Market eyes rate cut
Denver — The Dow Jones industrial average climbed 231.39 points, or 2.2%, to 10,881.20 during the report period ended Jan. 30, in anticipation of the 0.5% interest rate cut by the U.S. Federal Reserv…
Harmony Gold Mining Company Limited
Gold shines through auction
Denver — The Dow Jones industrial average was quiet during the report period ended Jan. 23, moving down 9.85 points, or 0.1%, to 10,649.81, while spot gold perked up to US$266.10 on the Comex divisio…
Dow moves up slowly
Denver — The Dow Jones industrial average edged up 80.11 points, or 0.8%, to finish the Jan. 10-16 report period at 10,652.66, as the market entered what could turn out to be a rocky season for earni…
Rate cut can’t stop slide
Denver — The sudden interest rate cut by the U.S. Federal Reserve put a charge into the market on Jan. 3, only to see record-setting gains evaporate. The market finished the report period ended Jan. …
Dow begins year on down beat
Denver — During the holiday-shortened report period Dec. 27, 2000-Jan. 2, 2001, U.S. markets showed little movement: the Dow Jones industrial average began the first trading day of 2001 down 1.3%, wh…
Market awaits election outcome
Denver — The Dow Jones industrial average fell 271.12 points, or 2.5%, to 10,681.06 for the period ended Nov. 14, owing to uncertainty and confusion surrounding the U.S. presidential election.However…
Dow awaits election results
Denver — The Dow Jones industrial average paused for the U.S. election, falling a mere 18.96 points, or 0.2%, to close at 10,952.18 for the week ended Nov. 7, while mining issues continued their desc…
Grade problems hamper Harmony’s performance
During a period when South Africa’s mining industry consolidated to a handful of companies from 37 producers, Harmony Gold Mining (HGMCY-Q) grew into a multi-million-ounce producer by expanding beyond…
Dow leaves miners behind
Denver — The Dow Jones industrial average bounded up 578.07 points, or 5.6%, during the report period ended Oct. 31, erasing losses from two weeks ago, though mining issues were mixed.Spot gold on th…
Dow pulls back from big loss
The Dow Jones industrial average suffered a staggering drop during the report period ended April 18, though late-week trading cut the losses to 4.6%. The Dow ended the week down 519.66 points at 10,76…
Dow Jones edges higher
The Dow Jones industrial average climbed 122.24 points, or 1.1%, during the report period ended April 11 to close at 11,287.08, as investors continued fleeing high-tech stocks on the Nasdaq.Spot gold …
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…