Silver Prices Surge Above $76, Year-to-Date Gains Reach 164%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 26 2025
0mins
Should l Buy FCX?
Source: Benzinga
- Silver Price Surge: Silver prices surged above $76 in New York trading, with year-to-date gains reaching 164%, marking the strongest annual performance since 1978, indicating a significant supply crunch in Asian markets that may attract more investor interest in precious metals.
- Platinum and Palladium Rise: Platinum prices jumped over 8% and palladium soared more than 11%, leading the Aberdeen Physical Platinum Shares ETF to a year-to-date increase of 165%, suggesting platinum is on track for its best annual performance ever, reflecting strong market demand for precious metals.
- Gold Price Hits New Highs: Gold prices rose 1.3% to above $4,550, indicating increased investor demand for safe-haven assets, which could further drive the overall upward trend in the precious metals market.
- Copper Price Recovery: Copper prices climbed 4.6%, fully recovering from the sharp selloff seen last July, signaling a rebound in market demand for industrial metals that may boost profitability for related companies.
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Analyst Views on FCX
Wall Street analysts forecast FCX stock price to fall
15 Analyst Rating
13 Buy
2 Hold
0 Sell
Strong Buy
Current: 61.090
Low
46.00
Averages
58.79
High
70.00
Current: 61.090
Low
46.00
Averages
58.79
High
70.00
About FCX
Freeport-McMoRan Inc. is an international metals company focused on copper. The Company operates geographically diverse assets with significant proven and probable mineral reserves of copper, gold and molybdenum. The Company's segments include the Morenci and Cerro Verde copper mines, the Indonesia operations (including the Grasberg minerals district and PT-FI’s downstream processing facilities), the Rod & Refining operations and Atlantic Copper Smelting & Refining. Its operations include North America, South America and Indonesia. In North America, it manages seven copper operations: Morenci, Bagdad, Safford (including Lone Star), Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico, and two molybdenum mines: Henderson and Climax in Colorado. It also operates a copper smelter in Miami, Arizona. In South America, it manages two copper operations: Cerro Verde in Peru and El Abra in Chile. In addition to copper, the Grasberg minerals district also produces gold and silver.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Freeport Signs MOU with Indonesian Government for Resource Rights Extension
- Resource Rights Extension: Freeport has signed an MOU with the Indonesian government to amend PT Freeport Indonesia's special mining business license, extending operating rights in one of the world's largest copper and gold mining districts, ensuring continued operations and revenue generation.
- Enhanced Community Support: The agreement includes increased financial support for Papua communities, such as funding for a new hospital and two medical educational facilities, which not only improves the company's social responsibility image but also strengthens its relationship with the government.
- Increased Exploration Spending: PTFI plans to boost exploration expenditures and advance studies to identify and develop long-term resources and expansion opportunities, laying the groundwork for future mineral resource development and ensuring competitiveness in a tightening resource market.
- Market Expansion Strategy: PTFI will prioritize domestic downstream sales and broaden its marketing of refined copper to the U.S. market, which not only meets the U.S. demand for copper but also enhances Freeport's strategic position in the global copper market.
See More
Freeport Signs MOU with Indonesia to Extend Operating Rights
- Operating Rights Extension: Freeport has signed a Memorandum of Understanding (MOU) with the Indonesian government to extend PT Freeport Indonesia's (PTFI) operating rights in the Grasberg minerals district, ensuring resource development continues until 2041, which is expected to create long-term value for all stakeholders.
- Historical Partnership: Freeport's Chairman Richard C. Adkerson and CEO Kathleen Quirk emphasized the importance of their long-standing relationship with the Indonesian government, asserting that this agreement will further strengthen mutual trust and provide substantial benefits to the people of Indonesia and Papua.
- Accelerated Application Process: PTFI intends to expedite its extension application reflecting the terms agreed upon in the MOU, ensuring smooth operations following the Indonesian government's approval of the amended IUPK, thus avoiding production disruptions due to approval delays.
- Market Position Reinforcement: As one of the world's largest publicly traded copper producers, Freeport not only solidifies its market position in Indonesia through this agreement but also enhances its competitiveness in the global copper and gold markets, further advancing the company's sustainable development strategy.
See More
Freeport Signs MOU with Indonesia for Resource Rights Extension
- Resource Rights Extension: Freeport has signed an MOU with the Indonesian government to amend PT Freeport Indonesia's special mining business license, extending operating rights in the Grasberg minerals district, which solidifies the company's long-term presence in the global copper and gold markets.
- Enhanced Community Support: The agreement stipulates increased support for Papua communities, including funding for a new hospital and two medical educational facilities, which not only enhances the company's social responsibility image but also strengthens its collaborative ties with the government and local communities.
- Increased Exploration Spending: PTFI plans to boost exploration investments and advance studies for long-term resource development, aiming to identify and develop new expansion opportunities that will lay the groundwork for future production growth and maintain competitiveness in a tightening resource market.
- Market Expansion Plans: PTFI will prioritize domestic downstream sales and plans to broaden its refined copper marketing to the U.S. market, which not only meets the U.S. demand for copper but could also provide new revenue streams, enhancing the company's market adaptability.
See More
US Stocks Close Higher on Strong Economic Data
- Strong Economic Data: US December capital goods new orders rose 0.6% month-over-month, exceeding expectations of 0.3%, indicating a rebound in capital spending that boosts market confidence and drives stock prices higher.
- Housing Market Recovery: December housing starts increased by 6.2% month-over-month to 1.404 million, significantly surpassing the expected 1.304 million, suggesting a recovery in the housing market that could stimulate investment and consumption in related sectors.
- Manufacturing Production Growth: January manufacturing production rose by 0.6% month-over-month, stronger than the expected 0.4%, marking the largest increase in 11 months, indicating a recovery in manufacturing that supports overall economic growth expectations.
- Optimistic Stock Market Performance: Over 75% of S&P 500 companies reported earnings that beat expectations, with Q4 earnings growth projected at 8.4%, providing strong support for the stock market despite lingering doubts about future interest rate policies.
See More
US Stock Markets Rise on Strong Economic Data
- Strong Economic Data: US December capital goods new orders rose 0.6% month-over-month, surpassing expectations of 0.3%, indicating a rebound in capital spending and boosting market confidence in economic recovery.
- Housing Market Recovery: December housing starts increased by 6.2% month-over-month to 1.404 million, significantly exceeding expectations of 1.304 million, suggesting a revival in the real estate market that could drive growth in related sectors.
- Manufacturing Production Growth: January manufacturing production rose 0.6% month-over-month, beating expectations of 0.4%, marking the largest increase in 11 months, which indicates a recovery momentum in manufacturing that may further propel economic growth.
- Optimistic Corporate Earnings: Over 75% of S&P 500 companies reported earnings that exceeded expectations, with Q4 earnings growth projected at 8.4%, which will further boost market sentiment and attract investor interest.
See More
US Stock Markets Rise on Positive Economic Data
- Strong Economic Data: US December capital goods new orders rose 0.6% month-over-month, exceeding expectations of 0.3%, indicating a rebound in capital spending that could further boost stock markets.
- Housing Market Recovery: December housing starts increased by 6.2% month-over-month to 1.404 million, significantly surpassing the expected 1.304 million, suggesting a recovery in the real estate market that may enhance investment confidence in related sectors.
- Manufacturing Production Growth: January manufacturing production rose 0.6% month-over-month, beating expectations of 0.4%, marking the largest increase in 11 months, which could strengthen market confidence in economic recovery.
- Optimistic Corporate Earnings: Over 75% of S&P 500 companies reported earnings that exceeded expectations, with Q4 earnings growth projected at 8.4%, reflecting ongoing improvements in corporate profitability that may further drive stock market gains.
See More
Freeport Signs MOU with Indonesian Government for Resource Rights Extension
- Resource Rights Extension: Freeport has signed an MOU with the Indonesian government to amend PT Freeport Indonesia's special mining business license, extending operating rights in one of the world's largest copper and gold mining districts, ensuring continued operations and revenue generation.
- Enhanced Community Support: The agreement includes increased financial support for Papua communities, such as funding for a new hospital and two medical educational facilities, which not only improves the company's social responsibility image but also strengthens its relationship with the government.
- Increased Exploration Spending: PTFI plans to boost exploration expenditures and advance studies to identify and develop long-term resources and expansion opportunities, laying the groundwork for future mineral resource development and ensuring competitiveness in a tightening resource market.
- Market Expansion Strategy: PTFI will prioritize domestic downstream sales and broaden its marketing of refined copper to the U.S. market, which not only meets the U.S. demand for copper but also enhances Freeport's strategic position in the global copper market.
See More
Freeport Signs MOU with Indonesia to Extend Operating Rights
- Operating Rights Extension: Freeport has signed a Memorandum of Understanding (MOU) with the Indonesian government to extend PT Freeport Indonesia's (PTFI) operating rights in the Grasberg minerals district, ensuring resource development continues until 2041, which is expected to create long-term value for all stakeholders.
- Historical Partnership: Freeport's Chairman Richard C. Adkerson and CEO Kathleen Quirk emphasized the importance of their long-standing relationship with the Indonesian government, asserting that this agreement will further strengthen mutual trust and provide substantial benefits to the people of Indonesia and Papua.
- Accelerated Application Process: PTFI intends to expedite its extension application reflecting the terms agreed upon in the MOU, ensuring smooth operations following the Indonesian government's approval of the amended IUPK, thus avoiding production disruptions due to approval delays.
- Market Position Reinforcement: As one of the world's largest publicly traded copper producers, Freeport not only solidifies its market position in Indonesia through this agreement but also enhances its competitiveness in the global copper and gold markets, further advancing the company's sustainable development strategy.
See More
Freeport Signs MOU with Indonesia for Resource Rights Extension
- Resource Rights Extension: Freeport has signed an MOU with the Indonesian government to amend PT Freeport Indonesia's special mining business license, extending operating rights in the Grasberg minerals district, which solidifies the company's long-term presence in the global copper and gold markets.
- Enhanced Community Support: The agreement stipulates increased support for Papua communities, including funding for a new hospital and two medical educational facilities, which not only enhances the company's social responsibility image but also strengthens its collaborative ties with the government and local communities.
- Increased Exploration Spending: PTFI plans to boost exploration investments and advance studies for long-term resource development, aiming to identify and develop new expansion opportunities that will lay the groundwork for future production growth and maintain competitiveness in a tightening resource market.
- Market Expansion Plans: PTFI will prioritize domestic downstream sales and plans to broaden its refined copper marketing to the U.S. market, which not only meets the U.S. demand for copper but could also provide new revenue streams, enhancing the company's market adaptability.
See More
US Stocks Close Higher on Strong Economic Data
- Strong Economic Data: US December capital goods new orders rose 0.6% month-over-month, exceeding expectations of 0.3%, indicating a rebound in capital spending that boosts market confidence and drives stock prices higher.
- Housing Market Recovery: December housing starts increased by 6.2% month-over-month to 1.404 million, significantly surpassing the expected 1.304 million, suggesting a recovery in the housing market that could stimulate investment and consumption in related sectors.
- Manufacturing Production Growth: January manufacturing production rose by 0.6% month-over-month, stronger than the expected 0.4%, marking the largest increase in 11 months, indicating a recovery in manufacturing that supports overall economic growth expectations.
- Optimistic Stock Market Performance: Over 75% of S&P 500 companies reported earnings that beat expectations, with Q4 earnings growth projected at 8.4%, providing strong support for the stock market despite lingering doubts about future interest rate policies.
See More
US Stock Markets Rise on Strong Economic Data
- Strong Economic Data: US December capital goods new orders rose 0.6% month-over-month, surpassing expectations of 0.3%, indicating a rebound in capital spending and boosting market confidence in economic recovery.
- Housing Market Recovery: December housing starts increased by 6.2% month-over-month to 1.404 million, significantly exceeding expectations of 1.304 million, suggesting a revival in the real estate market that could drive growth in related sectors.
- Manufacturing Production Growth: January manufacturing production rose 0.6% month-over-month, beating expectations of 0.4%, marking the largest increase in 11 months, which indicates a recovery momentum in manufacturing that may further propel economic growth.
- Optimistic Corporate Earnings: Over 75% of S&P 500 companies reported earnings that exceeded expectations, with Q4 earnings growth projected at 8.4%, which will further boost market sentiment and attract investor interest.
See More
US Stock Markets Rise on Positive Economic Data
- Strong Economic Data: US December capital goods new orders rose 0.6% month-over-month, exceeding expectations of 0.3%, indicating a rebound in capital spending that could further boost stock markets.
- Housing Market Recovery: December housing starts increased by 6.2% month-over-month to 1.404 million, significantly surpassing the expected 1.304 million, suggesting a recovery in the real estate market that may enhance investment confidence in related sectors.
- Manufacturing Production Growth: January manufacturing production rose 0.6% month-over-month, beating expectations of 0.4%, marking the largest increase in 11 months, which could strengthen market confidence in economic recovery.
- Optimistic Corporate Earnings: Over 75% of S&P 500 companies reported earnings that exceeded expectations, with Q4 earnings growth projected at 8.4%, reflecting ongoing improvements in corporate profitability that may further drive stock market gains.
See More
