest rebalance of VettaFi's Thematic Rotation Quality Momentum Screened Index (TQRMS), tracked by the NBI Thematic Rotation ETF (NTHM:TSX), reshapes the portfolio around a new set of themes. GLP-1 weight loss drug manufacturers and midstream energy join the index, while battery technology & storage and software-as-a-service (SaaS) exit.
PHOENIX--(BUSINESS WIRE)--Freeport (NYSE: FCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX's common stock payable on November 2, 2026, to shareholders of record as of October 15, 2026. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework...
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