CopperAs demand indicators are improving, the focus is shifting more towards copper’s supply side and the potential for restart of idled capacity as prices rise.In contrast to the other base metal mar…
Vancouver — After years of cutting back production because of low prices, the world’s largest copper miners are optimistic the market for the red metal will improve in 2004.Phelps Dodge (PD-N) expect…
Tax credits enabled First Quantum Minerals (FM-T) to overcome a net operating loss and record a small profit for the second quarter.Net earnings totalled US$64,000 in the three months ended June 30, c…
Anglo American Lazarus Zim appointed deputy CEO and chairman of Anglo Operations.Apollo Gold — Robert Watts appointed to board.CYPlus — Robert Warriner appointed regional sales manager…
The Standard & Poor’s/TSX composite index began the Aug. 20-26 report period on a high note, only to succumb to bearish mentality by its close. The result was a value reduction of 32.09 points, as the…
The Aug. 13-19 report period was a good time to be a metal producer south of the border, with gold, copper and diversified miners all moving ahead.Among the more notable issues in the gold sector was …
Mining-contractor-turned-miner Dynatec (DY-T) has taken an option to earn a 53% interest in the Ambatovy nickel laterite project in Madagascar from Phelps Dodge (PD-N).Dynatec, which absorbed the tech…
Vancouver — For the ninth-consecutive quarter, Phelps Dodge (PD-N) has failed to make a profit.The world’s second-largest copper producer incurred a net loss of US$15.2 million (or US21 per share) i…
(The following excerpt from The Commodity Refiner, a monthly publication of Barclays Capital Research, provides an overview of current copper and lead markets.)The outlook for global copper supplies i…
If the U.S. equity markets were indeed beginning a bullish phase, then the trading period June 18-24 was another slide down the wall of worry. The Dow Jones industrial average gave back 213.17 points,…
Through a series of three property deals, Terraco Gold (TEN-V) hopes to assemble a package of drill-ready gold targets in Nevada.In a deal with Newmont Mining (NEM-N), Terraco can acquire the Tuscaror…
Newmont Mining has had partial success sorting out the financial problems at its Yandal gold subsidiary in Australia.On March 27, Newmont brashly gave its hedging counterparties and its noteholders at…
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