<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 1995 and
1994 YEAR periods, included basic and diluted EPS amounts in place of primary
and full diluted EPS amounts, respectively.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1,000
<PERIOD-TYPE> YEAR YEAR
<FISCAL-YEAR-END> DEC-31-1995 DEC-31-1994
<PERIOD-END> DEC-31-1995 DEC-31-1994
<CASH> 26,883 44,252
<SECURITIES> 0 0
<RECEIVABLES> 139,808 153,585
<ALLOWANCES> 0 0
<INVENTORY> 354,728 314,022
<CURRENT-ASSETS> 653,274 603,394
<PP&E> 3,566,808 2,958,644
<DEPRECIATION> 721,183 598,155
<TOTAL-ASSETS> 3,581,746 3,040,197
<CURRENT-LIABILITIES> 526,785 431,576
<BONDS> 1,080,289 525,612
<PREFERRED-MANDATORY> 500,007 500,007
<PREFERRED> 573,900 573,900
<COMMON> 20,666 20,595
<OTHER-SE> 287,108 400,480
<TOTAL-LIABILITY-AND-EQUITY> 3,581,746 3,040,197
<SALES> 1,834,335 1,212,284
<TOTAL-REVENUES> 1,834,335 1,212,284
<CGS> 1,058,762 815,361
<TOTAL-COSTS> 1,058,762 815,361
<OTHER-EXPENSES> 13,888 7,778
<LOSS-PROVISION> 0 0
<INTEREST-EXPENSE> 50,080 0
<INCOME-PRETAX> 544,762 279,092
<INCOME-TAX> 234,044 123,412
<INCOME-CONTINUING> 253,618 130,241
<DISCONTINUED> 0 0
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> 253,618 130,241
<EPS-PRIMARY> .98 .38
<EPS-DILUTED> .98 .38