CAPITAL MARKETS

Phelps Dodge takes full control of New Mexico mine

US copper producer Phelps Dodge has acquired the outstanding one-third stake in New Mexico-based ...

Tim Treadgold
Phelps Dodge takes full control of New Mexico mine

The mine accounts for about 4% of Phelps Dodge’s annual production but has been considered a marginal proposition at current low world copper prices. Reuters reported that Heisei, a joint venture of...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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