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. …
Anglo American Platinum Limited
Metal markets anything but shiny in 2000
While it didn’t provide the unremitting gloom of the years immediately following the Asian economic crisis, 2000 might be remembered by many metal producers as the year of the recovery that never was….
Anglo starts airborne EM at Aripuana
Partners Anglo American (AAUK-Q) and Karmin Exploration (YKA-V) have started an airborne electromagnetic survey over their Aripuana massive sulphide property in Brazil’s Mato Grosso del Norte state.Th…
Dow, Nasdaq continue to slide
Denver — With the U.S. presidential election still unresolved, the Dow Jones industrial average continued its fall, sinking 186.56 points, or 1.7%, to finish at 10,681.06 at the end of the report per…
Zambian Copper belt rebounds
Once a copious producer of copper, Zambia has fallen on hard times of late. In 1999, the country’s output totalled just 260,000 tonnes — a far cry from the historic annual peaks of 700,000 tonnes bet…
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…
HudBay explores BC find
Junior Eureka Resources (EUK-V) is awaiting the results of drilling carried out by Anglo American (AAUK-Q) affiliate Hudson Bay Exploration & Development on the Lottie Lake prospect in central British…
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…
PNWC confirms values at Lismer Ridge
Vancouver — Three diamond drill holes collared in the Lismer Ridge area, some 1.5 km southeast of the promising Dana Lake target in northern Ontario, have returned widespread platinum-palladium value…
Anglo drilling extends zone at Aripuana
Drilling by Anglo American (AAUK-Q) at the Aripuana property in Brazil has intersected a zone of zinc and lead sulphide mineralization in a stepout hole 160 metres northwest of the previously drilled …
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…
Falco has strong quarter Inco moves into the black
Higher metal prices and strong performances from its newest mines have propelled Falconbridge (FL-T) to a profitable first quarter.The company earned $109.5 million (or 60 per share) on revenue of $6…