Anvil surviving the storm
It’s common to see brightly coloured mattresses decorating the thatched roofs of Congolese huts during the rainy season. Downpours often reach inside the dwellings, forcing villagers to dry their belo…
Phelps Dodge Corporation
Thrills and chills on US markets
Gold prices went on a roller-coaster ride over the report period Oct. 25-31. There were thrills and chills in the gold-mining sector too, mostly in the form of
DRC approves development of Tenke Fungurume
Vancouver The government of the Democratic Republic of Congo (DRC) has formally approved amended agreements gover…
U.S. golds weaken
TORONTO STOCK EXCHANGE…
Augusta cuts wide copper at Rosemont (November 01, 2005)
Vancouver — Initial drilling by
Phelps Dodge rewards shareholders with dividends
Vancouver By the end of 2006, Phelps Dodge (PD-N) plans to return US$1.5 billion of its recent profits to shareho…
Molymet sees continued tight molybdenum supply
Santiago, Chile — Record prices for steel-additive molybdenum show no sign of falling any time soon — but the high prices are not the result of a fundamental shift in the market, says CEO of Molybde…
Mines left out of U.S. rally
U.S. equity markets pulled out of a long slide on Oct. 14 and 17, finishing the reporting period Oct. 11-17 a little higher. The Dow Jones Industrial average gained 1%, finishing at 10,348.10 points,…
Pediment closes Pitalla purchase
Following approval by the TSX Venture Exchange, Vancouver-based
People (October 17, 2005)
Mini-corrections temper U.S. markets
What goes up must come down, at least a little, which was the case for most resource companies on U.S. markets over the report period Oct. 4-10. Copper companies gave back some of their recent gains,…
Augusta cuts wide copper at Rosemont (October 13, 2005)
Vancouver – Initial drilling by Augusta Resource (ARS-V, ARCFF-O) at its recently acquired Rosemont copper-molybden…