Kahn Swick & Foti, a law firm led by former Louisiana Attorney General Charles C. Foti, Jr., has started an investigation into Freeport-McMoRan following a fatal mud rush incident at its Grasberg mine in Indonesia. The incident, which resulted in two deaths, led to a securities class action lawsuit accusing the company and its executives of withholding material information. The investigation aims to determine if Freeport's officers or directors breached their duties or violated laws. Investors with information or concerns are encouraged to contact the firm.
UBS has increased its price target for Freeport-McMoRan to $88 from $77, citing strong demand for copper driven by growth in AI and electric vehicles. Copper prices could reach $10 per pound, boosting Freeport's cash flow significantly. However, prod...
Barclays has increased its price target for Freeport-McMoRan to $83, reflecting optimism about the company's copper and gold production. The mining giant reported Q3 2026 copper production of 830 million pounds and gold production of 230,000 ounces, ...
