The Dow Jones industrial average fell 322.94 points, or 3%, to close at 10,275.53 for the week ended Sept. 28, as gold skyrocketed on news that the European central banks would be curbing gold sales.S…
The bid by Asarco (AR-N) and Cyprus Amax Minerals (CYM-N) to create the world’s largest publicly traded copper company is being challenged not only by Phelps Dodge (PD-N), in the form of a high…
In a bid to become the world’s largest copper producer, Phelps Dodge (PD-N) has boosted the value of its previously announced offers to acquire Asarco (AR-N) and Cyprus Amax Minerals (CYM-N).
Experts have been talking about mining industry consolidation for so long that the arrival of those aspiring to be king of their respective mountains seems almost anti-climactic. The pace of consolida…
The Dow Jones industrial average climbed 204.85 points, or 1.9%, to close at 11,034.13 for the report period ended Sept. 7.Copper miners led the charge as the price of the red metal on the Comex divis…
Acadia Uranium MinesAgnico-Eagle MinesAmbrex MiningAnglo AmericanArabian Shield DevelopmentAsarcoAshanti GoldfieldsAtacama MineralsAurado ExplorationAurizon MinesAvalon VenturesBear Explora…
The union at the Ontario division of insolvent Royal Oak Mines has staved off a move by the company’s receiver to close the Pamour and Nighthawk operations, near Timmins, Ont.Receiver Price Waterhouse…
Copper giants Asarco (AR-N) and Cyprus Amax Minerals (CYM-N), which are negotiating a 2-way merger, have asked Phelps Dodge (PD-N) to postpone its hostile takeover bid until after the merger is…
The Dow Jones industrial average came off its high with four consecutive days of losses amid further fears about interest rates. The market was down 454.02 points, or 4%, to close at 10,829.28 for the…
A US$61-million writedown related to restructuring has wiped out Phelps Dodge’s (PD-N) slender second-quarter earnings of US$1.2 million (or 2 cents per share), leading the company to post a loss of U…
Aber ResourcesAlta GoldAsarcoAthlone MineralsAthlone ResourcesBarrick GoldBroken Hill ProprietaryCambiorChesbar ResourcesCoeur d’Alene MinesCorner Bay MineralsCyprus Amax MineralsDia Met MineralsEldor…
At a time when Asarco (AR-N) and Cyprus Amax Minerals (CYM-N) are completing a merger to create the world’s largest publicly traded copper company, their rival, Phelps Dodge (PD-N), has stepped…
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