Majors hot for Ashanti’s stake in Geita project
Ashanti Goldfields’ (ASL-N) fire sale of a 50% joint-venture interest in its promising Geita mine project in the Lake Victoria Goldfields of northwestern Tanzania has attracted the attention of a half…
Ashanti Goldfields Company Limited
Partners sweeten Samira Hill project
Ongoing drilling at the Samira Hill project in Niger has confirmed two high-grade zones in the otherwise low-grade Libiri gold deposit.Partners Etruscan Resources (EET-T) and Semafo (SMF-T) are in the…
EXPLORATION ’99 – New gold camp gives Tanzania a leg up
Special to The Northern MinerTanzania’s unique combination of prospective geology and stable government is drawing unprecedented amounts of mining investment at a time when spending in most of Africa …
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Rising gold saves miners
The Dow Jones industrial average posted a modest gain of 63.3 points to 10,995.63 during the pre-holiday report period ended Nov. 23.Spot gold on the Comex division of the New York Mercantile Exchange…
Companies (November 29, 1999)
AMT International MiningAnglo AmericanAnglogoldAnooraq ResourcesBema GoldCancor MinesChannel ResourcesChief Consolidated MiningComaplex MineralsConquistador MinesCorner Bay MineralsCumberland Resource…
EXPLORATION ’99 – NovaGold outlines targets near Pogo
NovaGold Resources (NRI-T) has identified three drill targets at the Caribou project, 40 km northwest of the promising Pogo deposit in the Tintina gold belt of Alaska.Caribou comprises about 48 sq. km…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Gold lifted by rate hike
The Dow Jones industrial average climbed 315.01 points, or 3%, to 10,932.33, late in the report period ended Nov. 16, spurred by an interest rate hike by the U.S. Federal Reserve.The rate hike helped …
Companies (November 15, 1999)
Aber ResourcesAfrioreAnaconda NickelAnglo AmericanAnglogoldApex Silver MinesAshanti GoldfieldsAtna ResourcesAurizon MinesBarrick GoldBattle MountainBema GoldBlack Hawk MiningCambiorCamecoCanarc Resour…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Slumping silver slams miners
The Dow Jones industrial average posted a modest gain of 35.48 points for the week ended Nov. 9, closing at 10,617.32. Miners were mixed with gold and copper holding steady and silver sliding.American…
Ashanti Goldfields rejects revised Lonmin bid
Ashanti Goldfields (ASL-N) has rejected a revised takeover offer from British-based Lonmin, its major shareholder.Lonmin, which owns 32% of the Ghanaian-based miner, increased its bid of 16 shares for…
Companies (November 01, 1999)
Achieva DevelopmentAlmaden ResourcesAnooraq ResourcesAsarcoAshanti GoldfieldsAtna ResourcesBarrick GoldBlackstone ResourcesBlue Desert MiningBreakwater ResourcesCambiorCamflo ResourcesCamnor Resources…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Miners tarnish as gold falls
The Dow Jones industrial average slipped 97.2 points, or 0.01%, during the report period ended Oct. 26 to close at 10,302.13.Mining issues tumbled as gold continued its fall to US$288.90 on the Comex …