Freeport-McMoRan 2009 Annual Report Download - page 49

Download and view the complete annual report

Please find page 49 of the 2009 Freeport-McMoRan annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 108

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108

MANAGEMENTS DISCUSSION AND ANALYSIS
  -9,,769;4J4V9HU*677,9.63+05* 47
 (UU\HS9LWVY[
North America Copper Mines Product Revenues and Production Costs (continued)
)`7YVK\J[  *V7YVK\J[4L[OVK
@LHY,UKLK+LJLTILY 4L[OVK*VWWLY4VS`IKLU\TH 6[OLYI ;V[HS
0UTPSSPVUZ
9L]LU\LZL_JS\KPUNHKQ\Z[TLU[ZZOV^UILSV^     
:P[LWYVK\J[PVUHUKKLSP]LY`ILMVYLUL[UVUJHZO
HUKUVUYLJ\YYPUNJVZ[ZZOV^UILSV^     
)`WYVK\J[JYLKP[ZH   · · · ·
;YLH[TLU[JOHYNLZ     ·  
5L[JHZOJVZ[Z       
+LWYLJPH[PVUKLWSL[PVUHUKHTVY[PaH[PVU       
5VUJHZOHUKUVUYLJ\YYPUNJVZ[ZUL[  J     
 ;V[HSJVZ[Z      
9L]LU\LHKQ\Z[TLU[ZWYPTHYPS`MVYWYPJPUNVUWYPVY
WLYPVKVWLUZHSLZHUKOLKNPUN     · · 
0KSLMHJPSP[`HUKV[OLYUVUPU]LU[VYPHISLJVZ[Z      · 
.YVZZWY[         
9LJVUJPSPH[PVU[V(TV\U[Z9LWVY[LK
+LWYLJPH[PVU
7YVK\J[PVU+LWSL[PVUHUK
9L]LU\LZHUK+LSP]LY`(TVY[PaH[PVU
0UTPSSPVUZ
;V[HSZWYLZLU[LKHIV]L      
5L[UVUJHZOHUKUVUYLJ\YYPUNJVZ[ZWLYHIV]L 5(  J  5(
;YLH[TLU[JOHYNLZWLYHIV]L 5(    5(
9L]LU\LHKQ\Z[TLU[ZWYPTHYPS`MVYWYPJPUNVUWYPVY
WLYPVKVWLUZHSLZHUKOLKNPUNWLYHIV]L  5(  5(
,SPTPUH[PVUZHUKV[OLY   
5VY[O(TLYPJHJVWWLYTPULZ     
:V\[O(TLYPJHJVWWLYTPULZ     
0UKVULZPHTPUPUN    
(MYPJHTPUPUN ·   
4VS`IKLU\T     
9VK9LÄUPUN    
([SHU[PJ*VWWLY:TLS[PUN9LÄUPUN     
*VYWVYH[L V[OLYLSPTPUH[PVUZ    
(ZYLWVY[LKPU-*?»ZJVUZVSPKH[LKÄUHUJPHSZ[H[LTLU[Z    K 
H 4VS`IKLU\TI`WYVK\J[JYLKP[ZHUKYL]LU\LZYLÅLJ[]VS\TLZWYVK\JLKH[THYRL[IHZLKWYPJPUNHUKHSZVPUJS\KL[VSSPUNYL]LU\LZH[:PLYYP[H
I 0UJS\KLZNVSKHUKZPS]LYWYVK\J[YL]LU\LZHUKWYVK\J[PVUJVZ[Z
J 0UJS\KLZJOHYNLZ[V[HSPUNTPSSPVUMVY3*4PU]LU[VY`HKQ\Z[TLU[Z
K 0UJS\KLZ3*4PU]LU[VY`HKQ\Z[TLU[ZVM TPSSPVU