FREEPORT MCMORAN COPPER & GOLD INC
10-Q, EX-10, 2000-08-02
METAL MINING
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                                                 Exhibit 10.33





July 10, 2000

Mr. Rene L. Latiolais
2305 Barton Creek Boulevard
Villa 42, Box 3
Austin, Texas 78735

Supplemental Agreement to the Consulting Agreement dated January 25, 1999
and the Supplemental Agreement dated August 4, 1999.

This Supplemental Agreement corrects and replaces the Supplemental Agreement
dated June 14, 2000.

Dear Mr. Latiolais

This letter refers to the Consulting Agreement (the "Agreement") dated
January 25, 1999, and the Supplemental Agreement dated August 4, 1999
(the "Supplemental") between you and FM Services Company (the "Company").

By way of this Supplemental Agreement, the Company would like to amend
your Supplemental Agreement dated August 4, 1999 to reflect a new annual
fee of $230,000, payable monthly effective July 1, 2000.  Additionally,
your consulting services will be required only "as needed." All other
terms and conditions of the Agreement between you and FM Services shall
remain the same.

Please confirm that the foregoing correctly sets forth your understanding
with respect to this matter by signing both originals of this letter and
returning one to me.

Very truly yours,

/s/ Stephen M. Jones

Stephen M. Jones
Vice Chairman and Secretary


AGREED TO AND ACCEPTED


BY:   /s/ Rene L. Latiolais
      _______________________________________
	     Rene L. Latiolais


DATE:      7/26/00
     ______________________________________





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