Dow posts heavy losses
The Dow Industrials got pummeled during the report period ended March 7, falling 332.28 points, or 3.3%, to 9,796.03. It was the second time in two weeks the Dow had dipped below the 10,000 mark, as t…
Gold Fields Limited
Gold Fields tackles costs at Driefontein
The Witwatersrand Basin of South Africa is home to some of the deepest and largest underground gold mines in the world, including Driefontein, which has produced more than 93 million oz. since operati…
INDEX (March 05, 2000)
Agnico-Eagle3Akrokeri23Anaconda3Anglo Am15Anglo Am. Platinum3Atna1, 24Barrick3, 6Battle Mt.24Billiton15Bol…
INDEX SECTION C
AbaddonC6AberC11AquestC10AshtonC11AtikokanC5AtnaC5BarrickC7, C8BrazalianC10Broken HillC7, C10Buffalo Diamo…
Gold Fields aims to compete globally
Gold Fields (GOLD-Q), the world’s third-largest producer of the yellow metal, is taking steps to expand its asset base, according to statements made by the senior vice-president of exploration.Speakin…
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 08, 1999)
Agnico-Eagle MinesAltoro GoldBreakwater ResourcesBroken Hill ProprietaryBuryatzolotoCambiorConsolidated Norsemont VenturesConsolidated Pine Channel GoldCopper HillEcho Bay MinesEcuadorian Mi…
Gold Fields eyes St. Helena mine
Gold Fields (GOLD-Q) plans to acquire all the outstanding shares of Johannesburg-listed St. Helena Gold Mines it does not already own.The South African-based company hopes to acquire the shares (equiv…
Ashanti posts strong second quarter
Low operating costs triumphed over weak gold prices for Ashanti Goldfields (ASL-N), propelling the company to a profitable second quarter.The Ghana-based producer earned US$16.4 million (or 15 cents p…
Kennecott eyes Alaskan properties
Kennecott Canada Exploration has signed separate deals with NovaGold Resources (NRI-T) to earn majority interests in the Caribouand Anvil Creek gold projects in Alaska’s Fairbanks and Nome districts, …
Get used to low prices: study
In its latest survey, released in April, London-based Gold Fields Mineral Services (GFMS) predicts that gold prices “will probably be locked within a range of US$265 to US$305 for the rest of the year…
PRECIOUS METALS — Nevada Pacific aims drills at Moreau project
Junior Nevada Pacific Gold (NPG-V) has begun a 4,000-ft. program of reverse-circulation (RC) drilling at its fully owned Moreau gold project, near Parker, Ariz.The company will test for gold mineraliz…