News Release Details

FCX Declares Quarterly Cash Dividend on Mandatory Convertible Preferred Stock

09/24/09

PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. today declares, for the period from August 1, 2009 through October 31, 2009, a cash dividend of $1.6875 per share payable on November 1, 2009 to holders of record as of October 15, 2009 for its 6.75% mandatory convertible preferred stock (NYSE: FCXprM).

FCX is a leading 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 has a dynamic portfolio of operating, expansion and growth projects in the copper industry and is the world’s largest producer of molybdenum.

The company’s portfolio of assets includes the Grasberg mining complex, the world’s largest copper and gold mine in terms of recoverable reserves, significant mining operations in the Americas, including the large scale Morenci and Safford minerals districts in North America and the Cerro Verde and El Abra operations in South America, and the Tenke Fungurume minerals district in the Democratic Republic of Congo. Additional information about FCX is available on our web site at www.fcx.com.

Contacts

Freeport-McMoRan Copper & Gold Inc.
Financial Contact:
David P. Joint, 504-582-4203
or
Media Contact:
William L. Collier, 504-582-1750

Categories: Press Releases