SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 10, 2003
FREEPORT-McMoRan COPPER & GOLD INC.
Delaware
1-9916
74-2480931
(State or other
(Commission
(IRS Employer
jurisdiction of
File Number)
Identification
incorporation or
Number)
organization)
1615 Poydras Street
New Orleans, Louisiana 70112
Registrant's telephone number, including area code: (504) 582-4000
Item 9. Regulation FD Disclosure.
Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) reported today that its affiliate PT Freeport Indonesia (PT-FI) is continuing search efforts for the six employees still missing and is commencing clean up activities resulting from the slippage of material in a section of the Grasberg open pit on October 9, 2003. PT-FI and Indonesias Department of Energy and Mineral Resources are undertaking a review of the causes of the accident.
PT-FI is currently conducting mining operations in the sections of the Grasberg open pit unaffected by the slippage and continues operations at its Deep Ore Zone (DOZ) underground mine, milling facilities and concentrate delivery systems. As previously reported, the company is assessing the impact of this event on its 2003 copper and gold sales volumes and currently expects that a portion of its fourth quarter 2003 sales volumes will be deferred to 2004. The effect is currently not expected to exceed 10 percent of PT-FI's 2003 projected annual volumes of 1.4 billion pounds of copper and 2.6 million ounces of gold and the effect could be lower than these amounts, depending on the ability of PT-FIs operations to restore the currently restricted access to its higher grade mine sites within the Grasberg open pit.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
FREEPORT-McMoRan COPPER & GOLD INC.
By: \s\ C. Donald Whitmire, Jr.
----------------------------------------
C. Donald Whitmire, Jr.
Vice President and Controller -
Financial Reporting
(authorized signatory and
Principal Accounting Officer)
Date: October 10, 2003