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


To: lorne who wrote (62380)1/2/2001 12:21:59 PM
From: goldsheet  Respond to of 116756
 
> Russia Set to Maintain High Gold Production Levels

Consistent with my previous statements primary gold production will remain near record levels. Here's another:

Freeport McMoRan Copper and Gold Inc. Announces Normal Mining Operations Resumed at Grasberg Mine
fcx.com

They are now expecting to do 3.0moz in 2001 versus 2.3moz in 2000. This 700,000 ounces increase easily covers all of the mine closures folks were worried about (Homestake, Dee, Andacollo, etc.. which added up to under 500,000)