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Gold/Mining/Energy : Gold Price Monitor
GDXJ 90.35+0.4%Nov 6 4:00 PM EST
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To: Square_Dealings who wrote (73771)7/21/2001 5:41:36 PM
From: goldsheet  Read Replies (2) of 116753
 
> Looks like mine outputs are decreasing around the world

Not really, just a continuation of a trend in Australia.
I discussed this Friday with russwinter on another thread

> Aussie production dwindles

Here we go again for the second quarter <grin>

You point out the drops;
Newcrest 255 202 -43
Delta 130 119 -11
Sons Gwalia 117 98 -19
---------------------------
502 419 -73 -18%

I point out the gains:
Cameco 56 61 + 5
Freeport 359 752 +393
Goldcorp 19 161 +142
Miramar 30 37 + 7
---------------------------
471 1004 +533 +113%

NET RESULT 973 1423 +460 +46%

Too early in the reports to get a good feel for the numbers,
but flat seems more likely than any significant decrease.

REF: Message 16106645

Here's an extract from another post covering the 90+ producers I follow:

Q1-00 Q2-00 Q3-00 Q4-00 2000 Q1-01
--------------------------------------------------
top 10 8047 8051 8341 9429 33910 8885
top 15 8757 8700 9048 10157 36704 9606
top 20 9654 9616 9965 11182 40489 10547
top 50 12353 12560 12866 14015 52456 13118
all 13147 13369 13715 14809 55797 13705
--------------------------------------------------

I am predicting Q2-01 production of 14,100 up from Q1-01
and higher than every quarter last year except Q4-00

REF: Message 16108051
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