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Gold/Mining/Energy : Gold Price Monitor

GDXJ 90.35

+0.4%

Nov 6 4:00 PM EST

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To: Bucky Katt who wrote (8870)	3/26/1998 8:06:00 PM
From: goldsnow	Read Replies (2) of 116753

silver.. Headline: Silver market to remain robust- Asarco (NYSE:AR) ====================================================================== LONDON, March 26 (Reuters) - The silver market, which flipped into deficit in the third quarter of 1997, will remain robust, Richard de J. Osborne, Chairman and Chief Executive of Asarco Inc (NYSE:AR) said Thursday. "We are looking for a robust market for several years...it is going to continue in a deficit and the price will benefit," Osborne said at a presentation to analysts here. A surplus of 830 million ounces built up in the 1980's, but this has been offset by the 1990's shortfall of 876 million ounces, he added. london.commodities.desk@reuters.com)) Copyright 1998, Reuters News Service

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