Successful companies energize successful communities.

Freeport-McMoRan Copper & Gold Inc. is a major employer in the communities in which our mines and other operations are located. The economic health of our communities relies heavily on the taxes we pay and the goods and services we buy in the local areas. Communities also benefit from the wages we pay our employees, many of whom are hired locally. Our paychecks do more than provide food, clothing and shelter for our employees and their families. They fuel the local economy and, thanks to the multiplier effect, their impact echoes several times across the economic landscape.

Freeport-McMoRan Copper & Gold Inc. has a long record of solid financial performance, particularly in recent years as the demand for our minerals has grown. At the same time, we recognize that commodities prices are volatile. Strong financial management gives us the wherewithal to live up to our corporate responsibility commitments to our employees, our shareholders and the communities in which we operate.

Financial Summary 2007 Full-year 2007 pro forma consolidated sales from our mines, including pre-acquisition Phelps Dodge sales: 3.9 billion pounds of copper 2.3 million ounces of gold 69.0 million pounds of molybdenum Revenues in 2007: $16.9 billion 2007 cash flow from operations: $6.2 billion

 

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