AngloGold (Jerritt Canyon) Corp

2002 marked by further consolidation

It did not feel as momentous as 2000 or 2001, when we saw the creation of several global mining giants, but 2002 was full of smaller-sized mergers, particularly in the precious metals sector.Among the…


Golds rise against tide

Rising gold shares were set off in contrast to most other market sectors after a poor three trading days on the U.S. exchanges, Dec. 23-27. The Dow, declining 207.54 points to 8,303.78, and the S&P 50…


Gold touches US$355 per oz.

Gold bugs were particularly exultant during the report period ended Dec. 20 as the yellow metal surged to US$355 per oz. on Dec. 19. during intra-day, European trading.However, any belief in gold is s…


Golds show life signs

U.S. markets moved sideways over the reporting period Dec. 11-17, but the mining stocks, particularly the golds, ran up substantially. The Dow, which fell 38.87 points to 8,535.39, was down slightly, …


Rubicon tests Rivard

Vancouver — A first phase of drilling by Rubicon Minerals (RMX-V) at its recently acquired Rivard gold project in northwestern Ontario is investigating mineralization downdip of surface occurrences.S…


Stillwater mauled

The biggest news of the period under review was Noril’sk Nickel’s move to acquire a majority interest in troubled U.S. palladium-platinum producer Stillwater Mining for a combination of cash and physi…


JP Morgan dispels rumours

The gold bugs watched in glee as their arch nemesis, JP Morgan, the counterparty to most gold-derivatives trading, issued a statement that refuted rumours it had recently lost upwards of US$17 billlio…


Precious metals miners shine

While gold prices ended the report period virtually unchanged at around US$317 per oz., gold bugs drew encouragement that most of the gold miners showed uncharacteristic strength and added to the prev…


Iamgold, Repadre agree to combine

Two of the smaller but richer companies in the gold business, Iamgold (IMG-T) and Repadre Capital (RPD-T), have announced plans to merge in an all-share transaction that would see Repadre shares trade…


Golds slump in weak market

Dow 36,000 receded further into the distance over the report period Oct. 1-8, with the bellwether U.S. stock index plunging 437.30 points to finish at 7,501.49. But the gold stocks, which have been fe…


Golds lead way

With prices surging US$8 into the mid-US$320-per-oz. range, producers of the yellow metal proved to be the only bright spot in the U.S. markets during the report period ended Sept. 24.The U.S.-listed …


Gloomy start to September

A market rout on September’s first trading day in the U.S. might be a sign of further carnage to come this fall. For the report period ended Sept. 3, the major indices retested post-9-11 lows, with th…


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