Established 1835
RESOURCE STOCKS
✕
PRODUCTION

Freeport results miss down to Grasberg

Freeport McMoRan's (US:FCX) 2016 production results have been hit by the ongoing uncertainty at the Grasberg mine in Indonesia but asset sales still helped it wipe over US$8 billion debt from the books.

Alex Hamer
The problem child: Grasberg is still causing problems for Freeport McMoRan

The problem child: Grasberg is still causing problems for Freeport McMoRan

The miner missed guidance and analyst targets for the year and the fourth quarter. It sold 2.11 million tonnes of copper from all operations on guidance of 2.18Mt, and 1.08 million ounces of gold on guidance...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
RESOURCE STOCKS

Northern Territory Copper Project Well Positioned

RESOURCE STOCKS

PolarX Strongly Backed by Gold Major

MOST POPULAR

1
MJ COMMENT

The challenges facing gold miners

2
MINERS

BHP offer could take Anglo American down under

3
BASE METALS

First Quantum cuts debt, reports $159M loss

4
M&A

Equinox Gold acquires full ownership of Greenstone for $995M

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.

Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.

Login