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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: John Hunt who wrote (37150)	7/14/1999 10:14:00 PM
From: long-gone	Respond to of 116907

re: gold mining in China the quote "(2) More than 20% of gold ore is low grade ore, which is, technically, difficult to be processed, leading to low utilization rate" shows what I remembered from classes to still be true, I was hoping they had not uncovered any new big killer strikes. I had been told the only reason they can produce gold there is low cost of labor (and at times a high cost of gold).Was also told that their "good cheap" gold was mined out before the birth of Christ. I was also told this the same case with 85% of silver in Asia & Europe.