Phelps Dodge Corporation

Phelps Dodge scales back production at Chino

Due to poorer-than-anticipated recovery in the leaching circuit, Phelps Dodge (PDn-N) plans to curtail production at the Chino copper operation in New Mexico.The move will lower annual production at C…


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 …


U.S. MARKETS — Dow follows gold’s decline

The Dow Jones Industrial average was down over the April 22-28 report period, closing at 8,898.96 on fears of higher interest rates in the bond market. The Dow slipped 285.98 points (or 3.1%), includi…


Consortium fails in bid to purchase ZCCM

Privatization of the giant Zambia Consolidated Copper Mines (ZCCM) hit a snag when the negotiating team rejected the purchase offer from the Kafue Consortium for the Nkana and Nchanga divisions.The Ka…



Companies (April 20, 1998)

Almaden ResourcesAmax GoldAnzex ResourcesArchangel DiamondAshton Mining of CanadaAsia Pacific ResourcesAvminBarrick GoldBattle Mountain GoldBema GoldBHP MineralsInternationalBirim GoldfieldsBlack Hawk…


Canyon seeks partner for McDonald project

Low gold prices have forced Canyon Resources (CAU-X) to seek a joint-venture partner for the McDonald gold project in Montana, says President Richard De Voto.After gaining sole ownership of the projec…


Companies (April 13, 1998)

Adex MiningAmerica Mineral FieldsAnglo AmericanAsia Pacific ResourcesAurizon MinesAvalon VenturesBand-Ore ResourcesBanro ResourceBarrick GoldBattle Mountain GoldBlue Desert MiningCaledonia MiningCambi…


NEW HORIZONS — America’s ex-smokers

Deep in the dark privacy of the ocean floor, a group of smokers puff away proudly; what they exhale is a far cry from second-hand smoke.”Black smokers,” or massive chimney-like structures that vent ho…


Phelps Dodge doubles size of Piedras Verdes deposit

Drilling has enabled Phelps Dodge (PD-N) to boost the copper resource at the Piedras Verdes project in Mexico’s Sonora state.The Phoenix, Ariz.-based producer, which holds a 70% stake in the project, …



Companies (March 23, 1998)

Abcourt MinesAber ResourcesAgnico-Eagle MinesAlberta EnergyAmerican GemAnglo AmericanAnzex ResourcesAsarcoAshton Mining of Can.Asquith ResourcesAzco MiningBattle Mountain GoldBirim GoldfieldsCallinan …


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