EXHIBIT 23.2

 
                      CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby consent to the incorporation by reference in the Registration 
Statement on Form S-8 (No. 33-61141) of the Cyprus Amax Minerals Company Thrift 
Plan for Bargaining Unit Employees of our report dated June 24, 1998, appearing 
on page 29 of this Amendment Number 1 to the Annual Report on Form 10-K of 
Cyprus Amax Minerals Company for the year ended December 31, 1997.


PRICE WATERHOUSE LLP

Denver, Colorado
June 24, 1998