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: Zardoz who wrote (56203)	7/13/2000 5:56:38 PM
From: Zardoz	Read Replies (1) \| Respond to of 116837

Uhm, forget that question... {I see you only did a 1 year plot}

To: Zardoz who wrote (56203)	7/13/2000 7:05:06 PM
From: goldsheet	Respond to of 116837

> How does the 98-99 share buy back of ABX effect the ratio? What share buyback ?? They had: 373M on 12/31/96 373M on 12/31/97 377M on 12/31/98 396M on 12/21/99 (issued 17M for Sutton)

To: Zardoz who wrote (56203)	7/14/2000 8:29:00 AM
From: long-gone	Read Replies (1) \| Respond to of 116837

Gold supply(and price) manip(how does that word end?) INDONESIA Undercut Illegal mining has reached unprecedented levels, harming legitimate companies and putting the economy and environment at risk -------------------------------------------------------------------------------- By John McBeth/SOUTH KALIMANTAN and NORTH SULAWESI Issue cover-dated July 13, 2000 -------------------------------------------------------------------------------- THEY COME EQUIPPED with scores of excavators and more than 500 trucks. Their backers have wealth and influence. They have been known to cajole and threaten. Over the past two years they have taken illegal mining to an unprecedented level, pillaging three million tonnes of coal alone from the two South Kalimantan concessions run by Australian mining company Broken Hill Proprietary. BHP is the biggest but by no means only victim of a phenomenon that has swept Indonesia since the economy nose-dived three years ago. The government estimates there are 62,000 illegal miners across the country, twice the number working legally. Mines and Energy Minister Bambang Yudhoyono told parliament recently that annual losses amounted to 30 tonnes of gold, four million tonnes of coal, 2,800 carats of diamonds and 3,600 tonnes of tin concentrate. Even without tax and royalties, the export value is more than $150 million. Government officials are frank about the problem. They acknowledge that miners are being funded or backed by local and regional financiers, military officials, bureaucrats and other powerful interests--and supported by a network of international buyers. (cont) feer.com