Energy production = autonomy
The impact of mining operations on communities is usually extremely positive. When the mines are operating, they are a flurry of activity, and good-paying jobs are plentiful. But when metal prices sta…
Robinson Mine
Phelps Dodge slashes production (July 12, 1999)
Following a host of mine closings in the copper industry, Phelps Dodge (PD-N) has announced production cuts and restructured its wire and cable business.The Phoenix, Ariz.-based company plans to decre…
EDITORIAL & OPINION — Production cuts benefit copper market — Hope for base metals
It has been the received wisdom in the copper market that the number and size of the new projects that are coming on stream over the next decade will mean a massive glut of copper. If the price of cop…
BHP pulls plug on mines
Australia’s Broken Hill Proprietary (BHP-N), the second-largest copper producer in the world, will close its North American operations as a result of persistently low prices for the red metal.The anno…
NEVADA & THE WESTERN STATES — Copper takes toll on BHP
With copper prices still languishing well below US$1 per lb., many of the mines acquired by Broken Hill Proprietary (BHP-N) in its 1995 takeover of Magma Copper are losing money and facing possible cl…
Magma, BHP to form copper giant
Two New York-listed companies — BHP Minerals and Magma Copper — will join forces to become the second-largest copper producer in the world.The new entity will account for 10% of all production, seco…