De Beers Consolidated Mines Limited


Gold stages comeback, palladium touches new high

In another strong display of staying power, gold jumped US$4.50 over the holiday-shortened Dec. 20-26 report period, adding to a 25 gain in the previous week. The yellow metal, which was fixed at US$…


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…


Analysts take shine to diversified juniors

At an in-house conference for the retail side of Yorkton Securities, mining analysts Douglas Leishman and Art Ettlinger highlighted seven diversified junior exploration companies that they regard as r…


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…


Marsfontein still producing

The Land Claims Court of South Africa has dimissed an application to halt activities at the Marsfontein diamond mine, reports SouthernEra Resources (SUF-T).The Ga-Magashula Community Trust had filed f…


De Beers withdraws from bid

De Beers Consolidated Mines (DBRSY-Q) is withdrawing its takeover bid for Australia’s Ashton Mining now that rival Rio Tinto (RTP-N) has received acceptances for 51.89% of Ashton’s shares.De…


Knife pipe tested

De Beers Consolidated Mines (DBRSY-Q) has analyzed samples from the Knife kimberlite on Rhonda’s (RDM-V) Epworth property near Coronation Gulf in Nunavut.Twenty samples representing an aggregate of 39…


Dow awaits election results

Denver — The Dow Jones industrial average paused for the U.S. election, falling a mere 18.96 points, or 0.2%, to close at 10,952.18 for the week ended Nov. 7, while mining issues continued their desc…


Ashton urges acceptance of De Beers’ bid

The board of directors of Australian-listed Ashton Mining has recommended that its shareholders reject Rio Tinto’s (RTP-N) A$1.85-per-share offer, which it described as “neither fair nor reasonable,” …


Dow leaves miners behind

Denver — The Dow Jones industrial average bounded up 578.07 points, or 5.6%, during the report period ended Oct. 31, erasing losses from two weeks ago, though mining issues were mixed.Spot gold on th…


Dow Jones edges higher

The Dow Jones industrial average climbed 122.24 points, or 1.1%, during the report period ended April 11 to close at 11,287.08, as investors continued fleeing high-tech stocks on the Nasdaq.Spot gold …


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