Freeport-McMoRan issued a third-quarter 2026 operational update reporting consolidated copper production of approximately 830 million pounds and gold production of 230 thousand ounces, both in line with expectations. Consolidated copper sales are expected to approximate 750 million pounds, while gold sales are estimated at 100 thousand ounces due to a deferral of 60 thousand ounces from Indonesia. Unit net cash costs are projected to be approximately $2.10 per pound, reflecting lower by-product credits. U.S. operations faced disruptions from weather and power issues, while Indonesian smelter operations resumed in late August 2026 following a September 2025 incident. The company plans to release earnings on October 27, 2026. Freeport-McMoRan is a leading international mining company primarily engaged in the extraction of copper, gold, and molybdenum.
