AngloGold (Jerritt Canyon) Corp

Market weakens entering summer

Denver — The Dow Jones industrial average slumped 351.71 points, or 3.2%, to 10,596.67 for the report period ended June 19, as the market slipped into the summer doldrums. The Nasdaq dipped below 2,0…


Iamgold ponders fate of exploration projects

Recent exploration has prompted Iamgold (IAM-T) to walk away from the FSC project, in South Africa, and consider a similar action at the Moeda and Retazos projects in Brazil and Ecuador, respectively….


Gold regains lost ground

Denver — The Dow Jones industrial average sunk 227.46 points, or 2%, to close at 10,948.38 for the report period ended June 12, while spot gold on the Comex division of the New York Mercantile Exchan…


Placer squeezes more gold out of Pipeline

Denver — The start of mining at the South Pipeline deposit and an ore-sales agreement with the Jerritt Canyon operation are expected to contribute to a 17% increase in gold output at the Pipeline com…


AngloGold expands Cresson mine

Denver — The Cresson gold mine, part of the Cripple Creek & Victor joint venture, southwest of Colorado’s Pikes Peak, is producing ore at greater than its design capacity.Originally designed to crush…


Few bright spots in down market

Denver — The Dow Jones industrial average climbed 136.70 points, or 1.2%, to 11,175.84 during the report period ended June 5, while spot gold slumped to US$265.70 on the Comex division of the New Yor…


More gold at Intidougou

Drilling by Orezone Resources (ORZ-T) and its Australian partner, Delta Gold, has intersected more near-surface gold at the Intidougou project in Burkina Faso.The partners sank 15 reverse-circulation…


Etruscan Resources picks up new African properties

West African explorer Etruscan Resources (EET-T) is expanding its presence in that region by acquiring properties in Mali and Ivory Coast.The Malian acquisition is the Djelimangara exploration permit …


Teck eyes Kantela, Shea

Teck (TEK-T) is funding an exploration program at Orezone Resources’ (ORZ-T) Kantela gold property in Mali.The major can earn 60% interests in the Kantela and Shea gold properties (the latter is in Gh…


Low-cost gold mines: the new survivors

As the gold price rallies, only to sink again, the measure of a good gold project is less and less its production and more and more its operating margin. The need to make money in a small way is winni…


Market catches gold fever

Denver — The Dow Jones industrial average surged again after a brief respite, climbing 384.27 points, or 3.5%, to 11,257.24, its highest point in 15 months. The Nasdaq hit 2313.85.Spot gold on the Ne…


El Peon powers Meridian (May 21, 2001)

Denver — Mid-sized gold producers have borne the brunt of low prices during the past year, mostly because so few have mines capable of producing gold for less than US$100 per oz. One notable exceptio…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close