Freeport-McMoRan Copper & Gold Inc. (FCX) is an international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. FCX is the world’s largest publicly traded copper producer and has a dynamic portfolio of operating, expansion and growth projects in the copper industry. FCX is also the world’s largest producer of molybdenum and a significant gold producer.
FCX’s portfolio of assets includes the Grasberg mining complex in Indonesia, one of the world’s largest copper and gold mines in terms of recoverable reserves, significant mining operations in North and South America, and the Tenke Fungurume minerals district in the Democratic Republic of Congo. At December 31, 2012, FCX had proven and probable copper reserves of 116.5 billion pounds.