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

To: Ken Benes who wrote (58843)	9/25/2000 11:56:58 AM
From: Enigma	Read Replies (1) \| Respond to of 116845

Playing in the sandbox with Dougie is really getting to you?

To: Ken Benes who wrote (58843)	9/25/2000 1:34:59 PM
From: lorne	Read Replies (1) \| Respond to of 116845

South African golds forced into more hedging. " The gold market was reminded last week of the serious damage created by last year's hedge book melt-down. First Ashanti Goldfields announced a delay in the sale of a stake in its Geita gold mine to AngloGold. According to an Ashanti spokesperson this was owing to the 20 or so counter-parties with whom the Ghanaian company has a number of gold derivative contracts. "All these parties have to be consulted and it has taken much longer than expected," the spokesman said. In effect, Ashanti has lost its independence and is being controlled by its bankers." Full story >>> mips1.net