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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: goldsheet who wrote (93129)2/2/2003 5:27:42 PM
From: long-gone  Read Replies (1) of 116770
 
Possible reduction of production?
(Perhaps another reason the XAU undervalued - dangerous business)
Dow Jones Business News
SA's Gold Fields: Impact Of Fire On Output Unclear
Friday January 31, 3:08 am ET

JOHANNESBURG -(Dow Jones)- Gold Fields Ltd. , South Africa's second- largest gold producer, said Friday it is unclear how production at its flagship Driefontein mine will be affected after an underground fire killed four miners.

Driefontein produces about 1.2 million ounces of gold a year, more than a quarter of Gold Fields' total output.

Spokesman Willie Jacobsz said a fire broke out Thursday at seven shaft west which produces 4% to 5% of Driefontein's gold.

Shortly after the fire was detected, 618 of the shaft's 762
(cont)
biz.yahoo.com
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