EXHIBIT 10.1.6

EMPLOYMENT AGREEMENT

THE DOE RUN RESOURCES CORPORATION, d/b/a THE DOE RUN COMPANY, a New York corporation (the "Corporation"), and JAMES
W. GRUBBS("Employee") hereby agree as follows:

1.Employment.The Corporation hereby employs the Employee, and
the Employee accepts employment from the Corporation, upon the terms and conditions hereinafter set forth in this Employment Agreement ("Agreement"). This Agreement and the attachments referenced
herein constitute the entire agreement between the Corporation and the Employee pertaining to the terms of his employment, and supercede all prior discussions, negotiations, and understandings,
whether written or oral, with respect to this matter.

2.Term of Employment.The initial term of the Employee's
employment under this Agreement shall commence on December 1, 2004 and shall terminate on November 30, 2007; provided, however, that this Agreement may be extended for additional terms
of one year each if by not later than September 30 of any year beginning in 2007, both parties mutually agree in writing to extend the term of this Agreement; and provided, further, that the
term of employment may be terminated upon the earlier occurrence of any of the following events:



Upon
termination of employment for any reason other than Without Cause, the Employee shall be entitled to receive only the Base Salary (as that term is hereinafter defined) accrued but
unpaid as of the date of termination and shall not be entitled to additional compensation except as expressly provided in this Agreement.

3.Compensation.



Retention Bonus Payment

Employment Date$20,000

December 1, 2005$20,000

December 1, 2006


4.Duties of the Employee.



5.Expenses.During the period of the Employee's employment,
except as otherwise specifically provided in this Agreement, the Corporation will pay directly, or reimburse the Employee for, all items of reasonable and necessary business expenses approved in
advance by the Corporation if such expenses are incurred by the Employee in the interest of the business of the Corporation. All such expenses paid by the Employee will be reimbursed by the
Corporation upon presentation by the Employee, from time to time (but not less than quarterly), of an itemized account of such expenditures in accordance with the Corporation's policy for verifying
such expenditures. International travel expenses will be business class whenever possible.

6.Fringe Benefits.



7.Covenants of the Employee.



8.Work for Hire.Any work prepared by the Employee within the
scope of this Agreement is deemed a work for hire under the United States Copyright Act (Title 17 United States Code). Any work prepared by Employee that relates to the Corporation's business,
research or development, or results from work performed for the Corporation by Employee, which is eligible for copyright protection, shall be made a work for hire. If such work is deemed for any
reason not to be a work for hire, Employee assigns all right, title and interest in the copyright of such work, and all extensions and renewals thereof, to the Corporation, and agrees to provide all
assistance requested by the Corporation


in the establishment, preservation and enforcement of its copyright in such work, such assistance to be provided at the Corporation's expense, but without any additional compensation to Employee

9.Documents.Upon cessation of the Employee's employment with
the Corporation, for whatever reason, all documents, records (including without limitation, customer records), notebooks, invoices, statements or correspondence, including copies thereof, relating to
the business of the Corporation then in the Employee's possession, whether prepared by the Employee or others, will be delivered to and left with the Corporation, and the Employee agrees not to retain
copies of the foregoing documents without the written consent of the Corporation.

10.Remedies.In the event of the breach by the Employee of any
of the terms of this Agreement, notwithstanding anything to the contrary contained in this Agreement, the Corporation may terminate the employment of the Employee in accordance with the provisions of
paragraph 2 of this Agreement. It is further agreed that any material breach of any term of this Agreement by the Employee will result in immediate and irreparable injury to the Corporation and
will authorize recourse to injunction and/or specific performance as well as to other legal or equitable remedies to which the Corporation may be entitled, and that the enforcement of a remedy by way
of injunction would not prevent the Employee from earning a living, nor otherwise impose an undue hardship on the Employee. In addition to any other remedies that it may have in law or equity, the
Corporation also may require an accounting and repayment of all profits, compensation, remuneration or other benefits realized, directly or indirectly, as a result of such breaches by the Employee or
by a competitor's business controlled, directly or indirectly, by the Employee. No remedy conferred by any of the specific provisions of this Agreement is intended to be exclusive of any other remedy
and each and every remedy given hereunder or now or hereafter existing at law or in equity by statute or otherwise. The election of any one or more remedies by the Corporation shall not constitute a
waiver of the right to pursue other available remedies. The Employee expressly agrees to pay all reasonable costs and attorneys' fees incurred by the Corporation to enforce the Employee's obligations
under this Agreement.

11.Severability.All agreements and covenants contained herein
are severable, and in the event any of them shall be held to be invalid by any court of competent jurisdiction, this Agreement, subject to subparagraph 7(d) hereof, shall continue in full force
and effect and shall be interpreted as if such invalid agreements or covenants were not contained herein.

12.Waiver or Modification.No waiver or modification of this
Agreement or of any covenant, condition or limitation herein shall be valid unless in writing and duly executed by the party to be charged therewith, and no evidence of any waiver or modification
shall be offered or received in evidence in any proceeding, arbitration or litigation between the parties hereto arising out of or affecting this Agreement, or the rights or obligations of the parties
hereunder, unless such waiver or modification is in writing, duly executed as aforesaid, and the parties further agree that the provisions of this paragraph may not be waived except as herein set
forth. Failure of the Corporation to exercise or otherwise act with respect to any of its rights hereunder in the event of a breach of any of the terms or conditions hereof by the Employee shall not
be construed as a waiver of such breach nor prevent the Corporation from thereafter enforcing strict compliance with any and all of the terms and conditions hereof.

13.Assignability.The services to be performed by the Employee
hereunder are personal in nature and, therefore, the Employee shall not assign the Employee's rights or delegate the Employee's obligations under this Agreement, and any attempted or purported
assignment or delegation not herein permitted shall be null and void.

14.Successors.Subject to the provisions of
paragraph 13, this Agreement shall be binding upon and shall inure to the benefit of the Corporation and the Employee and their respective heirs, executors, administrators, legal
administrators, successors and assigns.

15.Notices.Any notice or other communication required or
permitted hereunder shall be in writing and shall be deemed to have been given if delivered personally or mailed by certified or registered mail, return receipt requested, if to the Corporation, to:



and,
if to the Employee, to:



with
a copy to:



or
to such other address as may be specified by either of the parties in the manner provided under this paragraph 15.

16.Construction.This Agreement shall be deemed for all
purposes to have been made in the State of Missouri and shall be governed by and construed in accordance with the laws of the State of Missouri, notwithstanding either the place of execution hereof,
nor the performance of any acts in connection herewith or hereunder in any other jurisdiction.

17.Venue.The parties hereto agree that any suit filed arising
out of or in connection with this Agreement shall be brought only in the Federal Court for the Eastern District of Missouri, unless said Court shall lack jurisdiction, in which case such action shall
be brought only in the Circuit Court in the County of St. Louis, Missouri.

18.Disclosure of Existence of Agreement.To preserve the
Corporation's rights under this Agreement, the Corporation may advise any third party of the existence of this Agreement and its terms, and the Employee specifically releases the Corporation from any
liability for doing so.

19.Opportunity to Review.The Employee hereby represents and
warrants that he has fully reviewed this Agreement with counsel he has selected, that he understands the meaning and effect of each paragraph of this Agreement, and that he enters into this Agreement
with the intent to abide by its terms.

The
parties have executed this Agreement as of November 18, 2004.

| |  | THE DOE RUN RESOURCES CORPORATION,
d/b/a THE DOE RUN COMPANY
| |  | ------------------------------------------------------------
| |  | ("Corporation")                                             
| |  | By:                                                         
| |  |                                                             
| |  |                                                             
| |  |                                                             



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