because FCX produces a substantial amount of gold in addition to copper. This is primarily attributed to the Grasberg mine in Papua, Indonesia, one of the largest gold and copper mines globally.
The Indonesia Mining segment handles the operations of the Grasberg minerals district that produce copper concentrate containing significant quantities of gold and silver. The Molybdenum Mines ...
Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona.