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Gold/Mining/Energy : Gold and Silver Mining Stocks

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To: Ptaskmaster who started this subject5/8/2003 1:39:12 PM
From: IngotWeTrust  Read Replies (1) of 4051
 
NEM (5/7/03) Continues to shed unwanted hedgebook:
Even executing a "repurchase" GO NEWMONT!

"Newmont Mining Corporation has announced its first
quarter results. The company had an equity interest
in production of 1.7M ounces against 1.4M ounces in
the first quarter of 2002, while continuing to
reduce its hedge book. The position was reduced by
1.44M committed ounces and 115,000 uncommitted ounces
during the quarter. The reduction in the former was
achieved through the close-out of approximately
515,000 ounces and the repurchase of approximately
929,500 ounces.--WGC"
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