phelps dodge corporation

Freeport-McMoRan Copper & Gold Inc. (New York Stock Exchange)

Freeport-McMoran Copper & Gold Inc. (FCX), through its wholly owned subsidiary, Phelps Dodge Corporation (Phelps Dodge) is a copper, gold and molybdenum mining company. The Company’s portfolio of assets includes the Grasberg minerals district in Indonesia, which contains single recoverable copper reserve and the single gold reserve of any mine; significant mining operations in North and South America, and the Tenke Fungurume development project in the Democratic Republic of Congo (DRC). As of December 31, 2008, consolidated recoverable proven and probable reserves totaled 102.0 billion pounds of copper, 40 million ounces of gold, 2.48 billion pounds of molybdenum, 266.6 million ounces of silver and 0.7 billion pounds of cobalt. Approximately 35 % of its copper reserves were in Indonesia, approximately 31 % were in South America, approximately 28 % were in North America and approximately six % were in Africa. Approximately 96 % of its gold reserves were in Indonesia, with its remaining gold reserves located in South America. The molybdenum reserves are primarily in North America (approximately 85 %), with its remaining molybdenum reserves in South America.

FCX : Freeport-McMoRan Copper & Gold Inc.

Freeport-McMoRan Copper & Gold Inc. (FCX), through its subsidiary, Phelps Dodge Corporation (Phelps Dodge) is copper, золота и молибдена компанией добычи. The company's product portfolio includes the mineral assets of the Grasberg region in Indonesia, which contains one recoverable reserves of copper and one gold reserve of any mine; significant mining operations in the Americas, as well as the development of the tenké Fungurume project in the Democratic Republic of the Congo ( ДРК). As of 31 December 2008 of the year, total recoverable proved and probable reserves were 102,0 billion. pounds of copper, 40 million ounces of gold, 2.48 млрд фунтов молибдена, 266,6 million. ounces of silver and 0,7 billion. pounds of cobalt. About 35% world copper reserves in Indonesia, about 31% находятся в Южной Америке, about 28% were in North America and about six% are in Africa. About 96% world gold reserves in Indonesia, the remaining gold reserves are in South America. Molybdenum reserves, primarily in North America (about 85%), from its remaining molybdenum reserves in South America.

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