Anglo American Platinum Limited

De Beers confirms commitment to Canada

Although its roots are in South Africa, De Beers believes the emphasis given to Canadian diamond exploration is fully justified. Last year, Canada accounted for 40% of the US$73 million the company sp…


Anglo American bids farewell to Kolwezi

Anglo American (AAUK-Q) has decided to sell its half-interest in Congo Mineral Developments (CMD), the joint venture that holds a 60% interest in the Kolwezi copper-cobalt tailings project in the Demo…


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 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 …


Weaker U.S. stocks stumble

With markets weakening across the board, mining stocks were generally lower on U.S. exchanges. The Dow Jones Industrial Average fell 119.07 points, or 1.3% of value, over the five trading days from Ju…


Anglo find propels Aussie explorers

Vancouver — With delineation drilling on the Boyongan prospect outlining what appears to be one of the highest-grade copper-gold porphyry discoveries in recent memory, Australian-listed Greenstone Re…


Partners drill River Valley (June 24, 2002)

Drilling by Mustang Minerals (YMU-V) and South African-based Impala Platinum Holdings (Implats) has highlighted more platinum group metal mineralization in the River Valley intrusion of northern Ontar…


New bedrock exposures expand Wawa diamond play

Diamond exploration in Ontario has had several false starts since speculation about the origin of gems in glacial drift south of the Great Lakes led explorers to the province more than a century ago.L…


Silver adds shine to gold’s lustre

Vancouver — Canada’s junior exchange rallied over the report period ended June 4, as investors added silver-related stocks to their recent purchases of junior gold issues. The Standard & Poor’s-TSX V…


Mining stocks survive broad market woes

The release of another cautious U.S. consumer report pushed the Standard & Poor’s 500 index down 8.93 points, or 0.8%, during the holiday-shortened May 22-28 report period. Likewise, the Down Jones In…


Golds up in weaker US market

Generally gloomy economic news and weakness in the “new-economy” stocks brought the U.S. stock markets down over the report period May 15-21. The broadly based Standard & Poor’s 500 index fell 17.4 po…


Anooraq inks Amplats deal in Bushveld

Vancouver — It used to be that only the powerful South African majors had any hope of holding ground in the Bushveld igneous complex, home to 80% of the world’s known resources of platinum group meta…


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