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

To: goldsheet who wrote (56270)	7/15/2000 12:48:28 PM
From: goldsheet	Read Replies (1) \| Respond to of 116786

---------------------------------------------------------------- 12/31/99 YTD Metal Last Week This Week Change Percent ---------------------------------------------------------------- 1630.50 - 4.2% Aluminum 1543.00 1562.00 + 19.00 + 1.2% 1846.00 - 4.3% Copper 1745.50 1766.50 + 21.50 + 1.2% 478.00 - 5.2% Lead 434.00 453.00 + 19.00 + 4.4% 8450.00 - 2.4% Nickel 8360.00 8250.00 -110.00 - 1.3% 6105.00 -13.2% Tin 5450.00 5300.00 -150.00 - 2.8% 1239.00 - 9.9% Zinc 1121.00 1116.00 - 5.00 - 0.4% ---------------------------------------------------------------- 288.50 - 2.3% Gold 284.60 281.90 - 2.70 - 0.9% 430.20 +59.6% Palladium 662.35 686.65 + 24.30 + 3.7% 449.20 +28.2% Platinum 569.80 575.70 + 5.90 + 1.0% 5.413 - 7.6% Silver 4.986 5.003 + .017 + 0.3% 68.29 -20.0% XAU Index 54.59 54.64 + 0.05 + 0.1% ----------------------------------------------------------------

To: goldsheet who wrote (56270)	7/15/2000 9:10:19 PM
From: long-gone	Respond to of 116786

Federal Land Grab Fences off our Future By: Richard L. Lawson The proposal to close 430,000 acres of land in Montana to mineral exploration and mining is another step in the Administration's rush toward continued removal of lands from public use. This ill-conceived strategy is, at best, an assault on the principle of multiple use and, at worse, an insidious threat to America's economic and national security interests. This latest federal land grab comes on the heels of a 1998 proposal to withdraw 605,350 acres of copper- and uranium-rich land in Arizona. In 1996, public lands were withdrawn in Utah for creation of the Grand Staircase-Escalante National Monument, where 62 billion tons of coal reserves could have generated as much as $1.1 billion in state revenue. The federal government manages 623 million acres of public land and has already placed 271 million acres, or 44 percent, off limits to mining. Yet mining has touched less than one-quarter of 1 percent of all U.S. land. Every American uses 46,000 pounds of new minerals annually. These mineral resources go into the products and services that uphold our standard of living and our national security. Forsaking our ability to produce minerals domestically puts our national security and economic future at risk. Further restricting land for mineral exploration will deprive state and local governments of billions in taxes. According to a 1997 study by the Western Economic Analysis Center (WEAC), the mining industry contributed over $523 billion to the national economy in a single year, including $57 billion in federal taxes and $27 billion in state and local taxes. Montana alone received over $2.2 billion in economic activity from mining, including more than $146 revenue gain by state and local governments. Also at stake are thousands of high-paying jobs. The Center reports that mining was directly and indirectly responsible for 24,900 Montana jobs in 1995. If lands continue to be removed from public use, jobs that would have been created in the United States will go overseas. As a nation, we will continue to consume minerals. The question is, will we produce them here, with the attendant economic benefits, or import them from abroad? nma.org