Freeport-McMoRan Copper & Gold is a mining company. Co.'s portfolio of assets includes the Grasberg minerals district in Indonesia, mining operations in North and South America, and the Tenke Fungurume minerals district in the Democratic Republic of Congo. Co.'s products include copper concentrate, cathode and continuous cast copper rod; gold products; molybdenum and molybdenum-based chemicals; as well as cobalt hydroxide, silver and other metals such as rhenium and magnetite. At Dec 31 2012, Co. had consolidated recoverable proven and probable reserves of 116.50 billion pounds of copper, 32.5 million ounces of gold, 3.42 billion pounds of molybdenum, and 321.4 million ounces of silver.
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