NYSE rises June 12-16 after US Fed pauses interest rate hikes
Stocks in New York gained during the June 12-16 trading week after the United States Federal Reserve held off raising interest rates for the first time in more than a…
DRDGOLD Limited
US stocks gain over first trading week of 2023
U.S. markets rose moderately last week after investors digested mixed news on the work front. Markets initially retreated after employers added 223,000 jobs in December, more than analysts expected, which…
Sibanye-Stillwater takes stake in Australia’s New Century Resources
Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) is extending its footprint to Australia with a US$46 million acquisition of a 19.99% stake in New Century Resources (ASX: NCZ), which owns the Century tailings…
Sibanye-Stillwater becomes DRDGOLD’s majority owner
South Africa’s Sibanye-Stillwater (NYSE: SBGL) has exercised an option to acquire an additional 12% interest in DRDGOLD (NYSE: DRD), bringing the total stake in the gold tailings retreatment company to…
US markets slip slightly, Nov. 13-17
Gold closed Friday at US$1,293.40 per oz., up US$18.50 per ounce. The Philadelphia Gold and Silver Index rose 0.35% to 80.88 while the Dow Jones Industrial Average slipped 0.27% to…
Hello US$130 oil
The macroeconomic effects of higher oil prices made headlines around the world during the week ended May 24, the 21st trading week of 2008.
Friendly merger promises a new, Intrepid company
Intrepid Mines (IAU-T, IAU-A) and Emperor Mines (EMP-A, EMPMF-O) each have something the other needs.
After surviving DRC’s dog days, Banro nears its payday
SITE VISIT Bukavu, Democratic Republic of the Congo — Flying over lush green folds of land in the eastern Congo, the village huts below, surrounded by groves of banana trees,…
Intrepid, Emperor to merge
Emperor Mines (EMPMY-O, EMP-A) has found its buyer in Intrepid Mines (IAU-T, IAU-A), which has proposed a merger deal that values Emperor at $62 million.
Editor’s Picks: Deal-Making Aplenty
The most significant mining event of the fifteenth trading week of 2007 was very good news, even if the announcement was brief.
Gold Fields bids for WA, expanding Driefontein, Kloof
Coincident with its deal to acquire Barrick Gold’s (ABX-T, ABX-N) half stake in the South Deep gold mine in South Africa, which is co-owned by Western Areas (WARJF-O, WAR-J), Gold Fields (gfi-n) is bo…
Goldfields to deepen Driefontein, Kloof
Gold Fields (GFI-N, GOF-L, GOGOF-J) has announced plans to expand its two largest South African gold mines in a R4….