NYSE rises June 12-16 after US Fed pauses interest rate hikes
Stocks in New York gained during the June 12-16 trading week after the United States Federal Reserve held off raising interest rates for the first time in more than a…
Stocks in New York gained during the June 12-16 trading week after the United States Federal Reserve held off raising interest rates for the first time in more than a…
U.S. markets rose moderately last week after investors digested mixed news on the work front. Markets initially retreated after employers added 223,000 jobs in December, more than analysts expected, which…
Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) is extending its footprint to Australia with a US$46 million acquisition of a 19.99% stake in New Century Resources (ASX: NCZ), which owns the Century tailings…
South Africa’s Sibanye-Stillwater (NYSE: SBGL) has exercised an option to acquire an additional 12% interest in DRDGOLD (NYSE: DRD), bringing the total stake in the gold tailings retreatment company to…
Gold closed Friday at US$1,293.40 per oz., up US$18.50 per ounce. The Philadelphia Gold and Silver Index rose 0.35% to 80.88 while the Dow Jones Industrial Average slipped 0.27% to…
The macroeconomic effects of higher oil prices made headlines around the world during the week ended May 24, the 21st trading week of 2008.
Intrepid Mines (IAU-T, IAU-A) and Emperor Mines (EMP-A, EMPMF-O) each have something the other needs.
SITE VISIT Bukavu, Democratic Republic of the Congo — Flying over lush green folds of land in the eastern Congo, the village huts below, surrounded by groves of banana trees,…
Emperor Mines (EMPMY-O, EMP-A) has found its buyer in Intrepid Mines (IAU-T, IAU-A), which has proposed a merger deal that values Emperor at $62 million.
The most significant mining event of the fifteenth trading week of 2007 was very good news, even if the announcement was brief.
Coincident with its deal to acquire Barrick Gold’s (ABX-T, ABX-N) half stake in the South Deep gold mine in South Africa, which is co-owned by Western Areas (WARJF-O, WAR-J), Gold Fields (gfi-n) is bo…
Gold Fields (GFI-N, GOF-L, GOGOF-J) has announced plans to expand its two largest South African gold mines in a R4….
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