Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
SNIDER TIMOTHY R
  2. Issuer Name and Ticker or Trading Symbol
FREEPORT MCMORAN COPPER & GOLD INC [FCX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President and COO
(Last)
(First)
(Middle)
ONE NORTH CENTRAL AVENUE
3. Date of Earliest Transaction (Month/Day/Year)
03/19/2007
(Street)

PHOENIX, AZ 85004
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/19/2007   A   63,834 A (1) 63,834 D  
Common Stock 03/19/2007   F(8)   43,041 D $ 61.585 20,793 D  
Common Stock 03/19/2007   A   3,658 A (2) 3,658 I Through 401(k) Plan
Common Stock 03/19/2007   A   6,166 A (3) 6,166 I Through Savings Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option (right to buy) $ 22.9943 03/19/2007   A   20,915   03/19/2007 02/02/2015 Common Stock 20,915 (4) 20,915 D  
Option (right to buy) $ 37.7677 03/19/2007   A   19,801   03/19/2007 02/01/2016 Common Stock 19,801 (5) 19,801 D  
Option (right to buy) $ 58.295 03/19/2007   A   24,052   02/06/2008(6) 02/07/2017 Common Stock 24,052 (7) 24,052 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SNIDER TIMOTHY R
ONE NORTH CENTRAL AVENUE
PHOENIX, AZ 85004
      President and COO  

Signatures

 Kelly C. Simoneaux on behalf of Timothy R. Snider pursuant to a power of attorney   03/21/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Received in exchange for 95,276 shares of Phelps Dodge Corporation ("PD") common stock in connection with the merger of a wholly owned subsidiary of the Issuer, Freeport-McMoRan Copper & Gold Inc., with and into PD (the "Merger"). On the effective date of the Merger, each outstanding share of PD common stock was converted into the right to receive .67 shares of Issuer common stock and a cash payment of $88.
(2) Received in exchange for 5,460 shares of PD common stock in connection with the Merger as described above.
(3) Received in exchange for 9,204 shares of PD common stock in connection with the Merger as described above.
(4) Received in exchange for options to acquire 10,000 shares of PD common stock for $48.095 per share in connection with the Merger.
(5) Received in exchange for options to acquire 9,467 shares of PD common stock for $78.995 per share in connection with the Merger.
(6) One-third exercisable on the date indicated, and one-third exercisable on each of the next two anniversaries thereof.
(7) Received in exchange for options to acquire 11,500 shares of PD common stock for $121.93 per share in connection with the Merger.
(8) Shares withheld to cover taxes due upon the vesting of PD Restricted Stock.

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