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Phelps Dodge seeks US$15 million from Equatorial

JUST when it seemed Equatorial Mining had seen the last of US courtrooms for the time being, a Phelps Dodge subsidiary has launched legal proceedings against the Sydney-based company.

Brad Ricks
Phelps Dodge seeks US$15 million from Equatorial

Cyprus Climax Metals is claiming Equatorial breached the purchase option agreement for the failed Tonopah copper mine. The Phelps Dodge unit maintains that Equatorial has failed to make a payment for...

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