Asarco Accepts Phelps Dodge Buyout
November 1999 by Associated PressAsarco Inc. accepted a sweetened buyout offer from Phelps Dodge Corp., setting up a three-way, $2.9 billion deal that will make Phelps Dodge the world's largest copper producer.
Our world of precious metals showed several conflicting trends. Gold fell sharply from last month’s highs to the area between 265 and 270 and then stabilized in that area.
We spent the morning in a meeting with one of the higher-ups at the US Forest Service. I presented him with 412 complaints received from our readers, along with a summary of the complaints to make his job easier.
The gem miner who uncovered North America’s largest emerald thinks he’s found a mother-lode of emerald-rich rock in Alexander County.
I returned to the WSPA claim. Still smug from my previous success, I was thinking I could not fail. However, the gold gods had other plans.
The Bawl Mill • USPS Delays ICMJ Delivery at Oakland, CA Processing Center • Another Gold Heist Reported at Nome • No Need to Rewrite Mining Regs, NAS Study Confirms • BLM Filing Requirements for Small Miners' Waiver • Once Lonely, Mojave Desert Phone Now World's Companion • Judge Blocks Road Protest • Company to Sue Over Stymied Gold Mine • No Mining / Logging on 40 Million Acres • Catastrophism vs. Uniformitarianism • 1st Annual Placer County Open Gold Panning Championships—1999 • Picks & Pans: The Ten-Pennyweight Nugget • Mining in Sonora, Mexico • Pullin' the Pin • Land of Golden Dreams—California in the Gold Rush Decade • Cerro Colorado Silver, Arizona • Progressive Privy Program Proved Popular • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • Surging Gold Prices Burn a Few Unlucky Mining Firms • Looking Back