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Gold/Mining/Energy : Pangea Goldfields T.PGD -- Ignore unavailable to you. Want to Upgrade?

To: Enigma who wrote (969)	5/17/2000 2:07:00 PM
From: Ptaskmaster	Read Replies (1) \| Respond to of 1178

ABX expects no unrest but has contingent planning.- Barrick sees no added Tanzania risk Toronto--May 16--Canada's Barrick Gold Corp. on Tuesday said it doesn't expect the political problems and social unrest that have afflicted many African countries of late to spill over into Tanzania, where it is currently developing its Bulyanhulu gold project. Nevertheless, Barrick has implemented strategies designed to guard against the potential for added risk in the country. (Story .20620) And is looking for acquisitions to boost its returns. Barrick not compelled to make acquisitions Toronto--May 16--Randall Oliphant, president and CEO of Canada's Barrick Gold Corp. said Tuesday that the company continues to generate strong growth through its own projects and sees little necessity in acquiring fellow mining companies to enhance its earnings and production levels. Yet Oliphant added that the company would still look at new opportunities that could boost its returns. (Story .21048) Both stories at Bridge News crbindex.com