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Indonesian rains to cause Freeport to miss guidance

Copper giant Freeport-McMoRan’s copper and gold sales are expected to fall below guidance for the first quarter of this year, following significant weather-related issues at its Indonesian Grasberg operations.

Nathan Richardson
“Grasberg operations have been temporarily disrupted because of significant rainfall and landslides in the area of its milling operations in Papua, Indonesia,” the group said.

“Grasberg operations have been temporarily disrupted because of significant rainfall and landslides in the area of its milling operations in Papua, Indonesia,” the group said.

"Grasberg operations have been temporarily disrupted because of significant rainfall and landslides in the area of its milling operations in Papua, Indonesia," the group said. "Intense rains on Saturday...

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