Downside protection trims upside for Phelps Dodge
Vancouver — Taking the position that copper prices are currently in “uncharted territory,” Phelps Dodge (PD-N) defended a previous decision to put in place copper collars and put options that shaved…
Phelps Dodge Corporation
Goldman Sachs boosts stake in Frontera Copper
Vancouver — Goldman Sachs Group has issued another “early warning” report related to its increased ownership of Frontera Copper (FCC-T, FRCPF-O), an emerging copper producer developing the Piedras Ve…
Mosquito finds mutiple metals at Pine Tree
Vancouver — Drilling by Mosquito Consolidated Gold Mines (MSQ-V, MQCMF-O) on its Pine Tree project, in central Nevada, has turned up wide, multi-element mineralized intercepts….
Frontera Copper adopts shareholder rights plan
Vancouver – The board of Frontera Copper (FCC-T) has adopted a rights plan designed to ensure “fair treatment” of …
Low moly prices could thwart Phelps’ plans for Climax
Phelps Dodge (PD-N) has announced plans to restart its Climax molybdenum mine, in Leadville, Colo., but with the metal’s price down from last year, not everyone is convinced the plans will come to fru…
Chile’s parched miners feeling the heat
Santiago, Chile — Water has always been an issue for mining companies operating in the world’s driest desert, the Atacama, in northern Chile. But now the industry fears that a tougher stance from the…
Will Phelps Dodge re-start Climax?
Phelps Dodge (PD-N) may have announced plans to re-start its Climax molybdenum mine but with the metal’s price down…
Phelps Dodge sticks to its guns as New York demands share-buyback
Vancouver — In a classic western-style showdown, Arizona-based Phelps Dodge (PD-N) is sticking to its guns and guarding its cash after a major shareholder, a New York City-based hedge fund, cranked u…
Mosquito cores range of metals in Pine Tree drilling
Vancouver – Drilling by Mosquito Consolidated Gold Mines (MSQ-V, MQCMF-O) on its Pine Tree project, in central Neva…
Cusac, clarifies Taurus resource
Vancouver —
Miners bounce back in quiet market
U.S. stock markets rose fractionally in the trading period Feb. 14-20, with the Standard & Poor’s 500 index rising 11.71 points to 1,287.24. The broader trend concealed a generally strong showing…
Miners whacked in US
Energy and resource commodities have been on a tear for most of the past year, so the correction that transpired on global markets over the report period ended Feb. 13 was overdue and likely expected…