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 * ADKERSON RICHARD C   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) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) President and CEO (Last) (First) (Middle) 333 NORTH CENTRAL AVENUE 3. Date of Earliest Transaction (Month/Day/Year) 08/08/2011 (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 (1)               415,844 I Through Trust Common Stock               20,330 I By IRA Common Stock 08/08/2011   J(2)(3)(4)(5)   288,732 D (2) (3) (4) (5) 1,742,505 D

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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

Forward sale contract (obligation to sell)

(2) (3) (4) (5)

08/08/2011

J(2)(3)(4)(5)

1

(2)

(2)

Common Stock

500,000

$ 0

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
ADKERSON RICHARD C 333 NORTH CENTRAL AVENUE PHOENIX, AZ 85004	X		President and CEO

Signatures

Kelly C. Simoneaux, on behalf of Richard C. Adkerson, pursuant to a power of attorney		08/09/2011
**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)	These shares were previously directly held but were contributed to a family trust on 08/04/2011.
(2)	On August 8, 2011, Mr. Adkerson settled a post-paid forward sale contract that was entered into on August 6, 2009 with a securities broker. The contract obligated Mr. Adkerson to deliver to the purchaser up to 250,000 shares (or 500,000 shares following the Issuer's February 2011 stock split) of the Issuer's Common Stock (Common Stock) on the August 6, 2011, or the next business day if a holiday (the Maturity Date) of the contract. The contract settled on Monday, August 8, 2011. (continued in footnote 3)
(3)	The contract, as adjusted for the Issuer's February 2011 stock split, provided that the number of shares of Common Stock that Mr. Adkerson would be obligated to deliver to the purchaser on the Maturity Date would be determined as follows: (continued in footnote 4)
(4)	(i) If the closing price of a share of Common Stock on the Maturity Date is less than $24.19, Mr. Adkerson would deliver 500,000 shares; (ii) if the closing price of a share of Common Stock on the Maturity Date is greater than $24.19, but less than $46.38, Mr. Adkerson would deliver the number of shares resulting from multiplying 500,000 by a fraction, the numerator of which is $24.19 and the denominator of which is the closing price on the Maturity Date; (continued in footnote 5)
(5)	and (iii) if the closing price of a share of Common Stock on the Maturity Date is greater than $46.38, Mr. Adkerson would deliver the number of shares resulting from multiplying 500,000 by a fraction, the numerator of which is $24.19 plus the closing price on the Maturity Date minus $46.38, and the denominator of which is the closing price on the Maturity Date. On August 8, 2011, the closing price was $41.89. Accordingly, Mr. Adkerson transferred to purchaser 288,732 shares of Common Stock.
Remarks: Following the reported transactions, Mr. Adkerson's beneficial ownership includes 1,415,898 shares of Common Stock and 326,607 Common Stock Restricted Stock Units. He also holds options to acquire a total of 5,000,000 shares of Common Stock, 3,250,000 of which are vested and 1,750,000 of which are unvested.

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