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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: Enigma who wrote (46933)1/10/2000 9:56:00 AM
From: lorne  Read Replies (1) of 116759
 
Ashanti served court notice by shareholders seeking new management
London--Jan 10--Ashanti, the Anglo-Ghanaian mining group, said on Monday it
has been served with proceedings to remove the current board by four of its
shareholders led by Adryx Mining and Metals Ltd. Ashanti said it intends "to
vigorously defend these proceedings". The first court hearing will be at the
Ghanaian High Court on Jan 13 and the company said a further announcement will
be made in due course. (Story .11622)

Ghana's Ashanti group treasurer Mona Caesar-Addo quits
Accra, Ghana--Jan 7--The group treasurer of Ashanti Goldfields Company has
quit her job, in the wake of the company being wrong-footed late last year in
its forecast of the world gold price. Mona Caesar-Addo, 37, who was in charge of
the company's hedging activities, gave a month's notice of her resignation on No
vember 30 and subsequently left with the entire treasury staff, Bridge learnt
today. (Story .14218)
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