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


To: lorne who wrote (43400)10/20/1999 8:15:00 AM
From: Alex  Respond to of 116762
 
GOLD MEET: PLACER SEES GOLD BOTTOM AT $300; SEES HIGHER PRICES
Denver--Oct 19--The gold market probably now has a bottom of $300 an ounce
and stands a good chance of soon returning to the stronger trading ranges of 3
or 4 years ago, said John Willson, CEO of Canada's Placer Dome Inc. (Story
.15362)

GOLD MEET: PLACER CEO SEES NO QUICK RESTART OF MAJOR PROJECTS
Denver--Oct 19--Despite higher gold prices, Canada's Placer Dome Inc will
not consider restarting construction at its Las Cristinas gold mine in Venezuela
until at least next year, said John Willson, CEO of the Canadian mining giant.
Placer Dome is also not considering restarting its Turquoise Ridge mine in the
US any earlier than the plan ned reopening in the middle of next year, Willson t
old Bridge News. (Story .15662)

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