R/€ = 17.08 Change: 0.02
R/$ = 16.79 Change: 0.01
Au 1742.18 $/oz Change: -25.93
Pt 875.00 $/oz Change: 7.50

Jade Davenport

Jade Davenport

DAVENPORT, MA (UCT), is a freelance journalist and historian –

Columnist - Digging Deep

Gold bear gets lynched

15th February 2002 The gold bear is dead; long live gold bug Merrill Lynch, which predicts an average gold price of $280/oz in 2002, $290/oz in 2003, $300/oz in 2004 and $325/oz in 2005. 

Money to cut the hedge

8th February 2002 We are all beginning to realise why our dads used to cut their own hedges - 

Big arm wrestle ends

1st February 2002 The arm-wrestling for Normandy has ended, at last. 

With flying colours

25th January 2002 Just when some investors were fearing that the gold rally had met its end, the precious metal came quickly back into focus and looked like settling in on a high. 

Miners begin countdown to Earth Summit

18th January 2002 The World Summit on Sustainable Development is a mere seven months away. 

Taking Free State in hand

7th December 2001 Harmony Gold and African Rainbow Minerals are taking the bulk of the Free State goldfields in hand. 

Beyond digging, delivering

23rd November 2001 We are no longer a dig-and-deliver company - Gilbertson . . . 

Hedge trims profits

16th November 2001 The hedge has been a help for the world’s largest gold company since its launch in 1998. But while AngloGold has been putting its clippers to the hedge over a period, the hedge got its hands on the clippers this time around . . . 

Love will find a way

9th November 2001 De Beers’ diamond sales are recoiling fast from last year’s height of $5,7-billion. 

All-in wresting match

2nd November 2001 One may be about to witness something akin to an all-in wrestling match over Anglogold’s Free State assets which were said at the end of the last quarter to be no longer for sale. 

Empower empower empower

26th October 2001 The tone of the reported offer of Harmony Gold to acquire the Free State mines of AngloGold almost had a ‘give it to us or else’ ring to it. 

The big play on pay

19th October 2001 It was not long ago that Durban Roodepoort Deep (DRD) executives were patting themselves on the back for agreeing to take undisclosed pay cuts. . . 

Groups sniff out iron-ore assets

12th October 2001 A new mining company is set to emerge from the unbundling process currently under way at steel and mining group, Iscor. 

Hunting season

5th October 2001 Indeed, hunting season appears to be upon the gold industry . . . 

C-Cut fails to make cut

28th September 2001 C-Cut has failed to make the cut – this time around. 

Glaad to meet you

21st September 2001 The new BHP Billiton logo 

Business trophy hunter

14th September 2001 Tokyo Sexwale and his CEO Mark Wilcox continue to be busy opportunity hunters. 

Lightness of the 'P' in BHP

7th September 2001 Broken Hearted People (BHP) investors have, for some time, wanted BHP of Australia to cash in its petroleum interests. 

Dollar softens, gold firms

31st August 2001 The dollar is softening and gold is firming 

The task of repositioning the continent

30th August 2001 South African President Thabo Mbeki laid the foundation on which the continent of Africa can be financially repositioned in his impressive address to the 25th meeting of the Association of African Central Bank Governors in Sandton this month. 

Shall the twain meet?

24th August 2001 Headlines of ‘Gold at its highest level in two months’ and ‘Platinum at its lowest in two months’ have had wags speculating that the two precious metals may meet for Christmas. 

Vrystaat vry is verby

17th August 2001 Die Vrystaat vry is verby – that was the message of the latest gold quarterlies. 

'I will survive' approach

10th August 2001 Gloria Gaynor’s I Will Survive was being played aloud and Durban Roodepoort Deep chairperson and CEO Mark Wellesley-Wood was giving himself and his executives a 10% pay cut. 

Err-melo more like it

3rd August 2001 Has it been a tongue-in-cheek stunt all along to bring publicity to Ermelo – or a genuine indication that the finding of the long-sought Kruger millions may be at hand? Is it Ermelo or more correctly Err-melo? Up to now diggers for Ermelo gold have failed to catch much more than a cold. Was... 

Hook 'em both

27th July 2001 In the one corner is brother Patrice and in the other, sister Bridgette. In place of ‘corner’ read the Afrikaans translation ‘hoek’ and you’ll be nearly there. Mining Weekly cartoonist Darlene has been quick to link the association of Maandagshoek with Patrice... 

Rise to health challenge

13th July 2001 Mining Weekly hopes that the Swiss-owned Xstrata will rise to the challenge of acting transparently and correctly in response to media reports of the dangers of vanadium pentoxide. 

Race is being run and won

6th July 2001 While headlines were suggesting that South Africa’s gold No 1 and No 2 were contemplating merging, North America’s No 1 and No 2 were making it happen, tying the knot, taking the plunge, announcing plans to enjoin and arranging a $2,3-billion share swap. 

Billiton's new anthem

29th June 2001 Pity the South African government didn’t lay down the law as insistently as the Australian government has in determining an Oz HQ plus directors’ domicile for the merged BHP-Billiton. 

Gems, sex, lies and video  

By: Terence Creamer     15th June 2001 State-owned diamond miner Alexkor is no stranger to peculiar stories, and here's another one. 

Vladimir, oh Vladimir

8th June 2001 Russian President Vladimir Putin gives gold a bear hug. 

Like a game of snooker

1st June 2001 It was predictable that the mighty De Beers would win the day. But at least the resistance put up by the valiant Barnard Jacobs Mellet (BJM) won two extra dollars a share, which is not to be sneezed at. The contest was not unlike a game of snooker, with BJM eventually having the wisdom to admit... 

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