FACTS ‘N’ FIGURES — The rise of gold swaps
The launch of the European Central Bank in July and the approach of European monetary union raise a number of interesting possibilities for gold in the official sector. At the same time, the lack of t…
Gold Fields Limited
Russian gold production soaring
Between January and April, Russian gold-mining enterprises produced 14.13 tonnes of gold, up from 11.82 tonnes in the corresponding period of 1997.Russia’s economics ministry has set a production targ…
GOLD AND PRECIOUS METALS — Gold companies merge for growth, or survival — Majors, mid-tier producers and juniors take part in merger mania
From the largest South African producers to juniors with small mines, gold companies are joining forces in an attempt to weather a prolonged slump in prices that has already taken its toll on a number…
FACTS ‘N’ FIGURES — Evaluating gold’s slump
In Gold 1998, the latest annual survey of the gold market, Gold Fields Mineral Services (GFMS) focuses on the causes of the sharp fall in the gold price during 1997, when the average PM fix in London,…
Companies (May 25, 1998)
Agnico-Eagle MinesAltius MineralsAmax GoldAnglo AmericanAnglogoldAnzex ResourcesApex SilverArian ResourcesAur ResourcesB.Y.G. Natural ResourcesBand-Ore ResourcesBanro ResourceBarrick GoldBattle Mounta…
Treminco acquiring Montana gold mine — Newmont unit to get cash, shares
Junior Treminco Resources (TMO-T) has signed a letter-of-intent with two subsidiaries of Newmont Gold (NGC-N) to acquire the Elkhorn gold project in Montana.Treminco must issue 550,000 shares and pay …
FACTS ‘N’ FIGURES — Gold sales in perspective
The subject of central banks and gold has become a major issue for the world gold market. One question being widely discussed is “Do recent central bank sales of gold invalidate the role of gold as a …
FACTS ‘N’ FIGURES — Indian silver imports on rise
Silver imports into India totalled more than 100 million oz. in the first eight months of 1997 — a 50% increase over the same period last year, according to Gold Fields Mineral Services. And with fur…
AFRICA — Golden Knight sees bright future for projects in West Africa — Development at Tarkwa nearly complete
Although its work in the Night Hawk Lake area of Ontario has attracted more attention of late, Golden Knight Resources (GKR-T) holds an impressive portfolio of gold properties in far-off Burkina Faso …
EXPLORATION ROUNDUP — Platexco explores for platinum in South Africa –Drills target Merensky, UG-2 reefs at Winnaarshoek property
Steelpoort, South Africa — Emerging with a victory after years of legal wrangling with South African giant Anglo American, junior Platexco (PGMI-C) has begun an exploration campaign on the Winnaarsho…
Anglo forms top gold company
For decades, South Africa-based mining house Anglo American has been a huge, complex organization in which dozens of mines were held by dozens of publicly traded operating companies. This is no more.P…
GLOBAL SEARCH FOR GOLD — Gold demand rises as prices languish
Reports released by two prestigious precious metals research goups paint rosy portraits of future gold demand.Both New York City-based CPM Group and London-based Gold Fields Mineral Services refer to …