Freeport-McMoran Copper & Gold Incorporated. The Groups' principal activity is copper and gold mining. The Group operates through two segments: Mining and exploration and Smelting and refining. The Mining and exploration segment includes copper and gold mining operations of PT Freeport Indonesia, a majority owned subsidiary of the Group. The operations are located in the highlands of the Sudirm an Mountain Range in the province of Papua (formerly Irian Jaya), Indonesia. T he Smelting and refining segment includes Atlantic Copper's operations in Spain and PT Freeport Indonesia's equity investment in PT Smelting in Gresik, Indonesia. The Group smelts and refines copper concentrates in Spain and markets the refined copper products, through its wholly owned subsidiary, Atlantic Copper SA. On 19-Mar-2007 the Group acquired Phelps Dodge Corporation.
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