AngloGold eyes top spot with Ashanti takeover
Looking to regain top spot among global gold producers, South Africa’s AngloGold (AU-N) has entered talks aimed at achieving a merger with Ghana-based Ashanti Goldfields (ASL-N).The talks are centred …
Looking to regain top spot among global gold producers, South Africa’s AngloGold (AU-N) has entered talks aimed at achieving a merger with Ghana-based Ashanti Goldfields (ASL-N).The talks are centred …
Consolidation, sustainability, and the allure of the mysterious East: the 71st annual convention of the Prospectors & Developers Association of Canada (PDAC) did not want for themes.It seems gold is n…
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…
U.S. based mutual funds that invest in gold topped the list of U.S. fund performances for the first six months of 2002.The average gold fund rose 50.5% for the period ending June 28, compared with an …
An agreement with a governmental agency has given Southwestern Resources (SWG-T) the right to explore the Boka gold property in the southern province of Yunnan, China.The grant allows Southwestern to …
Vancouver — Falling metal prices over the past few years may have initiated consolidation in the mining industry, but as the price of bullion rises to levels not seen since 1999, the wave of mergers …
Dubai, once dubbed the “city of gold,” will soon have a metal and commodities centre for trading in the yellow metal, diamonds and other commodities.The Dubai Metals and Commodities Centre (DMCC) will…
The much-anticipated consolidation that’s shaking up the gold industry is capturing the attention of investors and mining executives alike. Although most of the attention is focused on activities at t…
Moving to expand and diversify its gold portfolio, AngloGold (AU-N) has launched an all-share bid to acquire Normandy Mining (NDY-T), Australia’s largest gold miner.Creating what it describes as the “…
Acting as lobbyist for some of the world’s biggest gold miners, the World Gold Council has sponsored the publication of a study titled The New El Dorado: The Importance of Gold Mining to Latin America…
An agreement-in-principle sets the stage for Anglogold (AU-N) to acquire the gold assets of Minorco (MNRCY-Q).The South African major offered Minorco US$550 million in cash for its interests in five o…
Several North American companies with operations in Nevada are moving ahead of their South African competitors within the top tier of the world’s gold producers.While Anglo American of South Africa is…
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