Phelps Dodge Corporation

BHP Billiton’s profits soar

The report period ended Feb. 15 was punctuated by the world’s biggest mining company’s banking the world’s biggest mining profit. For the second half of 2004, BHP Billiton posted re…


Rising dollar bats resource stocks

Resource stocks in general fell during the period Feb. 2-8, even as major U.S. stock indices gained. The Dow Jones Industrial Average picked up 1.6% over the period, closing at 10,724.63. Strength in…



Phelps Dodge profits up, share price down

U.S. stock markets rose and fell over the period Jan. 26-Feb. 1. The S&P 500 index ended the period at 1,189.41 points, having risen 21 points, and the Dow Jones Industrial Average fell 90.4 point…



Desjardins offers top picks for 2005

In its third annual volume of Strategy Plus, the research department of Montreal-based brokerage house Desjardins Securities weighs in on the year ahead and offers top investment recommendations in all sectors, including mining.


Golds caught by rising greenback

U.S. equity markets were lower over the report period Jan. 18-25, mainly forced lower by poor earnings news. The S&P-500 index was down 2.3% of value, at 1,168.41 points.


Alcoa a volume leader

U.S. stock markets rose over the period Jan. 12-18. The S&P 500 index gained 13 points to close at 1,195.98 and the Dow Jones Industrial Average was up 72.6 points, at 10,628.79.


Miners recover

United States stock markets drifted marginally lower over the report period Jan. 5-11, with the S&P 500 index down 5.06 points at 1,182.99.


American Bonanza cuts gold at Copperstone

Vancouver — Halfway through a 40,000-metre drill program, American Bonanza Gold Mining (BZA-V) is encountering additional high-grade gold intercepts at the Copperstone project in Arizona’s La Paz Cty.


BHP dismisses rumours of WMC bid

News reports of a pending bid for WMC Resources (WMC-N) by BHP Billiton (BHP-N) are “market speculation,” the compa…


Northern initiative generates targets for Diamonds North

Diamonds North Resources (DDN-V) has staked more than 1,200 sq. km of new mineral claims 100 km south of Baker Lake in Nunavut, following the recovery of kimberlite indicator mineral grains from multiple till samples. The sample…


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