FCX expects South America's sales to approximate 1.2 billion pounds of copper and 95 thousand ounces of gold for the year 2012, compared with 2011 sales of 1.3 billion pounds of copper and 101 thousand ounces of gold.Average unit net cash costs (net of by-product credits) for South America of $1.55 per pound of copper in third-quarter 2012 were higher than unit net cash costs of $1.15 per pound in third-quarter 2011, primarily reflecting higher mining and input costs, including energy, lower by-product credits and the timing of profit sharing.
Freeport-McMoRan Copper & Gold Inc. Reports Third-Quarter And Nine-Month 2012 Results
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