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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.88

+0.9%

4:00 PM EST

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To: d:oug who wrote (48303)	2/7/2000 12:21:00 PM
From: goldsheet	Read Replies (1) of 116762

The point that I am trying to support is there is plently of profitable mineable gold at current prices, which will result in record primary mine production in 2000, may be on topic for GPM since supply is critical to the future gold price. Listing specific mines is way too much detail for this thread, and would be off topic, so the other subject area is more appropriate. Quick Summary: So far my analysis has 25 mines, which produce 20 million ounce (25% of world production), at an average cash cost of $154 and total cost of $US220. Reserves stand at 244moz proven and probable, 52oz measured and indicated. Full detailed listing at: Message 12797710

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