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

To: The Barracuda™ who wrote (49031)	2/14/2000 2:20:00 PM
From: lorne	Read Replies (1) \| Respond to of 116756

Russian Duma to debate 3 gold fields' development April-June Moscow--Feb 14--The Russian Duma plans to debate in April-June bills providing for the development of 3 gold deposits--Nezhdaninskoye deposit in Russian Sakha region, Mayskoye in Chukotka and Taseevskoye in Chita region--under the Production Sharing Agreement Law (PSA). PSA is designed to attract foreign investors by relieving the tax burden and making the deposit's development more profitable. (Story .17131) Cambior still hedges 1.7 million gold ounces Toronto--Feb 11--Canada's Cambior Inc. said Friday its gold hedging program as of Jan 31 amounted to 1.7 million ounces at an average strike price of US $334 per ounce. Cambior's positions have changed little except for a delivery of gold amounting to 80,000 ounces at U S $307 per ounce, which has generated a cash hedging gain of US $1.8 million compared with the market price of gold. (Story .18793) crbindex.com