GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Freeport-McMoRan Inc (XSGO:FCX) » Definitions » Reserves - Probable (K)

Freeport-McMoRan (XSGO:FCX) Reserves - Probable (K) : 0.00 (As of . 20)


View and export this data going back to 2013. Start your Free Trial

What is Freeport-McMoRan Reserves - Probable (K)?

Probable reserves are reserves calculated to be at least 50% likely to be recovered through drilling.

The historical rank and industry rank for Freeport-McMoRan's Reserves - Probable (K) or its related term are showing as below:

XSGO:FCX's Reserves - Probable (K) is not ranked *
in the Metals & Mining industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Probable (K) only.

Freeport-McMoRan Reserves - Probable (K) Historical Data

The historical data trend for Freeport-McMoRan's Reserves - Probable (K) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Freeport-McMoRan Reserves - Probable (K) Chart



Freeport-McMoRan  (XSGO:FCX) Reserves - Probable (K) Explanation

Reserves - Probable (K) are reserves calculated to be at least 50% likely to be recovered through drilling. Probable reserves do not necessarily imply proven reserves, since a firm may decide not to recover the deposits because of the expensive economics involved in extraction.

Any combination of regulatory, economic and technological challenges could reduce the likelihood that a firm can profitably extract the reserve.


Freeport-McMoRan Reserves - Probable (K) Related Terms

Thank you for viewing the detailed overview of Freeport-McMoRan's Reserves - Probable (K) provided by GuruFocus.com. Please click on the following links to see related term pages.


Freeport-McMoRan (XSGO:FCX) Business Description

Address
333 North Central Avenue, Phoenix, AZ, USA, 85004-2189
Freeport-McMoRan Inc is an international mining company. It operates geographically diverse assets with proven and probable mineral reserves of copper, gold, and molybdenum. The company's portfolio of assets includes the Grasberg minerals district in Indonesia; and mining operations in North America and South America, including the large-scale Morenci minerals district in Arizona and the Cerro Verde operation in Peru. It derives key revenue from the sale of Copper.