Anglo American plc

Anglo American bids farewell to Kolwezi

Anglo American (AAUK-Q) has decided to sell its half-interest in Congo Mineral Developments (CMD), the joint venture that holds a 60% interest in the Kolwezi copper-cobalt tailings project in the Demo…


Proposals sink SA shares

The stocks of South African-based miners headed south during the report period ended July 30 as political risk made a stark reappearance.In a document leaked to a Johannesburg-based web site in late J…


US markets stay weak

Stock markets in the U.S. were little-changed over the holiday-shortened trading period July 3-9. Over four trading days, the Dow Jones Industrial Average managed a 1% gain, to 9,096.09 points, while …


Weaker U.S. stocks stumble

With markets weakening across the board, mining stocks were generally lower on U.S. exchanges. The Dow Jones Industrial Average fell 119.07 points, or 1.3% of value, over the five trading days from Ju…


Anglo find propels Aussie explorers

Vancouver — With delineation drilling on the Boyongan prospect outlining what appears to be one of the highest-grade copper-gold porphyry discoveries in recent memory, Australian-listed Greenstone Re…


New bedrock exposures expand Wawa diamond play

Diamond exploration in Ontario has had several false starts since speculation about the origin of gems in glacial drift south of the Great Lakes led explorers to the province more than a century ago.L…


Mining stocks survive broad market woes

The release of another cautious U.S. consumer report pushed the Standard & Poor’s 500 index down 8.93 points, or 0.8%, during the holiday-shortened May 22-28 report period. Likewise, the Down Jones In…


Golds up in weaker US market

Generally gloomy economic news and weakness in the “new-economy” stocks brought the U.S. stock markets down over the report period May 15-21. The broadly based Standard & Poor’s 500 index fell 17.4 po…


Anglo gains Disputada for US$1.3 billion

Vancouver — Adding some muscle to its already-impressive base metals portfolio, London-based Anglo American (AAUK-Q) has agreed to buy Exxon Mobil’s (XOM-N) Chilean copper mining subsidiary for US$1….




Inmet, LionOre score WA discoveries

Inmet Mining (INM-T) has discovered a high-grade zinc-copper massive sulphide deposit in the Northeastern Goldfields region of Western Australia, the same area where LionOre Mining International (lim-…


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