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…
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…
Higher copper prices lifted fourth-quarter earnings for Southern Peru Copper (PCU-N) in 1999.The company posted net earnings of US$9.7 million (or 12 per share), compared with earnings of US$3.4 mill…
The Dow Industrials got pummeled during the report period ended March 7, falling 332.28 points, or 3.3%, to 9,796.03. It was the second time in two weeks the Dow had dipped below the 10,000 mark, as t…
The improvement in copper prices over recent months could be a harbinger of things to come in the base metals sector. Nickel prices are fast approaching US$5 per lb. and even zinc has made a modest co…
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…
AMT International MiningAnglo AmericanAnglogoldAnooraq ResourcesBema GoldCancor MinesChannel ResourcesChief Consolidated MiningComaplex MineralsConquistador MinesCorner Bay MineralsCumberland Resource…
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…
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 …
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 …
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…
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…
Achieva DevelopmentAlmaden ResourcesAnooraq ResourcesAsarcoAshanti GoldfieldsAtna ResourcesBarrick GoldBlackstone ResourcesBlue Desert MiningBreakwater ResourcesCambiorCamflo ResourcesCamnor Resources…
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