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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.06

-1.4%

Nov 17 4:00 PM EST

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To: long-gone who wrote (64653)	2/27/2001 2:42:25 PM
From: goldsheet	Read Replies (1) of 116762

Agnico-Eagle reports record fourth quarter operating results biz.yahoo.com "Increased gold production in the fourth quarter of over 300 percent to 71,008 ounces, when compared to 1999, with a 74 percent decrease in cash costs to $95 per ounce of gold, both Company and LaRonde Mine records" Increased production can still makes sense at current gold prices, IF the volume can get your costs down and your profit margins up. I now have compiled data on 55 firms with reported 2000 production of 50.4moz versus 47.5moz in 1999, +6%. Fourth quarter was a very strong 13.7moz goldsheetlinks.com

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