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

To: long-gone who wrote (49189)	2/17/2000 7:46:00 AM
From: lorne	Respond to of 116762

WGC: Gold demand up 21% on year to record high of 3,278.4 tns London--Feb 17--Gold demand in 1999 rose 21% on 1998 levels to reach a record 3,278.4 tonnes, according to the World Gold Council's Gold Demand Trends. The 566.2-tonne rise came mainly from a 23% jump in year-on-year jewelry demand to 2,799.2 tonnes, helped by strong fourth quarter demand of 707.8 tonnes--5% up on the same period in 1998. Investment demand totaled 479.2 tonnes, up 8% on 1998 levels despite a poor fourth-quarter performance where demand fell 24%, it said. (Story .13722) Chester Croker to serve on Ashanti Goldfields board Accra, Ghana--Feb 16--Former US Assistant Secretary of State for Africa, Chester Croker, has accepted to serve on the board of the troubled Ghanaian gold miner Ashanti Goldfields Company, sources said Wednesday. Six directors are leaving the board with effect from the com pany's Annual General Meeting in April, including Phillip M. Tarsh, who was named acting chairman of the board Monday--replacing the Ghanaian Finance Minister R. Kwame Peprah. (Story .15283) crbindex.com