2013 Gold Top 10: The Producers
The Gold and Silver Mining focus report recently became available, and included a list of the top 10 gold producing companies worldwide in 2013.Continue reading...
View ArticleRand Refinery Short $113 Million in Physical Gold
Bloomberg reported Friday that after adopting a new computer system, Rand Refinery Ltd. found it has $113 million less physical metal than is recorded in its accounts. The company is blaming...
View ArticleKeep the Faith, Says Michael Fowler: Juniors and Midtiers Poised for...
Michael Fowler, senior mining analyst with Toronto-based Loewen, Ondaatje & McCutcheon, predicts when gold breaks out, mining M&A will take off. He expects the major producers to lead the next...
View ArticleIt’s Time to Short Gold: Jeffrey Currie
The Goldman Sachs analyst believes gold will hit $1,050 per ounce by the end of the year.Continue reading...
View ArticleAngloGold Ashanti Plans Spin Off of International Assets
The Wall Street Journal reported that AngloGold Ashanti Ltd. (NYSE:AU) plans to raise $2.1 billion in a rights issue and then spin its international assets into a new company.Continue reading...
View ArticleBillionaire John Paulson Not Keen on AngloGold Spin Off Plan
Bloomberg reported that billionaire John Paulson, whose hedge fund owns 6.6 percent of AngloGold Ashanti Ltd. (NYSE:AU) is not keen on the company's plan to raise $2.1 billion from investors and then...
View ArticleAngloGold Ashanti Aborts Spin Off Plan
AngloGold Ashanti Ltd. (NYSE:AU) announced that it has decided not to move forward with the restructuring and capital raising it announced last week. Continue reading...
View ArticleEbola Nears Guinea-based AngloGold Ashanti Mine
Bloomberg reported that Ebola has now made it to two new regions in Guinea, one of which is near a mine belonging to AngloGold Ashanti Ltd. (NYSE:AU). Continue reading...
View ArticleAngloGold Ashanti Working on “Self-help Measures”
AngloGold Ashanti Ltd. (NYSE:AU,JSE:ANG) announced its Q3 results, commenting that it beat its guidance for the quarter, producing 1.128 million ounces. That's an 8-percent increase...
View ArticleAngloGold Ashanti May Debut New Drilling Technology in 2015
Mining Weekly reported that AngloGold Ashanti Ltd. (NYSE:AU,JSE:ANG) is looking to roll out a lot of new technology in 2015. The technology is an alternative to traditional drilling and blasting....
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