Coeur sets records
Last year was a banner one for Coeur d’Alene Mines, as the company set records for silver and gold production. Silver output rose 36% to 14.8 million ounces, produced at a cash cost of $2.89 per oz., …
AngloGold (Colorado) Corporation
Week-long dive on US markets
Things started badly on U.S. stock markets in the trading period March 5-11, and got steadily worse. The Dow Jones Industrial Average fell 180.81 points to 7,524.06, a loss of 2.3%, while the Standard…
Exploration heats up again in Mali
Gold prices are back up and explorers are back to work, and it need be no surprise that southwestern Mali, with three gold producers pouring plenty of low-cost ounces, has returned to favour among jun…
Barrick shows grassroots prowess with Peruvian find
A new emphasis on grassroots exploration paid off for Barrick Gold (ABX-T) in 2002 with the discovery of the 9.5-million-oz. Lagunas Norte gold deposit at Alto Chicama in northern Peru.Barrick jump-st…
Tanzania: a miner’s elephant country
Better known for red-cloaked Masai tribesmen and big game safaris, the United Republic of Tanzania is actually a phenomenally mineral-rich land.Formerly known as British East Africa, and German East A…
Barron’s mugs Royal Gold
An exceedingly negative story about Royal Gold in the March 1 edition of Barron’s knocked a painful $6 off the gold royalty company’s shares, which dipped below US$14 before recovering to US$15.46 at …
Golds slip in bouncy trading
U.S. markets had a bouncy week, with the Dow Jones Industrial Average covering a 150-point spread in the report period Feb. 19-25, before settling at 7,909.50. The golds were down and the base metal p…
Morila shapes up as money-spinner for AngloGold, Randgold; Kolwezi; Diamond Fields
Mine proves to be a company-maker for RandgoldThe Morila mine in southern Mali is clearly a mine with a problem.The operation, which poured its first gold in the last quarter of 2000 and its millionth…
War fears dampen market
U.S. stock exchanges fell again, during the report period Jan. 22-28, passing their year-end levels on the way and wiping out the New Year rally. The Standard & Poor’s 500 index fell 29.08 points to c…
A sweet week for golds
Gold bugs were delighted over the holiday-shortened report period as prices for the yellow metal surged more than US$7 to a new, 6-year high of almost US$360 per oz.Gold has been on a steady march upw…
Markets top out
U.S. equity markets were broadly better as investors digested the big gains that followed the new year. In the report period Jan. 8-14, the Dow Jones Industrial Average rose 102.03 points to 8,842.62,…
Bulls back on Wall Street
A 265-point jump in the Dow Jones Industrial Average on the first trading day of 2003 put investors in the mood for gains, and the U.S. markets in general had a stellar week. The Dow was up 407.74 poi…