<ARTICLE> 5
<LEGEND>
Freeport-McMoRan Copper & Gold Inc. adopted Statement of Financial Accounting
Standards No. 128, "Earnings Per Share," (SFAS 128) in the fourth quarter of
1997 and restated prior years' earnings per share (EPS) data as required by SFAS
128.  Presented below are the restated financial data schedules for the 1996
periods, including basic and diluted EPS amounts in place of primary and fully
diluted EPS amounts, respectively.
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1,000
       
                                                      
<PERIOD-TYPE>              3-MOS        6-MOS        9-MOS        YEAR
<FISCAL-YEAR-END>          DEC-31-1996  DEC-31-1996  DEC-31-1996  DEC-31-1996
<PERIOD-END>               MAR-31-1996  JUN-30-1996  SEP-30-1996  DEC-31-1996
<CASH>                          19,761       45,035       49,031       37,118
<SECURITIES>                         0            0            0            0
<RECEIVABLES>                  145,053       77,389      101,551      176,920
<ALLOWANCES>                         0            0            0            0
<INVENTORY>                    393,818      386,310      408,609      375,712
<CURRENT-ASSETS>               685,976      635,506      712,962      661,216
<PP&E>                       3,616,874    3,687,116    3,806,519    3,977,353
<DEPRECIATION>                 754,253      797,213      841,113      888,709
<TOTAL-ASSETS>               3,639,244    3,623,955    3,782,410    3,865,534
<CURRENT-LIABILITIES>          482,208      480,117      487,154      597,875
<BONDS>                      1,328,338    1,360,650    1,493,390    1,426,266
<PREFERRED-MANDATORY>          500,007      500,007      500,007      500,007
<PREFERRED>                    573,887      569,434      568,844      349,990
<COMMON>                        20,804       20,907       20,911       21,805
<OTHER-SE>                     127,894      116,069       55,165      303,584
<TOTAL-LIABILITY-AND-EQUITY> 3,639,244    3,623,955    3,782,410    3,865,534
<SALES>                        388,392      812,740    1,287,404    1,905,036
<TOTAL-REVENUES>               388,392      812,740    1,287,404    1,905,036
<CGS>                          240,003      522,304      798,178    1,125,841
<TOTAL-COSTS>                  240,003      522,304      798,178    1,125,841
<OTHER-EXPENSES>                     0            0            0            0
<LOSS-PROVISION>                     0            0            0            0
<INTEREST-EXPENSE>              23,530       53,075       81,641      117,291
<INCOME-PRETAX>                 82,920      167,967      307,829      521,946
<INCOME-TAX>                    38,621       75,354      140,651      247,168
<INCOME-CONTINUING>             36,136       78,807      138,446      226,249
<DISCONTINUED>                       0            0            0            0
<EXTRAORDINARY>                      0            0            0            0
<CHANGES>                            0            0            0            0
<NET-INCOME>                    36,136       78,807      138,446      226,249
<EPS-PRIMARY>                      .11          .26          .50          .90
<EPS-DILUTED>                      .11          .26          .50          .89