Phelps Dodge Corporation
Grupo Mexico increases production
The acquisition of Asarco enabled Grupo Mexico to boost its copper output in 1999, whereas zinc and silver production were lower than in the previous year.Copper production reached 495,723 tonnes, inc…
INDEX SECTION B
MustangB2AltoroB3Anglo AmericanB4AngloGoldB1AnooraqB1, B2AquilineB2AshantiB1AvalonB2BarrickB1BillitonB7…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Rising gold saves miners
The Dow Jones industrial average posted a modest gain of 63.3 points to 10,995.63 during the pre-holiday report period ended Nov. 23.Spot gold on the Comex division of the New York Mercantile Exchange…
Companies (November 29, 1999)
AMT International MiningAnglo AmericanAnglogoldAnooraq ResourcesBema GoldCancor MinesChannel ResourcesChief Consolidated MiningComaplex MineralsConquistador MinesCorner Bay MineralsCumberland Resource…
INSIDER TRADING — Cyprus execs exercise options
After accepting a takeover offer by Phelps Dodge (PD-N), executives of Cyprus Amax Minerals (CYM-N) exercised options worth millions.Jeffrey Clevenger, officer, exercised 237,500 options at US$10.13-1…
Grupo Mexico completes Asarco merger
After extending the deadline for its offer, Grupo Mexico completed its tender for the outstanding shares of New York, N.Y.-based Asarco (AR-N).The Mexican conglomerate captured 32.6 million shares of …
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Gold lifted by rate hike
The Dow Jones industrial average climbed 315.01 points, or 3%, to 10,932.33, late in the report period ended Nov. 16, spurred by an interest rate hike by the U.S. Federal Reserve.The rate hike helped …
Companies (November 22, 1999)
Archangel DiamondAsarcoAtna Res.Aur Res.Banff Res.Broken Hill Pty.CambiorCampbell Res.Canmine Res.Channel Res.Claude Res.Coeur d’Alene MinesCyprus AmaxDe Beers Cons. MinesDia Met MineralsEcho Bay Mine…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Slumping silver slams miners
The Dow Jones industrial average posted a modest gain of 35.48 points for the week ended Nov. 9, closing at 10,617.32. Miners were mixed with gold and copper holding steady and silver sliding.American…
MINING MARKETS & INVESTMENT NEWS — U.S MARKETS — Miners mixed on gold’s rise
The Dow Jones industrial average climbed 279.71 points to 10,581.84 during the report period ended Nov. 2.While gold recovered a bit of its shine, climbing to US$291.30 on the Comex division of the Ne…
Companies (November 01, 1999)
Achieva DevelopmentAlmaden ResourcesAnooraq ResourcesAsarcoAshanti GoldfieldsAtna ResourcesBarrick GoldBlackstone ResourcesBlue Desert MiningBreakwater ResourcesCambiorCamflo ResourcesCamnor Resources…