Freeport-McMoRan, Inc. · NYSE:FCX
Freeport-McMoRan — Investor Presentation (March 2003)
12 slides from Freeport-McMoRan's investor presentation, March 2003
Slide 1: David Lowry, Vice President Social & Community Affairs
David Lowry Vice President Social & Community Affairs 133
Slide 2: Community Development
Community Development For community development to take place the following is necessary: ¾ Building of relationships with the community ¾ Creating a common vision ¾ Establishing programs After a decade of work all these elements are now in place in Freeport’s operations area 134
Slide 3: Building Relationships
Building Relationships ¾ Memorandum of Understanding between Freeport and LEMASA/LEMASKO—July 13, 2000 ¾ Land Rights Trust Fund Agreement—September 3, 2001 ¾ “Tiga Desa” Three Development Program ¾ Community Liaison Officers Program 135
Slide 4: Creating a Common Vision
Creating a Common Vision ¾ Community Board and Management of the Freeport Fund ¾ Working Relationship with HAMAK* Foundation on women’s and children’s issues * Led by Yosepha Alamong 136
Slide 5: Programs - Health Care
Programs - Health Care ¾ RSMM—Timika Community Hospital ¾ Banti Clinic—Highland Community Hospital ¾ Malaria Control and Public Health ¾ Village Clinics 137
Slide 6: Programs - Education
Programs - Education ¾ Local Schools ¾ Papuan Education at Freeport Schools ¾ Scholarships 138
Slide 7: Village Infrastructure
Village Infrastructure ¾ Banti Reconstruction (“Tiga Desa” Program) ¾ Kamoro Recognition 139
Slide 8: Local Business Development
Local Business Development ¾ Agricultural Programs ¾ Small Business Development 140
Slide 9: Cultural Preservation
Cultural Preservation ¾ Kamoro and Amungme Festivals ¾ Kamoro Dictionary ¾ Kamoro History and Culture Book ¾ Amungme Books in Preparation 141
Slide 10: Training & Employment of Papuans
Training & Employment of Papuans ¾ 1996 Commitment ¾ 25% Papuan Work Force by 2006 ¾ Quality Management Services (training programs) 142
Slide 11: Ambassador Boyce's Comments Following PT-FI Site Visit
Ambassador Boyce's Comments Following PT-FI Site Visit ¾ "(I)...had a chance to witness how Freeport is working with the local government and with the community to build schools, train Papuan workers, transfer knowledge and help to empower the Papuan community so that they can manage their own resou
Slide 12: Ambassador Boyce's Comments Following PT-FI Site Visit (Cont'd.)
Ambassador Boyce's Comments Following PT-FI Site Visit (Cont’d.) ¾ "...this very much represents the way that American companies try to do business. They try to become a part of the community. They try to contribute to the welfare of the community. I think that American companies like Freeport are i
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