Molybdenum Mining

Phelps Dodge merger creates one of largest mining companies

If successful, a $56 billion merger between Phelps Dodge and two other mining companies will create one of the world’s largest mining companies. Phelps Dodge has entered into an agreement with Inco Limited and Falconbridge Limited to combine the three companies. Inco is a primary metals company that has been in business for 100 years. It is one... 

Phelps Dodge forges blockbuster mining takeover deal

US mining giant Phelps Dodge announced a mega-takeover deal to buy Canadian rivals Inco and Falconbridge for about 40 billion dollars, forging the world’s largest nickel company and the largest listed copper producer. The cash-and-stock deal comes as red-hot commodities prices are producing tonnes of cash, spurring consolidation in the mining... 

Phelps, Inco, Falconbridge to merge

Phelps Dodge Corp, Inco Ltd and Falconbridge Ltd have announced plans to merge in a deal worth around US$40 billion. The deal will create the world`s largest nickel producer and also the largest publicly traded copper producer, according to a statement on the PR Newswire. The new company – to be called Phelps Dodge Inco Corp – will base... 

Tournigan Acquires Arizona Uranium Claims

Tournigan Gold Corporation (TSX VENTURE:TVC.V ) is pleased to announce the acquisition of 413 federal lode mining claims covering 8,260 acres in the historic “Arizona Strip” uranium district in the Colorado Plateau of northern Arizona, USA. The claims cover known or potential uranium mineralization hosted in “collapse” breccia...