| | Business Summary | | Freeport-McMoRan
Copper
and
Gold
Inc.
is
a
copper
and
gold
mining
company.
Its
principal
operating
subsidiary
is
PT
Freeport
Indonesia,
which
explores
for,
develops,
mines
and
processes
ore
containing
copper,
gold
and
silver.
Its
operations
are
located
in
the
remote
rugged
highlands
of
the
Sudirman
Mountain
Range
in
the
province
of
Irian
Jaya
(Papua),
Indonesia,
which
is
located
on
the
western
half
of
the
island
of
New
Guinea.
PT
Freeport
Indonesia
markets
its
concentrates
containing
copper,
gold
and
silver
worldwide.
Its
operations
are
conducted,
through
a
Contract
of
Work,
with
the
Government
of
Indonesia. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Freeport-McMoRan
Copper
and
Gold,
Inc.
explores,
mines,
and
mills
copper,
gold,
and
silver
in
Irian
Jaya,
Indonesia.
For
the
six
months
ended
6/30/01,
revenues
rose
14%
to
$985.3
million.
Net
income
applicable
to
Common
totaled
$74.3
million,
vs.
a
loss
of
$9.4
million.
Revenues
reflect
higher
volumes
and
production
at
PT
Freeport
Indonesia.
Earnings
reflect
lower
production
and
delivery
expenses
and
the
absence
of
a
$6
million
charge
for
contribution
commitments
within
Papua. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Moffett, 62
Chairman,
CEO | $5.3M | Richard Adkerson, 54
Pres,
COO | 3.2M | B. Rankin, Jr., 71
Vice
Chairman | -- | W. Russell King, 51
Sr.
VP | 422K | Adrianto Machribie, 59
Pres
Director of PT Freeport Indonesia | 1.5M | | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/f/fcx.gif)