Gold Fields Limited

Rocky week for investors

The May 5-11 report period was a rotten one for most shareholders in the U.S., as markets suffered a broad pullback in response to sharp setbacks in Iraq, oil-price shocks, and concerns that the Federal Reserve will finally begin to raise interest…




Miners dodge market slide

A generally poor report period for U.S. equity markets didn’t extend to the mining stocks, which were mostly higher over the five trading days March 17-23 as the Dow Jones industrial average and the S&P 500 index both fell slightly more than 1%.


Gold Fields battered by volatile rand

A tough operating environment at home has spurred Johannesburg-based Gold Fields (GFI-N) to step up a global diversification program.In the past few months, the company acquired the Cerro Corona gold-…



Orezone tests Bondi project

The first seven infill holes drilled on the Bondi gold property in Burkina Faso have returned encouraging results for Orezone Resources (ORZ-T).The reverse-circulation (RC) program focused on the Main…


Radius tallies Tambor gold

Vancouver — An independent estimate commissioned by Radius Explorations (RDU-V) suggests that the Tambor property in Guatemala has a resource equivalent to 274,000 oz. gold.Based on a cutoff grade of…


Gold Fields enters Peru

South Africa’s Gold Fields (GFI-N) has agreed to acquire a 92% interest in Peruvian-based Sociedad Minera La Cima. No price was reported, as financial details were still being discussed.Sociedad Miner…



Gold stocks down as bullion rises

This was a week of mainly sideways motion in the U.S. equity markets, with the Dow Jones Industrial Average rising 69.78 points to 9,923.42, as the Standard & Poor’s 500 Index fell 6.44 points to 1,06…


Royal Gold to bankroll Capital

New York-based junior Capital Gold celebrated a watershed financing that paves the way for construction of its El Chanate mine in Sonora state, Mexico.Denver-based Royal Gold is supplying the entire c…


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