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.MANAGEMENT’S 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\LZL_JS\KPUNHKQ\Z[TLU[ZZOV^UILSV^
:P[LWYVK\J[PVUHUKKLSP]LY`ILMVYLUL[UVUJHZO
HUKUVUYLJ\YYPUNJVZ[ZZOV^UILSV^
)`WYVK\J[JYLKP[ZH · · · ·
;YLH[TLU[JOHYNLZ ·
5L[JHZOJVZ[Z
+LWYLJPH[PVUKLWSL[PVUHUKHTVY[PaH[PVU
5VUJHZOHUKUVUYLJ\YYPUNJVZ[ZUL[ J
;V[HSJVZ[Z
9L]LU\LHKQ\Z[TLU[ZWYPTHYPS`MVYWYPJPUNVUWYPVY
WLYPVKVWLUZHSLZHUKOLKNPUN · ·
0KSLMHJPSP[`HUKV[OLYUVUPU]LU[VYPHISLJVZ[Z ·
.YVZZWYVÄ[
9LJVUJPSPH[PVU[V(TV\U[Z9LWVY[LK
+LWYLJPH[PVU
7YVK\J[PVU+LWSL[PVUHUK
9L]LU\LZHUK+LSP]LY`(TVY[PaH[PVU
0UTPSSPVUZ
;V[HSZWYLZLU[LKHIV]L
5L[UVUJHZOHUKUVUYLJ\YYPUNJVZ[ZWLYHIV]L 5( J 5(
;YLH[TLU[JOHYNLZWLYHIV]L 5( 5(
9L]LU\LHKQ\Z[TLU[ZWYPTHYPS`MVYWYPJPUNVUWYPVY
WLYPVKVWLUZHSLZHUKOLKNPUNWLYHIV]L 5( 5(
,SPTPUH[PVUZHUKV[OLY
5VY[O(TLYPJHJVWWLYTPULZ
:V\[O(TLYPJHJVWWLYTPULZ
0UKVULZPHTPUPUN
(MYPJHTPUPUN ·
4VS`IKLU\T
9VK9LÄUPUN
([SHU[PJ*VWWLY:TLS[PUN9LÄUPUN
*VYWVYH[L V[OLYLSPTPUH[PVUZ
(ZYLWVY[LKPU-*?»ZJVUZVSPKH[LKÄUHUJPHSZ[H[LTLU[Z K
H 4VS`IKLU\TI`WYVK\J[JYLKP[ZHUKYL]LU\LZYLÅLJ[]VS\TLZWYVK\JLKH[THYRL[IHZLKWYPJPUNHUKHSZVPUJS\KL[VSSPUNYL]LU\LZH[:PLYYP[H
I 0UJS\KLZNVSKHUKZPS]LYWYVK\J[YL]LU\LZHUKWYVK\J[PVUJVZ[Z
J 0UJS\KLZJOHYNLZ[V[HSPUNTPSSPVUMVY3*4PU]LU[VY`HKQ\Z[TLU[Z
K 0UJS\KLZ3*4PU]LU[VY`HKQ\Z[TLU[ZVM TPSSPVU