Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: d:oug who wrote (52297)	5/3/2000 10:25:00 PM
From: lorne	Respond to of 116752

Newmont Mining chairman says Swiss gold sales "responsible" Lima--May 3--The gold sales program begun this week by the Swiss National Bank (SNB) is "responsible" and aimed at making the country more competitive in light of the strength of the Swiss currency, said Ronald Cambre, chairman and chief executive officer of Denver-based Newmont Mining Corporation. He said that at current prices, gold is a bad investment for shareholders. (Story .22767) S Africa DRD cuts gold hedge book, but says won't abandon policy Johannesburg--May 3--South African gold mining company Durban Roodepoort Deep Ltd (DRD) has reduced its hedge book by a further 620,000 ounces in the wake of this year's gold price volatility, but the group has made it clear that this does not spell an end to its hedging policy. (Story .16675) Canada international reserves-OVERVIEW Ottawa--May 3--Canada's international reserves fell US$677 million in April to US$30.430 billion, the Finance Department said Wednesday. Reserves a year earlier totaled US$25.317 billion. Canada did not intervene in the forex market during the month, but other official operations increased reserves by $96 million. Gold holdings fell by 80,000 ounces as forward sales settled during April. (Story .4821) crbindex.com

To: d:oug who wrote (52297)	5/3/2000 11:08:00 PM
From: d:oug	Read Replies (2) \| Respond to of 116752

(What If) The United Nations changes the Rules(mining & environment) haberscience.com Haber, Inc. 470 Main Road, Towaco, NJ, USA May 1, 2000 -- COMPANY UPDATE HABER PRESENTS THE HABER GOLD PROCESS AT UNITED NATIONS Concurrent with the Pan Ecuadorian Gold, S.A. negotiations as announced in the April 7th update, Haber has also been contacted by and in discussions with other international companies and concerns in the gold mining industry. One such group, Congo-Enviro-Rite (CVR), from Kinshasa in the Democratic Republic of Congo, has multi-national mining interests within Central and South Africa. They expressed keen interest in Haber's non-toxic gold extraction technology. They are committed to protect their equatorial forests, water and habitat from contamination from cyanide and mercury. Despite vast mineral deposits, gold mining techniques in many areas of Africa are primitive. Because of this, the United Nations Industrial Development Organization (UNIDO) has designated certain countries, including countries in Africa, eligible for financial aid to develop economic opportunities by improving mining efficiency. UNIDO's emphasis is on minimizing health hazards and lessening the potential for environmental contamination, as well as more productive mining techniques. On April 19, 2000, Haber, Inc. was invited to make a presentation of our environmentally safe Haber Gold Process at the United Nations in New York. In attendance were representatives from UNIDO, Haber and the CVR African representative in the US. The meeting centered around Haber's technology which was represented by Dr. Henry Rosenberg, Vice President of Science and Technology, and business representatives from Haber, Inc. As a result of this presentation, CVR has indicated that they intend to implement the Haber Gold Process in several southern African countries with the United Nations Industrial Development Organization participating in the initial funding. This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions, and all statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, economic conditions, the impact of competition and pricing, government regulation, and other risks. All such forward-looking statements made by or on behalf of the Company are qualified. The Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.