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Gold/Mining/Energy : Gold and Silver Mining Stocks
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To: goldsheet who wrote (86)2/11/2000 8:58:00 AM
From: russwinter  Read Replies (1) of 4051
 
Deutsche Bank sketches optimistic scenario for gold
Cape Town--Feb 10--Deutsche Bank has sketched an optimistic scenario for the
gold price, noting that output from most new projects would simply offset
declines in existing production, which was set to fall after 2002. Speaking at
the Investing in African Mining Conference, Don Maclean, a mining and metals
analyst with Deutsche Bank in Toronto, said a gold price of US $350 per ounce w
as required for most new gold projects to become feasible. (Story .16030)
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