Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Enigma who wrote (39459)	8/23/1999 10:53:00 AM
From: Ken Benes	Read Replies (1) \| Respond to of 116844

Just a bit of levity in response to Richard's note on the mom and pop producers outwest. The question that is being answered this past week, who is winning the battle? Hannibal or GATA, the answer seems pretty clear, Hannibal pulled the rug out of another rally. While I commend GATA's efforts, they are just outgunned, and outsmarted in an environment that has little or no support for a rise in the price of gold. Fundamentals look great, but the above ground stores and their perceived stores have done it again. Ken

To: Enigma who wrote (39459)	8/23/1999 11:31:00 AM
From: Alex	Respond to of 116844

8/23/99 - S. Africa"s Gold Output Drops <Picture> JOHANNESBURG (Aug. 23) XINHUA - South African gold output fell more than three percent in the first half of this year compared to the same period last year, the South African Chamber of Mines (COM) said Monday. Producers with the chamber, together with non-members, reported a decline in output of the yellow metal to 222.3 tons (7.15-million ounces) in the first six months of 1999 against 229.86 tons (7.39-million ounces) in the first half of 1998. The total gold output in the second quarter was 110.85 tons (3.56 million ounces), down from 111.40 tons (3.58 million ounces) in the first quarter. The decrease amounted to 545.6 kilograms or 17,541 ounces. During the second quarter last year the gold mines produced 113.55 tons or 3.65 million ounces. Enditem 23/08/99 14:41 GMT