Freeport-McMoRan 2008 Annual Report Download - page 17

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For comparative purposes, operating data shown below for the years ended December 31, 2007, 2006, 2005 and 2004, combines our historical data with
Phelps Dodge pre-acquisition data. As the pre-acquisition operating data represent the results of these operations under Phelps Dodge management,
such combined data is not necessarily indicative of what past results would have been under FCX management or of future operating results.
Years Ended December 31, 2008 2007
a
2006
a
2005
a
2004
a
FCX OPERATING DATA, Net of Joint Venture Interests
Copper (recoverable)
Production (millions of pounds) 4,030 3,884 3,639 3,912 3,518
Production (thousands of metric tons) 1,828 1,762 1,651 1,774 1,596
Sales (millions of pounds) 4,066 3,862 3,630 3,933 3,530
Sales (thousands of metric tons) 1,844 1,752 1,647 1,784 1,601
Average realized price per pound $ 2.69 $ 3.22
b
$ 2.80
b
$ 1.66
b
$ 1.33
Gold (recoverable)
Production (thousands of ounces) 1,291 2,329 1,863 2,923 1,591
Sales (thousands of ounces) 1,314 2,320 1,866 2,925 1,577
Average realized price per ounce $ 861 $ 682 $ 566
c
$ 454 $ 411
Molybdenum (recoverable)
Production (millions of pounds) 73 70 68 62 57
Sales (millions of pounds) 71 69 69 60 63
Average realized price per pound $ 30.55 $ 25.87 $ 21.87 $ 25.89 $ 12.71
NORTH AMERICA COPPER MINES
Operating Data, Net of Joint Venture Interest
Copper (recoverable)
Production (millions of pounds) 1,430 1,320 1,305 1,365 1,384
Production (thousands of metric tons) 649 599 592 619 628
Sales (millions of pounds) 1,434 1,332 1,303 1,383 1,393
Sales (thousands of metric tons) 650 604 591 627 632
Average realized price per pound $ 3.07 $ 3.10
d
$ 2.29
d
$ 1.49
d
$ 1.29
Molybdenum (by-product)
Production (millions of recoverable pounds) 30 30 31 30 30
100% Operating Data, Including Joint Venture Interest
Solution extraction/electrowinning (SX/EW) operations
Leach ore placed in stockpiles (metric tons per day) 1,095,200 798,200 801,200 778,500 742,800
Average copper ore grade (percent) 0.22 0.23 0.30 0.26 0.27
Copper production (millions of recoverable pounds) 943 940 1,013 1,066 1,134
Mill operations
Ore milled (metric tons per day) 249,600 223,800 199,300 194,800 166,400
Average ore grade (percent):
Copper 0.40 0.35 0.33 0.33 0.36
Molybdenum 0.02 0.02 0.02 0.03 0.03
Copper recovery rate (percent) 82.9 84.5 85.0 83.9 85.6
Production (millions of recoverable pounds):
Copper 599 501 414 419 375
Molybdenum (by-product) 30 30 31 30 30
SOUTH AMERICA COPPER MINES OPERATING DATA
Copper (recoverable)
Production (millions of pounds) 1,506 1,413 1,133 1,091 1,137
Production (thousands of metric tons) 683 641 514 495 516
Sales (millions of pounds) 1,521 1,399 1,126 1,093 1,145
Sales (thousands of metric tons) 690 635 511 496 519
Average realized price per pound $ 2.57 $ 3.25 $ 3.03 $ 1.63
e
$ 1.33
Gold (recoverable)
Production (thousands of ounces) 114 116 112 117 122
Sales (thousands of ounces) 116 114 111 117 122
Average realized price per ounce $ 853 $ 683 $ 552 $ 425 $ 409
Molybdenum (by-product)
Production (millions of recoverable pounds) 3 1 – – –
Selected Financial and Operating Data
2008 Annual Report FREEPORT-McMoRan COPPER & GOLD INC. 15