Merger pays off for Phelps Dodge
Phoenix, Ariz.-based Phelps Dodge (PD-N) attributes its first-quarter savings of US$30 million to the acquisition of Cyprus Amax Minerals late last year.Increased purchasing power enabled Phelps Dodge…
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Partners form JV with Rio Tinto
Two Canadian juniors, Semafo (SMF-T) and Afcan Mining (AFK-M), have formed a joint venture with London-based Rio Tinto (RTP-N) to explore the Mont Kakoulima massive sulphide property in Guinea.
The Northern Miner — North American Mining Index (April 24, 2000)
77.59 (+2.06)(Sept. 30/98 = 100)…