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Years Ended December 31, 2010 2009 2008 2007
a
2006
a
SOUTH AMERICA MINING (continued)
Mill operations
Ore milled (metric tons per day)
188,800
181,300 181,400 167,900 68,500
Average ore grade (percent):
Copper
0.65
0.66 0.75 0.74 0.87
Molybdenum
0.02
0.02 0.02 0.02 —
Copper recovery rate (percent)
90.0
88.9 89.2 87.1 93.8
Production (recoverable):
Copper (millions of pounds)
850
825 946 844 438
Gold (thousands of ounces)
93
92 114 116 112
Molybdenum (millions of pounds)
7
2 3 1 —
INDONESIA MINING
Operating Data, Net of Joint Venture Interest
Copper (recoverable)
Production (millions of pounds)
1,222
1,412 1,094 1,151 1,201
Production (thousands of metric tons)
554
640 496 522 545
Sales (millions of pounds)
1,214
1,400 1,111 1,131 1,201
Sales (thousands of metric tons)
551
635 504 513 545
Average realized price per pound
$ 3.69
$ 2.65 $ 2.36 $ 3.32 $ 3.13
Gold (thousands of recoverable ounces)
Production
1,786
2,568 1,163 2,198 1,732
Sales
1,765
2,543 1,182 2,185 1,736
Average realized price per ounce
$ 1,271
$ 994 $ 861 $ 681 $ 567
c
100% Operating Data
Ore milled (metric tons per day)
230,200
238,300 192,900 212,600 229,400
Average ore grade:
Copper (percent)
0.85
0.98 0.83 0.82 0.85
Gold (grams per metric ton)
0.90
1.30 0.66 1.24 0.85
Recovery rates (percent):
Copper
88.9
90.6 90.1 90.5 86.1
Gold
81.7
83.7 79.9 86.2 80.9
Production (recoverable):
Copper (millions of pounds)
1,330
1,641 1,109 1,211 1,300
Gold (thousands of ounces)
1,964
2,984 1,163 2,608 1,824
AFRICA MINING
Copper (recoverable)
Production (millions of pounds)
265
154
e
N/A N/A N/A
Production (thousands of metric tons)
120
70
e
N/A N/A N/A
Sales (millions of pounds)
262
130
e
N/A N/A N/A
Sales (thousands of metric tons)
119
59
e
N/A N/A N/A
Average realized price per pound
$ 3.45
$ 2.85
e
N/A N/A N/A
Cobalt (millions of recoverable pounds)
Production
20
N/A N/A N/A N/A
Sales
20
N/A N/A N/A N/A
Average realized price per pound
$ 10.95
N/A N/A N/A N/A
Ore milled (metric tons per day)
10,300
7,300
e
N/A N/A N/A
Average ore grade (percent):
Copper
3.51
3.69
e
N/A N/A N/A
Cobalt
0.40
N/A N/A N/A N/A
Copper recovery rate (percent)
91.4
92.1
e
N/A N/A N/A
MOLYBDENUM OPERATIONS
Molybdenum sales, excluding purchases (millions of pounds)
f
67
58 71 69 69
Average realized price per pound
$ 16.47
$ 12.36 $ 30.55 $ 25.87 $ 21.87
Henderson molybdenum mine
Ore milled (metric tons per day)
22,900
14,900 24,100 24,000 22,200
Average molybdenum ore grade (percent)
0.25
0.25 0.23 0.23 0.23
Molybdenum production (millions of recoverable pounds)
40
27 40 39 37
a. For comparative purposes, operating data for the years ended December 31, 2007 and 2006 combines our historical data with Phelps Dodge pre-acquisition data. As the
pre-acquisition data represents 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.
b. Before charges for hedging losses related to copper price protection programs, amounts were $3.27 per pound for 2007 and $3.08 per pound for 2006.
c. Amount was approximately $606 per ounce before a loss resulting from the redemption of FCX’s Gold-Denominated Preferred Stock, Series II.
d. Before charges for hedging losses related to copper price protection programs, amounts were $3.25 per pound for 2007 and $3.06 per pound for 2006.
e. Results for 2009 represent mining operations that began production in March 2009.
f. Includes sales of molybdenum produced at our North and South America copper mines.
FREEPORT-McMoRan COPPER & GOLD INC. 2010 Annual Report
22
SELECTED FINANCIAL AND OPERATING DATA