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Gold/Mining/Energy : Gold Price Monitor

GDXJ 105.33

+5.2%

Nov 26 4:00 PM EST

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To: E. Charters who wrote (86437)	6/5/2002 12:34:23 AM
From: marek_wojna	Read Replies (1) of 116778

You've got support from Newmonts boss.... <<Wednesday June 5, 12:07 am Eastern Time Newmont CEO Says Won't Up Gold Output, Sees Higher Prices CANBERRA , June 5 (Dow Jones) - Major world gold producer U.S. -based Newmont Mining Corp. (NEM) won't push to lift production to take advantage of a higher gold price, chief executive Wayne Murdy said Wednesday. This, plus a host of other positive factors, in part driven by recent global consolidation in the industry, bodes well for the price of the yellow metal, he said. Murdy was speaking at a seminar organized by mining lobby/services concern Minerals Council of Australia

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