PROFIT & LOSS

Freeport goes from strength to strength in March quarter

NYSE-listed miner Freeport-McMoRan saw earnings rise once again in the March quarter as a strong production performance combined with rising copper prices.

PT Freeport Indonesia's Grasberg underground mine located in Papua, Indonesia

PT Freeport Indonesia's Grasberg underground mine located in Papua, Indonesia

Freeport's first-quarter update revealed EBITDA of US$2 billion - up 7% versus Q4 and a five-fold increase year-on-year, beating US investment bank Jefferies' forecast of $1.9 billion although the result...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

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