AngloGold (Jerritt Canyon) Corp

Iamgold posts more quarterly profits

Vancouver — Markham, Ont.-based Iamgold (IMG-T) continues to post profits, thanks to record production during the third quarter.The company holds a 38% stake in the Sadiola gold mine through Mali-bas…


Ashanti ups output in West Africa

Denver — Ashanti Goldfields (ASL-N) has posted record gold production and improved operating costs for the fourth quarter.Production topped 1.7 million oz. gold in 2000, up from 1.6 million oz. in 19…


Market eyes rate cut

Denver — The Dow Jones industrial average climbed 231.39 points, or 2.2%, to 10,881.20 during the report period ended Jan. 30, in anticipation of the 0.5% interest rate cut by the U.S. Federal Reserv…


Randgold pulls plug on mine

Denver — In response to low gold prices, Randgold Resources has suspended mining operations at the Syama gold mine in southern Mali. The company, a subsidiary of Randgold & Exploration Co. (RANGY-Q),…


Partners active near Red Lake

Vancouver — Partners Rubicon Minerals (RMX-V) and AngloGold (AU-N) have begun a 450-metre program of diamond drilling at the Norseman geophysical target, 30 km northeast of Red Lake, Ont.Ground magne…


Gold shines through auction

Denver — The Dow Jones industrial average was quiet during the report period ended Jan. 23, moving down 9.85 points, or 0.1%, to 10,649.81, while spot gold perked up to US$266.10 on the Comex divisio…


Dow moves up slowly

Denver — The Dow Jones industrial average edged up 80.11 points, or 0.8%, to finish the Jan. 10-16 report period at 10,652.66, as the market entered what could turn out to be a rocky season for earni…


Dow begins year on down beat

Denver — During the holiday-shortened report period Dec. 27, 2000-Jan. 2, 2001, U.S. markets showed little movement: the Dow Jones industrial average began the first trading day of 2001 down 1.3%, wh…


Mergers dominate lacklustre year in US mining

Denver — The year 2000 began on a note of optimism for mining in the U.S. The Washington Agreement, an accord of Europe’s top bullion-holders that aims to regulate and limit sales, promised to revive…


Leadville options Mexican gold deposit

Denver — Junior Leadville Mining & Milling (LMMI-O) has signed a letter of intent to acquire the El Chanate gold property in Sonora state, Mexico, from a subsidiary of AngloGold (AU-N).The junior has…


Dow, Nasdaq continue to slide

Denver — With the U.S. presidential election still unresolved, the Dow Jones industrial average continued its fall, sinking 186.56 points, or 1.7%, to finish at 10,681.06 at the end of the report per…


Market awaits election outcome

Denver — The Dow Jones industrial average fell 271.12 points, or 2.5%, to 10,681.06 for the period ended Nov. 14, owing to uncertainty and confusion surrounding the U.S. presidential election.However…


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