Phelps Dodge Corporation

Photo by Anthony VaccaroMoto Goldmines geologist Guillaume Kiza overlooks a gold-rich valley in the northeastern Democratic Republic of the Congo. Nearby, a member of a government-sanctioned private police force acts as security -- a quiet reminder that danger is never far off in the developing world. In our 4-page feature on Mining in Africa, staff writer Anthony Vaccaro talks with a company that helps junior exploration companies like Moto decide to move forward or simply walk away.

The DRC: Unlimited potential or relentless turmoil?

The recent killings of eight UN peacekeepers in the Democratic Republic of the Congo reminded the world of the chaotic flux at work in the country. Every time optimism begins to take hold in the DRC,…




Gold stocks under pressure

The overall market trend on U.S. markets was down over the report period Jan. 17-24, with both the Dow Jones Industrial Average and the broad-based Standard & Poor’s 500 index losing ground. DJIA…


Miners up in uncertain market

American equity markets moved little in the trading period Jan. 10-16, with the Standard & Poor’s 500 index falling 2.54 points to 1,287.61 and the Dow 52.03 points to 10,959.87. But with higher c…



Fed comments bring sharp rise

Bets that the Federal Reserve Bank would limit the number of interest rate increases in the near term pushed equity markets south of the border to levels they hadn’t seen since 2001. The Dow Jones Ind…


Only golds glitter in US market

U.S. equity markets weakened in the four trading days Dec. 27-30, with investors reacting to an inversion in the yield curve for government notes. Ten-year U.S. Treasuries closed the year showing a yi…


US market gains modest

Resource-related stocks were generally up in the pre-holiday trading period on American equity markets, though the broader market moved sideways. The Standard & Poors 500 index was up 8.74 points…


Golds up in volatile market

Gold stocks were among the winners on U.S. equity markets during the trading period Dec. 6-12, as the broader market gyrated first in response to favourable economic statistics and later to another ri…


Phelps Dodge sells assets

In two separate transactions, copper producer Phelps Dodge (pd-n) is selling all of its specialty-chemicals business and part of its wire operations….



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