CYPRUS AMAX MINERALS CO
RW, 2000-07-27
METAL MINING
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                          CYPRUS AMAX MINERALS COMPANY
                         CYPRUS AMAX FINANCE CORPORATION

                                                                   July 26, 2000

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549

                          Cyprus Amax Minerals Company
                         Cyprus Amax Finance Corporation
                      Withdrawal of Registration Statement
                         on Form S-3 (Reg. No. 33-62145)

Ladies and Gentlemen:

     Cyprus  Amax  Minerals  Company and Cyprus Amax  Finance  Corporation  (the
"Registrants") hereby request,  pursuant to Rule 477(a) under the Securities Act
of 1933, as amended (the "'33 Act"), that the Registration Statement on Form S-3
(Reg. No. 33-62145)  originally filed by the Registrants with the Securities and
Exchange  Commission  (the  "Commission")  on August 25,  1995,  as amended (the
"Registration  Statement"),  be withdrawn.  The Registration Statement was filed
with the Commission pursuant to Rule 415 of the '33 Act.

     Phelps Dodge Corporation  completed its acquisition of Cyprus Amax Minerals
Company and its wholly  owned  subsidiary  Cyprus Amax  Finance  Corporation  on
December 3, 1999.  On that date,  Cyprus Amax  Minerals  Company filed a Form 15
with the  Commission  to  terminate  the  registration  of Cyprus Amax  Minerals
Company  under  the  Securities  Exchange  Act of  1934,  as  amended,  and  its
obligation to file reports thereunder.  On December 14, 1999, the New York Stock
Exchange filed a notification on Form 25 with the Commission of its intention to
delist and  deregister  Cyprus  Amax  Minerals  Company on  December  29,  1999.
Consequently,  the Registrants  are no longer  eligible to use the  Registration
Statement.  No offers  or sales  have been  made  pursuant  to the  Registration
Statement.
<PAGE>
     Please do not hesitate to call Gregory W.  Stevens at  602-234-8166  should
you have any questions concerning the Registration Statement or this letter.

                                        Sincerely yours,

                                        CYPRUS AMAX MINERALS COMPANY


                                        By: /s/ Gregory W. Stevens
                                            ------------------------------------
                                        Name:  Gregory W. Stevens
                                        Title: Vice President & Treasurer


                                        CYPRUS AMAX FINANCE CORPORATION

                                        By: /s/ Gregory W. Stevens
                                            ------------------------------------
                                        Name:  Gregory W. Stevens
                                        Title: Vice President & Treasurer

cc: Michael Hurwitz
    Securities and Exchange Commission


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