For all the risk in the mining business, there are good reasons to buy Freeport-McMoRan. In this video, the Fool's Jim Mueller explains that Freeport pays a solid and growing dividend backed by strong cash flow. It operates the largest copper and gold mine in the world. And management's experience has strengthened the company and should keep Freeport growing.

Austin Smith has no position in any stocks mentioned. Jim Mueller and The Motley Fool own shares of Freeport-McMoRan Copper & Gold. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.