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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: Fun-da-Mental#1 who wrote (48591)	2/8/2000 6:53:00 PM
From: Gord Bolton	Read Replies (1) of 116762

HARMONY BUYS INTO GOLDFIELDS LEADING gold producer Harmony Gold Mining Company announced on Tuesday that it has purchased a 19,95% interest in Australian gold producer Goldfields from Hanson PLC at a price of A$1,25 per share. The deal is valued at A$41-million. Harmony, currently the third largest gold producer in SA, has expanded in the past five years from a single lease operation to become one of the world's major gold mining companies. This growth has been achieved through a combination of sound mining practices and carefully selected acquisitions. The investment in Goldfields is subject to approval from the Foreign Investment Review Board in Australia and the South African Reserve Bank. ZA*BUSINESS:

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