AngloGold Ashanti sells South African assets to Harmony Gold
AngloGold Ashanti (NYSE: AU) is selling its assets in South Africa to Harmony Gold (NASDAQ: HMY) in a deal worth about US$300 million. Harmony Gold has nine underground operations in…
AngloGold Ashanti Limited
US markets mixed, Oct. 14-18: Agnico Eagle, AngloGold Ashanti, Newmont Goldcorp
The Dow Jones Industrial Average fell 0.17% to 26,770.20, while the S&P 500 Index rose 0.54% to 2,986.20. Gold stayed relatively flat at US$1,489.60 per oz., up 0.05% for the…
US markets down, Sept. 16-20: AngloGold, Peabody, Alcoa
The Dow Jones Industrial Average fell 1.05% to 26,935.07, and the S&P 500 Index fell 0.51% to 2992.07. Spot gold gained US$28.80 per oz. to finish the trading week at…
Pure Gold Mining raises $47.5M for Madsen
Vancouver-based junior Pure Gold Mining (TSXV: PGM, LON: PUR) has raised $47.5 million that will go a long way to push forward its flagship Madsen gold project in Red Lake,…
Corvus Gold chips away at North Bullfrog-Mother Lode
Before he founded International Tower Hill Mines (TSX: ITH; NYSE-AM: THM) in the mid-2000s and discovered the Livengood deposit in Alaska — a development project that now has an estimated…
B2Gold earmarks US$43M for global exploration
B2Gold (TSX: BTO; NYSE-AM: BTG) was created as a junior exploration company in 2007, and since then it has grown to become an intermediate gold producer, with five mines in…
Editorial: Gold majors jostle for attention in Denver
The pecking order within the global gold mining industry is never more on display each year than at the Denver Gold Forum in September, with miners and developers of all…
AngloGold terminates JV with Equinox
AngloGold Ashanti (NYSE: AU) has terminated the earn-in joint venture at Equinox Gold’s (TSXV: EQX; US-OTC: EQXGF) Aurizona gold mine project in northeastern Brazil. Equinox now has a 100% interest…
US markets falter, Oct. 16-20
Gold closed at US$1,280 per oz., down US$23.30 per ounce. The Philadelphia Gold and Silver Index dropped 2.61% to 85.01, while the Dow Jones Industrial Average stayed strong, rising 2%…
US markets post marginal gains, Aug. 21-25
The Dow Jones Industrial Average advanced 0.64% to 21,813.67 and the S&P 500 Index rose 0.72% to 2,443.05. The Philadelphia Gold & Silver Index increased 2.29% to 85.82. Freeport-McMoRan was…
Pretium raises Brucejack’s capital costs, accelerates commissioning
Pretium Resources (TSX: PVG; NYSE: PVG) has upped the estimate of the amount of money it will need to finish building its Brucejack mine in northwestern British Columbia. Capital costs…
Editorial: Gold miners find room to breathe
With gold prices holding steady for months above US$1,300 per oz., and years of painful cost-cutting and writedowns now firmly in the past, the mood of gold miners in attendance…