AngloGold (Colorado) Corporation

Gold weathers latest auction

Denver — The Dow Jones industrial average dipped 10.54 points, or 0.01%, to 10,872.97 for the report period ended May 15, despite a 0.5% interest rate cut by the U.S. Federal Reserve.However, spot go…


Market rally gathers steam

Denver — The Dow Jones industrial average chugged ahead, gaining 444 points, or 4.2%, in the April 25-May 1 report period to close at 10,898.34, its highest point since mid-February.Most issues were …


AngloGold shines in quarter

Denver — A solid operating performance by AngloGold (AU-N) in the first quarter translated into income of US$43 million (or 40 per share), compared with a loss of US$18 million (16 per share) in th…


Harmony may pull plug on Bissett mine

Unable to turn a profit at the Bissett underground gold mine in Manitoba, South African-based Harmony Gold Mining (HGMCY-Q) is considering shutting down the operation.”We will probably put Bissett on …


Ashanti triumphs in quarter

Denver — Overcoming a possible production shortfall, Ashanti Goldfields (ASL-N) posted strong results for the first quarter.Earnings totalled US$9 million (or 8 per share), compared with US$6.9 mill…


Rate cut propels market rally

Denver — The Dow Jones industrial average continued climbing after the U.S. Federal Reserve announced a surprise interest rate cut of 0.5%. The market finished the April 18-24 report period up 237.61…


NEWS ROUNDUP (April 23, 2001)

GeoNova gains Bachelor Lake mineUnder the terms of a previously announced agreement, GeoNova Explorations (GNE-M) has acquired the Bachelor Lake gold-mining complex and related assets in northwestern …


Dow, gold continue climb

Denver — The Dow Jones industrial average climbed 113.99 points, or 1.1%, during the holiday-shortened report period April 11-17 to close at 10,216.73.Comex spot gold on the New York Mercantile Excha…


Dow clears 10,000 again

Denver — The Dow Jones industrial average rallied 617.03 points, or 6.5%, in the report period ended April 10, after a disastrous previous week, to close at 10,102.74.Mining issues were dragged along…


Nasdaq takes yet another tumble

Denver — After a brief respite, the Dow Jones industrial average continued its downward spiral during the report period ended April 3, tumbling 461.83 points, or 4.6%, to 9485.71. Meanwhile, the Nasd…


Dow makes strong comeback

Denver — The Dow Jones industrial average bounced back after a disastrous week, climbing 226.78 points, or 2.3%, to finish the report period ended March 27 at 9947.54.All this meant little to the pri…


Market takes big plunge

Denver — The Dow Jones industrial average plunged 570.04 points, or 5.5%, over the report period ended March 20 to close at 9720.76, its lowest level in two years, while the Nasdaq tumbled 7.8%. Much…


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