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Gold/Mining/Energy : Gold and Silver Mining Stocks
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To: Ptaskmaster who started this subject7/31/2003 10:22:13 AM
From: IngotWeTrust   of 4051
 
2 "miners" release increased production results: 7/31/03 WGC PR snippet:
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"AngloGold's second quarter results show gold production up by
32,000 ounces to 1.43M ounces (44.5t), and a further 610,000 ounce
(19t) reduction in the hedge book, to a net delta of 8.73M ounces
(271.5t). The Board has changed its targeted level of hedge
commitments from an upper limit of 50% to one of 30% of five
years' production.

Placer Dome's second quarter results recorded gold production
during the quarter of 905,000 ounces, a 35% increase over the
same period last year due primarily to the acquisition of
AurionGold. For 2003, the company is on track to achieve the
highest annual gold production in its history. Placer Dome
now expects to produce 3.6 mil oz (112t) of gold in 2003."
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