Ashanti Goldfields Company Limited

European central banks announced earlier this month that they would continue to limit the sale of their gold, while increasing the limit slightly.

Most export-oriented South African gold companies saw their 2003 earnings hampered by a strong rand, and AngloGold (AU-N) was no exception.Higher currencies in most other operating regions also affect…

The government of Ghana has expressed its support of the planned US$1.7-billion merger between Ashanti Goldfields (ASL-N) and AngloGold (AU-N).The government agreed to vote its 16.9% stake in Ashanti …

This was a week of mainly sideways motion in the U.S. equity markets, with the Dow Jones Industrial Average rising 69.78 points to 9,923.42, as the Standard & Poor’s 500 Index fell 6.44 points to 1,06…

The major bourses south of the border picked up where they left off. The Dow Jones Industrial Average ended the Nov. 12-18 period off 224.67 points at 9624.16, while the Standard & Poor’s 500 index dr…

A merger agreement between Australian-listed Red Back Mining and Vancouver-based Champion Resources (CHA-V) will give Red Back a long-sought foothold in Canadian capital markets.The deal will see Cham…

After running up in mid-week action, the Dow Jones Industrial Average closed the Nov. 5-11 report period 83.04 points lower at 9,737.79, while the Standard & Poor’s 500 index shed 5.24 points to make …

It was a generally good trading period in the U.S. equity markets, with the major indices up modestly but the mining stocks generally strong. The Dow Jones Industrial Average picked up 90.52 points to…

True to its word, Randgold Resources (GOLD-Q) has boosted its all-share offer for Ghanaian-based Ashanti Goldfields (ASL-N).Under the revised bid, Ashanti shareholders are being offered 0.56 of a Rand…

A fire at one of four solvent-extraction plants at Phelps Dodge’s Morenci copper mine in Arizona curtailed production for four days during the report period ended Oct. 21. The fire severely damaged fo…