Anglo American plc

Miners a haven in weak market

U.S. stock markets turned downward in the report period Sept. 22-28 amid generally gloomy news on consumer spending and durable goods orders, and on a further decline in leading economic indicators. The Dow Jones Industrial Average was off 1.6% at…


Base metals looking better

Stock markets south of the border moved sideways over the trading period Sept. 15-21, with a quarter-point interest rate increase by the Federal Reserve making little impact on share prices. The Dow Jones Industrial Average was off fractionally at…



Rio Narcea drills Salave

Shares Rio Narcea Gold Mines (RNG-T) jumped 17, or 6.6%, to $2.74 in early afternoon trading in Toronto on Sept. 1…


The map outlines various projects in the Philippines.

For some, mineral potential of Philippines outweighs risks

Vancouver — Although the Philippines was a major producer of gold, copper, nickel and chromite for hundreds of years, the mining industry in the country has been plagued by many problems that have staved off foreign investment in recent decades,…


Five die in Chilean mine

Five workers have died in an accident at Anglo American‘s (AAUK-Q) El Soldado copper mine in central Chile.


Market rally pulls up miners

U.S. stock markets made a modest gain during the report period Aug. 12-24, with the Dow Jones Industrial Average rising 1.6% to 10,098.63 points and the S&P 500 index up 1.9% at 1,096.19.


Galore Creek looks good for NovaGold

Vancouver — A preliminary economic assessment of NovaGold Resources‘ (NG-T) Galore Creek project, in the Stikine gold belt of northwestern British Columbia, envisions an open-pit operation capable of mining 30,000 tonnes per da…



Interest rate worries sink US boards

Downbeat economic news, high crude oil prices, and the expectation that the U.S. Federal Reserve would increase interest rates brought U.S. stock markets lower in the reporting period Aug. 4-9. The S&P 500 Index fell 34.47 points, or 3.1%, to 1,06…




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