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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: long-gone who wrote (47831)	2/3/2000 12:47:00 PM
From: goldsheet	Read Replies (1) of 116758

> The story behind the earnings of NEM(and some others) is nothing short of amazing! Barrick probably has the most amazing story. Cash costs have been reduced from $182 in 1997 to $160 in 1998, and I expect to see $135 for 1999 (earning are due next week) Newmont has done good (cash cost were $187 in 1997, $183 in 1998), but their cash costs are still $175/ounce. That's a $12/ounce improvement in a period when Barrick has realized a $47 improvement.

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