Training, continuing education and development are critical components to ensuring long-term operating efficiency in any business. Freeport-McMoRan Copper & Gold Inc. supports a number of learning and professional development opportunities for its employees and members of the communities where we operate.

Each of our employees is provided with a range of technical training specific to their jobs, such as use of equipment, drivers training and maintenance. Annual training plans are developed for personnel, both at an operational and supervisory level. This activity ensures that employees progress within the company and that we are able to fill available positions.

These matters become even more important when operating in a developing region without a long history of advanced educational programs. Job training programs in Papua must offer more than technical skills development. During 2007, the Quality Management Services Department provided 8 million hours of training to over 20,000 participants, a 14 percent increase over 2006. Training programs range from basic literacy and mathematics to “pre-apprenticeship” programs for individuals with no prior career training, advanced technical apprenticeships, career and leadership development, and business management programs that provide world-class skills to our workers. PT Freeport Indonesia also conducts “Retirement Preparation” seminars to assist employees who are retiring.

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