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

To: IngotWeTrust who wrote (52031)	4/29/2000 11:50:00 AM
From: lorne	Read Replies (1) \| Respond to of 116767

Ole 49r. You still curious about Ashanti? Ashanti Steady Despite Setbacks In 1999 April 27, 2000 " Keatley attributed the fall in earnings principally to a reduction in realised gold price from 385 dollars per ounce in 1998 to 372 dollars per ounce in 1999. " " On problems with the hedging programme in the face of falling world gold prices in the third quarter of 1999, Keatley said it was a credit crisis and not a cash crisis. " "The whole thing has been misunderstood and it must be clear that the hedging problem did not cause any cash flow problems," he added. " More >>> africanews.org