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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: E. Charters who wrote (68171)4/24/2001 2:52:50 AM
From: goldsheet  Read Replies (2) of 116761
 
> All gold forward buys are hedged. How much selling forward is being done I dunno.

In 1999, 506mt. In 2000, miners did not add to their hedges and actually bought back 10mt.

> What are the production figures for the world?

Mine production was 2573mt in 2000 (a new record), RSA was 428mt, under 17%.
RSA has come a long way from producing 1000mt in 1970 !

Anyway, I have a pretty good grasp of gold production.
goldsheetlinks.com

P.S. I continue to try to fill in the blanks, despite the lack of free GFMS data.
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