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Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.87

+3.9%

4:00 PM EST

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To: goldsheet who wrote (90739)	10/24/2002 11:01:55 AM
From: long-gone	Read Replies (1) of 116842

<<ACTION: Gold mining firms will be unable to help themselves by producing what they can, where they can, to take advantage of current higher average prices.>> Then I guess ABX just couldn't pull it off this qtr. but will for all times in future. "Total production for the third quarter was 1.38 million ounces of gold at total cash costs of $180 per ounce, generating cash margins of $162 an ounce. Last year's production for the third quarter was 1.53 million ounces of gold at total cash costs of $165 per ounce, resulting in cash margins of $151 per ounce" biz.yahoo.com

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