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Gold/Mining/Energy : Birim Goldfields Inc. (BGI-T) -- Ignore unavailable to you. Want to Upgrade?

To: Brian MacDonald who wrote (505)	2/15/2000 12:19:00 PM
From: Brian MacDonald	Read Replies (1) \| Respond to of 922

OT ACCRA, Ghana (Dow Jones)--Ghana's flagship firm, Ashanti Goldfields Co. Ltd. (ASL) has agreed to a fresh loan of $100 million with creditor banks, a source involved in negotiations for the loan told Dow Jones Newswires Tuesday. He said the loan was for development of the Geita gold mine in Tanzania, the company's second most-prized asset, and further operating costs. The formal signing of the loan, however, is still to take place, he said. He added that a public statement would be made Tuesday evening or Wednesday morning. "It's now a question of the wording, of putting together a very nice statement," said the source. "It looks like the banks are looking for a long-term relationship. We have gone past the difficult times and we are now fine-tuning the resolution." (MORE) DOW JONES NEWS 02-15-00