Ashanti Goldfields Company Limited


U.S. markets — Dow dips as gold languishes

The Dow Jones Industrial average lost 107.12 points (or 1.2%) during the report period of May 13-19. The average spent the last half of the week in decline before posting a minor gain to close at 9,05…




Companies (May 18, 1998)

Abacus MineralsAber ResourcesAdrian ResourcesAlberta EnergyAnglo AmericanAnglogoldAshanti GoldfieldsAshton Mining of CanadaAur ResourcesAurado ExplorationAurizon MinesBarrick GoldBattle Mountain Canad…


U.S. MARKETS — Dow follows gold’s decline

The Dow Jones Industrial average was down over the April 22-28 report period, closing at 8,898.96 on fears of higher interest rates in the bond market. The Dow slipped 285.98 points (or 3.1%), includi…



Ashanti poised for further growth

In early 1997, mining analysts from the London branch of Banque Paribas estimated that it would be a year before the benefits of a restructuring undertaken by Ashanti Goldfields (AHD.U-T) would be fel…


U.S. MARKETS — Dow ends on new high

The Dow Jones Industrial average closed the April 15-21 report period at a record high of 9,184.94. The average was up 74.74 points, or 0.8%, for the week.A surge in the price of gold late in the repo…



Sahelian fires up Poura gold mine

Having successfully revived the past-producing Poura underground mine, owner Sahelian Goldfields (SHGI-C) has joined the ranks of gold producers and re-established Burkina Faso as a gold-producing nat…


AFRICA — NEWS ROUNDUP — Ashanti advances Tera

A second-phase program by Ashanti Goldfields (AHD.U-T) will continue to test the Tera gold project in Niger.The African gold producer holds rights to earn 51% of Carlin Resources’ (CLM-V) 90% interest…


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