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Phelps Dodge rakes in 2006 record profit

US COPPER giant Phelps Dodge has posted a record net income over the December quarter and for the...

MiningNews.Net
Phelps Dodge rakes in 2006 record profit

Net income in the quarter jumped sharply on year to $US1.32 billion ($A1.71 billion) from $121 million. Additionally, the 2006 calendar year saw net income nearly doubling from the previous year, with...

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