Harmony Gold Mining Company Limited

Gold’s prospects dominate Aussie mining conference

Kalgoorlie, Australia — Consolidation in the gold mining sector and an optimistic outlook for the price of bullion over the next 18 months had delegates in high-spirits at the 10th annual Diggers & D…


Newmont rises with strong quarter

Newmont Mining turned in its first quarterly report since its mega-merger with Franco-Nevada Mining and Normandy Mining, and the results augur well for the company’s future. The company, now the world…


Placer extends bid

With about 21% of AurionGold’s shares tendered to its cash-sweetened bid late on Aug. 6, unrequited suitor Placer Dome (PDG-T) surprised no one and extended its offer for the Aussie gold miner by nine…


AurionGold rejects cash-sweetened bid

Vancouver — Directors of Australian miner AurionGold are sticking to their guns and advising shareholders to reject a revised, hostile bid from Placer Dome (PDG-T).With falling gold prices knocking P…


Proposals sink SA shares

The stocks of South African-based miners headed south during the report period ended July 30 as political risk made a stark reappearance.In a document leaked to a Johannesburg-based web site in late J…


US mining shares walloped

The 7-day period that ended July 23 was marked by relentless waves of panic selling in markets across the world. In the U.S., the S&P 500 index sank 11.4% to 797.71 points, the Dow Jones Industrial Av…


Placer extends AurionGold offer (July 22, 2002)

For a second time, but now with a whiff of desperation, Placer Dome (PDG-T) has extended the closing date for its hostile, all-share offer for Australian-listed AurionGold. The new deadline is Aug. 7….


AurionGold advises rejection of Placer offer

Directors of Australian gold miner AurionGold have gone beyond their initial recommendation that shareholders not react to Placer Dome’s (PDG-T) hostile, all-share takeover offer. They are now advisin…


US markets stay weak

Stock markets in the U.S. were little-changed over the holiday-shortened trading period July 3-9. Over four trading days, the Dow Jones Industrial Average managed a 1% gain, to 9,096.09 points, while …


AurionGold eyes sweetener (July 01, 2002)

As expected, the board of directors of Aussie takeover target AurionGold has advised shareholders not to accept Placer Dome’s (PDG-T) all-share bid, as it wrangles for a cash sweetener.In a letter acc…


Golds retrench

With bullion prices finding new support at around US$318 per oz., the U.S.-listed gold companies spent the report period June 12-18 consolidating at levels about 5% lower than the 52-week highs attain…


Golds drop on profit-taking

After several weeks of spectacular gains driven by higher bullion prices, U.S.-listed gold stocks retrenched over the report period that ended June 4.Newmont Mining fell 41 to US$31.56, AngloGold dro…


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