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

To: Enigma who wrote (52973)	5/19/2000 8:07:00 AM
From: lorne	Respond to of 116897

South African analysts wary ahead of sixth UK gold auction Johannesburg--May 18--South African analysts are wary about the next gold auction by the Bank of England on Tuesday, May 23, noting that both sentiment and fundamentals are poor, but some say the market could stage a small rally after the event. Piet Stoltz of BOE Securities expects the price fetched to be the second-lowest at this, the sixth auction by the U.K. central bank on behalf of the U.K. Treasury. (Story .12024) Japan's Sumitomo Metal Mining finds new gold deposit in Japan Tokyo--May 19--Japan's Sumitomo Metal Mining Co. Friday announced it has proved new gold deposit near its Hishikari gold mine in southern Japan's Kagoshima prefecture. The company plans to start test drilling there by the end of March 2001, it said in a statement. (Story .10710) Canada March gold production down 9.76% from a year ago Toronto--May 18--Canada's March 2000 total gold production fell 9.76% from March 1999, and rose 5.50% from February 2000, Natural Resources Canada said Thursday. Canada's total primary silver production was down 20.21% in March 2000 from a month earlie r to 77.963 million ounces, and fell 28.34% from March 1999. (Story .2176) S Africa's AngloGold allays investor fears on Zimbabwe Johannesburg--May 18--South African gold producer AngloGold has allayed fears that South Africa was poised to follow Zimbabwe on the road to economic breakdown, pointing out that the South African economy was in better shape now than in any time in the past 25 years. (Story .12893) crbindex.com