Core Viewpoint - Freeport-McMoRan Copper & Gold (FCX.US) is set to experience several key operational milestones in 2026, including the planned resumption of the Grasberg Block Cave (GBC) mine, the release of production guidance for 2026, and adjustments to the Kucing Liar mining project [1]. Recent Events - The Grasberg Block Cave (GBC) mine is scheduled to resume production in April 2026 after being suspended due to a landslide in September 2025, which is expected to lead to a significant increase in copper and gold sales in the second half of 2026 [2]. Performance and Operations - The company indicated that copper and gold sales in 2026 will be more concentrated in the second half of the year, coinciding with the recovery of GBC production. Additionally, the company has set a production target of 2 billion pounds of copper for its U.S. mines by 2030 and a unit net cash cost target of $2.50 per pound for 2027 [3]. Project Progress - The company has raised the production targets for the Kucing Liar mining project, which is expected to commence production in 2030, with projected copper output increasing to 750 million pounds and gold output reaching 735,000 ounces [4].