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Gold/Mining/Energy : Barrick Gold (ABX)

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To: russet who wrote (2813)5/17/2002 6:25:33 PM
From: goldsheet  Read Replies (1) of 3558
 
For my spreadsheet I decided to add NEM and Normandy for Q1-01 to get 1.98moz, and to take the Q1-02 reported number and estimate another 7 weeks of Normandy production to come up with 1.708moz. May not be prefect, but I do feel comfortable with a real decline of 271,000 ounces.
goldsheetlinks.com

The impact of a temporary shift at Grasberg dropped Freeport by 395K and Rio Tinto by 209K. The problems of Nevada and Superpit, affecting both ABX and NEM, dropped them 113K and 271K, repectively. These four give us about a million ounces less this quarter versus last year.
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