Phelps Dodge Corporation

U.S. markets continue shallow uptrend

Stronger than expected manufacturing data and a slight drop in oil and gas prices helped U.S. markets continue a shallow uptrend over the report period Sept. 27-Oct. 3. The broad-based S&P 500 Ind…


Photo by Leticia LozanoPeruvian peasants demonstrate against mining companies during the final day of a global industry conference in Arequipa, Peru. The protesters claim that mining is polluting water supplies and damaging farmland.

Miners look to Latin America

Arequipa, Peru — Oscar Gonzalez, chief executive of Southern Peru Copper (PCU-N), wears a wry smile on his face — and with good reason….


Codelco facing tough decisions

Santiago, Chile — These are good times for Chile’s national copper company Corporacion Nacional del Cobre (CODELCO)….


Commodities shine in U.S.

Oil and gas, gold, copper, and fixed-price commodities such as coal have all enjoyed rallies of late, but trading activity was a mixed bag on U.S. markets over the report period Sept. 20-26, with gold…



U.S. markets back to basics

Energy and commodity producers held steady on U.S. markets even as some high-end retailers and high-tech manufacturers were battered by the wake of Hurricane Katrina. Investors seem to be betting that…


Drills poised to turn at Malku Khota

Vancouver — A unit of Apex Silver Mines (SIL-Q) is preparing to drill-test the Malku Khota silver property held by General Minerals (GNM-T) in the Department of…


The balm after the storm

Resource companies enjoyed a balmy bounce over the Aug. 30-Sept. 2 report period, with energy and coal companies catching the biggest uplift. The broad-based S&P 500 Index climbed 5.74 points to c…



Royal Gold basks in record royalty revenues

Vancouver — Robust gold prices and an expanded royalty portfolio allowed Denver, Colo.-based Royal Gold (RGL-T) to post record revenue of US$25.3 million for fiscal 2005, an 18% in…




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