Phelps Dodge Corporation

Base metals buoyed by manufacturing gains; Shakespeare

The most recent U.S. industrial production data showed a solid gain in the fourth quarter of 2003, led by a 1% jump in manufacturing output. The gains were boad-based, spreading across almost all manufacturing output categories. The February stren…



Miners dodge market slide

A generally poor report period for U.S. equity markets didn’t extend to the mining stocks, which were mostly higher over the five trading days March 17-23 as the Dow Jones industrial average and the S&P 500 index both fell slightly more than 1%.


Silver stocks take flight

With silver spot prices soaring US20, to US$5.86 per lb., all the U.S.-listed silver stocks enjoyed strong gains during the 4-day period ended Dec. 29.Leading the way was Idaho-based Coeur d’Alene Mi…


Miners hit new highs

With base metal prices rising across the board in response to a weakening U.S. dollar, U.S.-listed base metal majors basked in new multi-year highs during the 4-day period ended Dec. 22.Alcoa led the …


Gold stocks down as bullion rises

This was a week of mainly sideways motion in the U.S. equity markets, with the Dow Jones Industrial Average rising 69.78 points to 9,923.42, as the Standard & Poor’s 500 Index fell 6.44 points to 1,06…


People (November 24, 2003)

Alliance Resource — Brian Cantrell appointed VP and CFO.Desert Sun — Peter Tagliamonti appointed VP and COO.European Goldfields — Eduardo Baer appointed president and executive directo…


Big miners make big gains

It was a generally good trading period in the U.S. equity markets, with the major indices up modestly but the mining stocks generally strong. The Dow Jones Industrial Average picked up 90.52 points to…


South Atlantic eyes Swedish IOCG

A new copper-gold discovery has prompted South Atlantic Ventures (SAA-V) to increase the size of its exploration portfolio in Sweden’s Kiruna mining district.The Kiruna region is famous for the huge a…


People (November 03, 2003)

Tan Range — Rosalind Morrow and Ulrich Rath appointed directors.Titanium Metals — Gary Hutchison appointed director.Glencairn — Robert Byrd appointed head of Nicaraguan operations.


Fire shuts down Morenci

A fire at one of four solvent-extraction plants at Phelps Dodge’s Morenci copper mine in Arizona curtailed production for four days during the report period ended Oct. 21. The fire severely damaged fo…


Peru Copper Syndicate eyes low-cost leaching

Vancouver — Catherine McLeod-Seltzer and David Lowell, who, a year ago, re-united to search for gold-silver deposits under the banner of Bear Creek Mining (BCM-V), are turning their attention to the …


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