Freeport-McMoran
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Freeport Updates on PT Freeport Indonesia Operations
A mud rush at Freeport-McMoRan’s Grasberg Block Cave mine in Indonesia on September 8 resulted in the tragic loss of seven team members, confirmed on October 5. Mining operations are suspended pending an investigation involving external experts, expected by year-end 2025. The incident, involving approximately 800,000 metric tons of material, impacted multiple levels of the mine. Production disruption at the major copper mine raises market concerns. The company faces scrutiny and potential financial impact.
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Inside the Boardroom: C3 Metals CEO on Drivers Behind Stock Movement
CEO.CA featured an interview with C3 Metals (CUAUF) CEO Dan Symons, focusing on their drilling strategy in Jamaica and Peru. Freeport-McMoRan is set to potentially invest up to $75 million in C3’s Bellas Gate project in Jamaica. C3 Metals anticipates assay results throughout Q3 and Q4 2025, which could validate their exploration approach in world-class mining districts. The interview is available on CEO.CA’s platform and YouTube.
