Freeport-McMoRan 2012 Annual Report Download - page 25

Download and view the complete annual report

Please find page 25 of the 2012 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 116

  • 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
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116

23
Years Ended December 31, 2012 2011 2010 2009 2008
FCX CONSOLIDATED MINING OPERATING DATA
Copper (recoverable)
Production (millions of pounds) 3,663 3,691 3,908 4,103 4,030
Production (thousands of metric tons) 1,662 1,674 1,773 1,861 1,828
Sales, excluding purchases (millions of pounds) 3,648 3,698 3,896 4,111 4,066
Sales, excluding purchases (thousands of metric tons) 1,655 1,678 1,767 1,865 1,844
Average realized price per pound $ 3.60 $ 3.86 $ 3.59 $ 2.60 $ 2.69
Gold (thousands of recoverable ounces)
Production 958 1,383 1,886 2,664 1,291
Sales, excluding purchases 1,010 1,378 1,863 2,639 1,314
Average realized price per ounce $ 1,665 $ 1,583 $ 1,271 $ 993 $ 861
Molybdenum (millions of recoverable pounds)
Production 85 83 72 54 73
Sales, excluding purchases 83 79 67 58 71
Average realized price per pound $ 14.26 $ 16.98 $ 16.47 $ 12.36 $ 30.55
NORTH AMERICA COPPER MINES
Operating Data, Net of Joint Venture Interest
Copper (recoverable)
Production (millions of pounds) 1,363 1,258 1,067 1,147 1,430
Production (thousands of metric tons) 618 571 484 520 649
Sales, excluding purchases (millions of pounds) 1,351 1,247 1,085 1,187 1,434
Sales, excluding purchases (thousands of metric tons) 613 566 492 538 650
Average realized price per pound $ 3.64 $ 3.99 $ 3.42 $ 2.38 $ 3.07
Molybdenum (millions of recoverable pounds)
Production 36 35 25 25 30
100% Operating Data
Solution extraction/electrowinning (SX/EW) operations
Leach ore placed in stockpiles (metric tons per day) 998,600 888,300 648,800 589,400 1,095,200
Average copper ore grade (percent) 0.22 0.24 0.24 0.29 0.22
Copper production (millions of recoverable pounds) 866 801 746 859 943
Mill operations
Ore milled (metric tons per day) 239,600 222,800 189,200 169,900 249,600
Average ore grade (percent):
Copper 0.37 0.38 0.32 0.33 0.40
Molybdenum 0.03 0.03 0.03 0.02 0.02
Copper recovery rate (percent) 83.9 83.1 83.0 86.0 82.9
Copper production (millions of recoverable pounds) 592 549 398 364 599
SOUTH AMERICA MINING
Copper (recoverable)
Production (millions of pounds) 1,257 1,306 1,354 1,390 1,506
Production (thousands of metric tons) 570 592 614 631 683
Sales (millions of pounds) 1,245 1,322 1,335 1,394 1,521
Sales (thousands of metric tons) 565 600 606 632 690
Average realized price per pound $ 3.58 $ 3.77 $ 3.68 $ 2.70 $ 2.57
Gold (thousands of recoverable ounces)
Production 83 101 93 92 114
Sales 82 101 93 90 116
Average realized price per ounce $ 1,673 $ 1,580 $ 1,263 $ 982 $ 853
Molybdenum (millions of recoverable pounds)
Production 8 10 7 2 3
SX/EW operations
Leach ore placed in stockpiles (metric tons per day) 229,300 245,200 268,800 258,200 279,700
Average copper ore grade (percent) 0.55 0.50 0.41 0.45 0.45
Copper production (millions of recoverable pounds) 457 439 504 565 560
Mill operations
Ore milled (metric tons per day) 191,400 189,200 188,800 181,300 181,400
Average ore grade:
Copper (percent) 0.60 0.66 0.65 0.66 0.75
Gold (grams per metric ton) 0.10 0.12 0.10 0.10 0.13
Molybdenum (percent) 0.02 0.02 0.02 0.02 0.02
Copper recovery rate (percent) 90.1 89.6 90.0 88.9 89.2
Copper production (millions of recoverable pounds) 800 867 850 825 946
SELECTED FINANCIAL AND OPERATING DATA