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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: long-gone who wrote (7817)9/18/1999 9:53:00 PM
From: goldsheet  Read Replies (1) of 81996
 
re: Newmont, no one has controlling interest.

re: Homestake, it looks like they will produce a little bit less in 1999 (2.4moz) than they did in 1998 (2.5moz). The only producing acquisition they made was the rest of Prime that they didn't own. Also, I think they paid way too much for Argentina Gold.

RE; Bottom line, industry will come very close to breaking 1998 production record (82.1moz) I think we will set a new record because Barrick, Freeport, and Rio Tinto will all be up 25% or more, which should cover other production cuts.
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