FREEPORT MCMORAN, (FCX) Stock Research Free Stock Rating

Company Profile

Freeport-McMoRan Copper & Gold, Inc., through its subsidiaries, engages in the exploration, mining, and production of copper, gold, and silver. It also smelts and refines copper concentrates in Spain, as well as markets the refined copper products. The company primarily operates the Grasberg open pit and the Deep Ore Zone mines in Indonesia. In addition, Freeport-McMoRan has interests in various undeveloped ore bodies, such as underground Grasberg, Kucing Liar, Mill Level Zone, Deep Mill Level Zone, Ertsberg Stockwork Zone, Big Gossan, and the Dom. As of December 31, 2004, it had 2,769,102 metric tons of proven and probable recoverable ore reserves. The company markets its copper, gold, and silver products worldwide. Freeport-McMoRan is based in New Orleans, Louisiana.

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