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

To: d:oug who wrote (44738)	11/8/1999 7:21:00 AM
From: lorne	Respond to of 116753

UK Press: Ghana pressing for management changes at Ashanti London--Nov 7--Pressure is growing from the Ghanaian government for changes to top management at beleaguered gold producer Ashanti Goldfields, the Sunday Telegraph reported. The Accra government holds a 20% stake in Ashanti, which has suffered recent losses on its price-hedging activities. London-based Lonmin, which owns 32% of Ashanti, this week withdrew a merger proposal. (Story .10655) Taiwan Oct gold imports 5.117 tonnes vs 4.519 tonnes in Oct '98 Taipei--Nov 8--Taiwan's gold imports totaled 5.117 tonnes in October, compared with 4.519 tonnes in October 1998, a statement released by the Ministry of Finance today indicated. (Story .6016) Estonian central bank changes gold reserves calculation policy Helsinki--Nov 5--The Estonian central bank said today that from October the bank will revalue its gold reserves on a monthly basis as opposed to their earlier policy of a single yearly r evaluation. Accordingly the bank increased the value of its gold reserves by 15.4% over the month to 36.7 million kroons from 31.8 million kroons. (Story .13192) crbindex.com