Ashanti boosts production
For the fifth consecutive quarter, Ashanti Goldfields (AHD-T) has reported record production and cost reductions at its portfolio of operating mines in Africa.During the three months ended Sept. 30, t…
Ashanti Goldfields Company Limited
Careers (October 19, 1998)
Svedala Industries Canada Inc.
MINING MARKET & INVESTMENT NEWS — U.S. MARKETS — Wall Street on rocky road
After a rocky report period (Sept. 9-15), the Dow Jones industrial average ended fractionally higher. The average dived during the first half of the period, losing several hundred points, only to reco…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Tide begins to turn for beleaguered eastern markets — Placer Dome, Barrick among majors to benefit from renewed confidence
Reports during the Sept. 2-8 report period that U.S. interest rates may soon be lowered translated into a near-reversal of last week’s market turmoil, with the Toronto Stock Exchange 300 index rising …
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — A bloody week on Wall Street
The Dow Jones Industrial average lost 512 points on Aug. 31, its second-largest point drop in history. A rally the following day salvaged some of the damage as the Dow posted a 775-point loss, or 9%, …
Ashanti plans friendly takeover of Samax Gold
Though no formal offer has been made, Ashanti Goldfields (ASL-N) says it intends to acquire London-based Samax Gold (SMX-T) as a means of augmenting its existing holdings in Tanzania.Ashanti plans to …
Companies (September 07, 1998)
Index AAber ResourcesAkrokeri Ashanti Gold MinesAnatolia Minerals DevelopmentAsarcoAshanti GoldfieldsAZCO MiningBreakwater ResourcesCambiorCamphor VenturesCanarc ResourceClaude ResourcesDayton MiningD…
MINING MARKET & INVESTMENT NEWS – INVESTMENT COMMENTARY — Anglogold leads the way in international gold sector
An African lion roared on Wall Street this summer to signal the arrival of Anglogold as the newest listing on the New York Stock Exchange. Simon Beardsmore, gold analyst with T. Hoare & Co., says the …
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS –Dow plunges 300 in a day
The Dow Jones industrial average was off 447 points, or 5%, for the report period July 29-Aug. 4, after a precipitous drop of nearly 300 points on Aug.4. The average closed at 8,487.31 points, led by …
Ashanti triumphs over power crunch
Despite being pinched for power, Ashanti Goldfields (ASL-N) posted record production and lower costs during the second quarter.An ongoing drought in Ghana severely limited power for the company’s mine…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMETARY — Analyst looks for production boost at Nelson Gold’s operations
Gold projects in the former Soviet Union rarely deliver their riches to western companies without some associated heartache, but mining analyst Michael Jones of T. Hoare & Co. believes that Nelson Gol…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Dow tops 9,000; mining stagnates
The Dow Jones Industrial average climbed above the 9,000 mark during the holiday-shortened report period of July 2-7. The Dow gained 87.68 points (or 1%) to close at 9,085.04.There were no fireworks a…