U.S. markets — Stocks mixed as Dow rebounds
The Dow Jones Industrial average erased its losses from last week to end the report period of April 29-May 5 up 248.61 points (or 2.8%). The average tested the 9,200-mark earlier in the week, only to …
Freeport-McMoRan Inc
FACTS ‘N’ FIGURES — Spending peak has passed
Spending on mineral exploration worldwide likely peaked in 1997, according to a report released by Halifax, N.S.-based Metals Economics Group.Entitled Corporate Exploration Strategies: A Worldwide Ana…
MINING MARKETS AND INVESTMENT NEWS — Royal insiders exercise options
Senior management exercised options for Royal Gold (RGLD-Q) during January.According to filings with the U.S. Securities and Exchange Commission, President Peter Babin and Chairman Stanley Dempsey eac…
Companies (April 27, 1998)
Abacus MineralsAlta GoldAmax GoldAnglo AmericanArian ResourcesAtapa MineralsAurado ExplorationBattle Mountain GoldBema GoldBice VenturesBlue Ribbon ResBreakwater ResBroken Hill ProprietaryCamecoCampho…
EDITORIAL — Mine influx jumps to 60,000 people — Freeport’s social audit
When Freeport McMoRan Copper & Gold began work in Irian Jaya three decades ago, about 400 local people lived in the vicinity of the giant Grasberg deposit. Today, over 60,000 people have moved into th…
MINING MARKETS AND INVESTMENT NEWS — U.S. markets — Dow climbs through 9,100
The Dow Jones Industrial average ended the April 8-14 report period on a high note, closing above the 9,100 mark for the first time. The average was up 153.70 points, or 1.7%, for the week.On the New …
Companies (April 20, 1998)
Almaden ResourcesAmax GoldAnzex ResourcesArchangel DiamondAshton Mining of CanadaAsia Pacific ResourcesAvminBarrick GoldBattle Mountain GoldBema GoldBHP MineralsInternationalBirim GoldfieldsBlack Hawk…
Freeport hunkers down to reduce costs at Grasberg
In light of lower metal prices, Freeport McMoRan Copper & Gold (FCX-N) intends to implement new operating plans at its Grasberg copper-gold mine in Irian Jaya, Indonesia.The company plans to focus its…
Companies (February 09, 1998)
Aber ResourcesAkrokeri-Ashanti Gold MinesAmblin ResourcesAmbrexAnglo-AmericanAsarcoAsquith ResourcesBanro ResourceBattle Mountain GoldBirim GoldfieldsBlue EmeraldResourcesCobre MiningComincoContinenta…
Freeport reports strong quarter
Freeport McMoRan Copper & Gold (FCX-N) reported stronger fourth quarter and year-end results on the strength of higher throughput at the Grasberg copper-gold mine in Irian Jaya, Indonesia.Through its …
INVESTMENT COMMENTARY — Gold Mining: Value Found Among The Ruins
A newly released study by Canaccord Capital has found value among the ruins of the gold mining industry, even though the firm believes that this beleaguered sector may be in for further weakness in th…
The year of the gilded reptile — For fraud and sleaze, 1997 a year like no other
The creatures appear around the top of any market cycle: they’re the scam artists who take advantage of market enthusiasm, novices who haven’t seen it all and experienced market players with memory la…