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Freeport-Mcmoran Copper & Gold Inc. Released Production Results for its Newly Commissioned Climax Mine.
Freeport-Mcmoran Copper & Gold Inc. Began Commercial Production in the Second Quarter 2012.
Freeport-Mcmoran Copper & Gold Inc. Commenced Operations at its Newly Constructed Climax Molybdenum Mine.
Reports Third Quarter and Nine Months 2007Results
Freeport Mcmoran Q3Earnings More Than Double on Metals Demand
Climax Mine Restart Conditionally Approved -(PD )
Phelps Dodge Announced its Board of Directors has Approved the Restart of the Company's Climax Molybdenum Mine Near Leadville,Colorado,USA,Contingent Upon Completion of a Final Feasibility Study and Obtaining all Required Operating Permits and Regulatory Approvals. a Recently Completed PRE-Feasibility Study Indicated the Open-PIT Mine,Last Operated in19 95, Could Produce 20Million to 30Million Pounds of Molybdenum Annually Contained in High-Quality Concentrates at Highly Competitive PER-Pound Production Costs. Capital Requirements are Estimated at$200 Million to $250Million for a New State-of-the-ART Concentrator and Associated Facilities. Assuming Favorable Market Conditions and Timely Receipt of Permits,Phelps Dodge Intends to Have the Mine in Production by the END of 2009.
9/2/2015 11:51:09 PM