Freeport-McMoRan 2011 Annual Report Download - page 26

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24 | FREEPORT-McMoRan COPPER & GOLD INC.
Years Ended December 31, 2011 2010 2009 2008 2007
a
SOUTH AMERICA MINING (continued)
Mill operations
Ore milled (metric tons per day) 189,200 188,800 181,300 181,400 167,900
Average ore grade:
Copper (percent) 0.66 0.65 0.66 0.75 0.74
Gold (grams per metric ton) 0.12 0.10 0.10 0.13 0.13
Molybdenum (percent) 0.02 0.02 0.02 0.02 0.02
Copper recovery rate (percent) 89.6 90.0 88.9 89.2 87.1
Production (recoverable):
Copper (millions of pounds) 867 850 825 946 844
Gold (thousands of ounces) 101 93 92 114 116
Molybdenum (millions of pounds) 10 7 2 3 1
INDONESIA MINING
Operating Data, Net of Joint Venture Interest
Copper (recoverable)
Production (millions of pounds) 846 1,222 1,412 1,094 1,151
Production (thousands of metric tons) 384 554 640 496 522
Sales (millions of pounds) 846 1,214 1,400 1,111 1,131
Sales (thousands of metric tons) 384 551 635 504 513
Average realized price per pound $ 3.85 $ 3.69 $ 2.65 $ 2.36 $ 3.32
Gold (thousands of recoverable ounces)
Production 1,272 1,786 2,568 1,163 2,198
Sales 1,270 1,765 2,543 1,182 2,185
Average realized price per ounce $ 1,583 $ 1,271 $ 994 $ 861 $ 681
100% Operating Data
Ore milled (metric tons per day) 166,100 230,200 238,300 192,900 212,600
Average ore grade:
Copper (percent) 0.79 0.85 0.98 0.83 0.82
Gold (grams per metric ton) 0.93 0.90 1.30 0.66 1.24
Recovery rates (percent):
Copper 88.3 88.9 90.6 90.1 90.5
Gold 81.2 81.7 83.7 79.9 86.2
Production (recoverable):
Copper (millions of pounds) 882 1,330 1,641 1,109 1,211
Gold (thousands of ounces) 1,444 1,964 2,984 1,163 2,608
AFRICA MINING
c
Copper (recoverable)
Production (millions of pounds) 281 265 154 N/A N/A
Production (thousands of metric tons) 127 120 70 N/A N/A
Sales (millions of pounds) 283 262 130 N/A N/A
Sales (thousands of metric tons) 128 119 59 N/A N/A
Average realized price per pound $ 3.74 $ 3.45 $ 2.85 N/A N/A
Cobalt (millions of contained pounds)
Production 25 20 N/A N/A N/A
Sales 25 20 N/A N/A N/A
Average realized price per pound $ 9.99 $ 10.95 N/A N/A N/A
Ore milled (metric tons per day) 11,100 10,300 7,300 N/A N/A
Average ore grade (percent):
Copper 3.41 3.51 3.69 N/A N/A
Cobalt 0.40 0.40 N/A N/A N/A
Copper recovery rate (percent) 92.5 91.4 92.1 N/A N/A
MOLYBDENUM OPERATIONS
Molybdenum sales, excluding purchases (millions of pounds)
d
79 67 58 71 69
Average realized price per pound $ 16.98 $ 16.47 $ 12.36 $ 30.55 $ 25.87
Henderson molybdenum mine
Ore milled (metric tons per day) 22,300 22,900 14,900 24,100 24,000
Average molybdenum ore grade (percent) 0.24 0.25 0.25 0.23 0.23
Molybdenum production (millions of recoverable pounds) 38 40 27 40 39
a. For comparative purposes, operating data for the year ended December 31, 2007, combines our historical data with FMC pre-acquisition data. As the pre-acquisition data represents
the results of these operations under FMC management, such combined data is not necessarily indicative of what past results would have been under FCX management or of future
operating results.
b. Before charges for hedging losses related to copper price protection programs, amounts were $3.27 per pound (FCX consolidated) and $3.25 per pound (North America copper mines).
c. Results for 2009 represent mining operations that began production in March 2009.
d. Includes sales of molybdenum produced at our North and South America copper mines.
SELECTED FINANCIAL AND OPERATING DATA