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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: long-gone who wrote (22181)	10/23/1998 7:57:00 AM
From: lorne	of 116762

Moscow--Oct 23--Russia will produce 120-tonnes of gold this calendar year, Deputy Finance Minister and head of the State Precious Metals Depository German Kuznetsov told reporters today. Kuznetsov also said despite the financial crisis, the government would not export gold from state reserves next year. Gold production would be financed by gold-backed securities to be issued by the government he said. By Sergei Padalko and Michael Gulyayev, Bridge News, Story .10573

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