We have systematically investigated the structural, magnetic and transport
properties of as-quenched and annealed Co20NixCu80-x (0 less than or equal
to x less than or equal to 20) granular alloys prepared by melt spinning. T
he microstructure of granular ribbons of Co-Ni-Cu shows a matrix in which n
anoparticles of Co-Ni are well distributed, very different from that of gra
nular ribbons of Ca-Cu in which fun-grown Co microparticles are embedded in
a Cu matrix. The phase segregation in the Co-Ni-Cu granular ribbons is not
a pure nucleation and growth process as in the Co-Cu granular ribbons, but
also not purely due to spinodal decomposition. In contrast to the ribbons
with high Ni content, the low-Ni-content ribbons show an increase in magnet
oresistance (Delta R/R congruent to 6.2% at 300 K for Co20Ni5Cu75, which is
larger than in as-quenched and annealed Co-Cu ribbons.