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 and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (2461)	10/1/2001 1:12:20 PM
From: John Dally	Respond to of 4051

Hi russwinter, With AU taking over Normandy, there's bound to be some restructuring. Should work to TVX's advantage . . . Here's the overview from their website: The Crixas Mine is owned by Mineracao Serra Grande S. A., which in turn is owned by affiliates of Anglogold (50%) and TVX Normandy (50%). The La Coipa Mine is owned by Compania Minera Mantos de Oro (MDO), which in term is owned 50% by Placer Dome Inc. (operator) and 50% by TVX Normandy. The Morro do Ouro gold deposit is owned by Rio Paracatu Mineracao S.A., which in turn is controlled by Brazilian subsidiaries of the operator, Rio Tinto (51%), and TVX Normandy (49%). The New Britannia Mine (formerly the Nor Acme Mine), which TVX Normandy operates, is owned 50% by TVX Normandy and 50% by High River Gold Mines. The Musselwhite Mine is owned by Placer Dome Canada (68%), operator, and TVX Normandy Americas (32%). Best regards, John.