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

To: Claude Cormier who wrote (69459)5/18/2001 5:17:21 PM
From: goldsheet  Respond to of 116753
 
>Do not forget that there is quite a bit of copper production as well.

I did mention the copper production, but did not have quick access to the numbers to do a more accurate calculation.

> FCX is 60% copper. PDG has some... who else?

Phelps Dodge is now in the XAU.



To: Claude Cormier who wrote (69459)5/18/2001 5:50:48 PM
From: goldsheet  Respond to of 116753
 
A quick estimate: FCX/PD/PDG produced about 4.5 billion pounds of copper, worth $US 3.3B
This would make the XAU, based on production value: AU=66.8% AG=1.4% CU=31.8%
Looks like the "Mostly Gold and Copper, with a trace of Silver" Index <grin>


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