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Gold/Mining/Energy : Gold Price Monitor

GDXJ 99.85

+6.2%

Nov 24 4:00 PM EST

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To: goldsheet who wrote (48817)	2/11/2000 9:42:00 AM
From: long-gone	Read Replies (1) of 116764

lower future production?: Friday February 11, 5:01 am Eastern Time Newmont postpones Uzbek gold project By Shamil Baigin ZARAVSHAN, Uzbekistan, Feb 11 (Reuters) - Newmont Mining Corp has postponed one of its gold projects in Uzbekistan because world prices are not high enough, company chairman Ronald Cambre said on Thursday. Newmont, of the United States, signed a joint venture deal in 1996 with Uzbekistan and Japan's Mitsui creating the Angren Gold Co to work the Kochbulak and Kyzylmasai fields in the Kyzylkum desert, but the venture has not progressed beyond that. biz.yahoo.com

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