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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.28

+3.8%

Nov 28 4:00 PM EST

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To: long-gone who wrote (34494)	5/25/1999 2:48:00 PM
From: John Hunt	Read Replies (2) of 116790

Gold output seen lower in Q1 1999 << Gold output from the world's main mines dipped seven percent to 12.23 million ounces in January-March compared with the final quarter of 1998, the World Gold Analyst magazine said on Tuesday. The fall followed two percent rises every three months during 1998, it said in a pre-issue statement. Average total cash costs edged lower to $199 per troy ounce, balancing a 10 percent fall in Canadian costs with an eight percent rise in Australian ones, it said in reference to data covering 70 percent of world production... cont'd ... >> biz.yahoo.com

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