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…
Gold Fields Limited
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…
Companies (May 03, 1999)
AnglogoldArgentina GoldArgosy MiningAsarcoAshanti GoldfieldsAshton MiningAtna ResourcesB.Y.G. Natural ResourcesBarrick GoldBattle Mountain GoldBolidenBroken Hill ProprietaryCaldera ResourcesCalliope M…
Resolute buys out Ashanti’s stake at Golden Pride
Australian-based Resolute will pay US$40 million for the remaining half-interest in the Golden Pride mine that it does not already own. The half-interest in the Tanzanian mine is currently held by Ash…
Gold Fields to merge with Driefontein
Shareholders of both Driefontein Consolidated (DRFNY-Q) and Gold Fields (GLDFY-O) have given the nod to a proposed merger of the companies into a larger and more diversified Gold Fields.Driefontein op…
Golden Knight shareholders OK merger with Repadre
Shareholders of Golden Knight Resources (GKR-T) have approved a proposed merger with Toronto-based royalty company Repadre Capital (RPD-T).More than 99.6% of shareholders voted in favour of Golden Kni…
Tarkwa wipes US$75m debt
Gold Fields (GDFDY-O) and Golden Knight Resources (GKR-T) have eliminated US$75 million in debt related to the construction of the Tarkwa gold mine in southwestern Ghana.The South African major, which…
Companies (March 29, 1999)
Adobe VenturesArabian Shield DevelopmentArimex MiningAtna ResourcesAuric ResourcesAvalon VenturesBand-Ore ResourcesBarrick GoldBattle Mountain GoldBolidenBroadlands ResourcesCambiex Explora…
OVERSEAS QUOTES (March 22, 1999)
Close: Tuesday March 16, 1999SOUTH AFRICA (SA Rand)VolumeCloseAnglovaal Mg290,00024.40Avgol…
U.S. MARKETS — Dow climbs toward new high
The Dow Jones industrial average climbed 247.39 points over the report period ended Feb. 23, to 9,544.42 — 100 points shy of a new high.Mining issues were mixed. Most copper producers continued to su…
OVERSEAS QUOTES (March 01, 1999)
Close: Tuesday February 23, 1999SOUTH AFRICA (SA Rand)StockVolumeCloseAnglovaal Mg298,30024.50…
Energold’s expansion reflects stability in Dominican Republic
Having established its presence here more than a decade ago, Energold Mining (EGD-V) is continuing to focus on exploring for volcanogenic massive sulphide (VMS), porphyry copper-gold and epithermal go…