Freeport-McMoRan Lowers Q1 Gold Sales Guidance

, MT Newswires -  5:58 AM ET 4/1/2025 Company News

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05:58 AM EDT, 04/01/2025 (MT Newswires) -- Freeport-McMoRan ( FCX ) said Monday that it now expects Q1 gold sales of about 100,000 ounces, down from its previous estimate of 225,000 ounces issued in January.

The company attributed the guidance cut to the timing of shipments from its Freeport Indonesia unit, which led to the deferral of a portion of its Q1 production.

Freeport-McMoRan ( FCX ) said it does not currently expect a material change to its 2025 guidance.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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