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Gold/Mining/Energy : Gold Price Monitor

GDXJ 105.34

+5.2%

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To: John Hunt who wrote (30596)	3/24/1999 7:14:00 PM
From: John Hunt	Read Replies (1) of 116768

Barrick buys Golden Ridge stake - Pangea (Attn RANGY Owners) << Barrick Gold To Become Pangea Goldfields' Partner On Golden Ridge Deposit In Tanzania - Randgold Sells Its Interest in 1.6 Million Ounce Gold Deposit to Barrick Gold - TORONTO, CANADA--Pangea Goldfields Inc. announced today that joint-venture partner Randgold Resources Limited has agreed to sell its 50 percent interest in the Golden Ridge gold deposit in Tanzania to Barrick Gold Corporation. This purchase by Barrick Gold follows its recent offer to acquire Sutton Resources L (Toronto:STT.TO - news)td., owner of the nearby Bulyanhulu deposit which has a resource of 8.8 million ounces of gold. -- cont'd -- >> biz.yahoo.com

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