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To: goldsheet who wrote (78605)	10/25/2001 6:20:02 PM
From: long-gone	Respond to of 116741

NEM adds new: Newmont Mining Corporation (ticker: NEM, exchange: New York Stock Exchange) News Release - 10/25/2001 -------------------------------------------------------------------------------- Newmont, Getchell Sign Letter of Intent on Purchase Of Ore and Land Sale in Nevada DENVER, Oct. 25 /PRNewswire/ -- Newmont Mining Corporation (NYSE: NEM) and Getchell Gold Corporation, a wholly-owned subsidiary of Placer Dome America, have signed a letter of intent under which Newmont will buy ore from Placer Dome's Getchell underground mine in Humboldt County, Nevada for processing at Newmont's adjacent Twin Creeks mine. Under the agreement, which runs for thirty months or until a maximum of approximately one million tons of ore is sold, Newmont receives a credit for its processing cost, plus a fee. Processing is scheduled to begin late this quarter at Twin Creeks' Sage Mill autoclaves. Currently, there are 160,000 tons of ore available in stockpiles from the Getchell mine. Additional tons may come from any future mining done at the Getchell mine, subsequent to a positive decision regarding the mine's future development. Closing of the definitive agreement is expected in the fourth quarter. In addition to the ore sales agreement, Newmont has agreed to purchase the eastern half of the Section 13 property from Getchell Gold, located northwest of the current Twin Creeks pit. Newmont will pay $1 million for the property, due one year after signing of the agreement. In addition, Newmont will pay Getchell a gross royalty of two percent on any gold, over 50,000 ounces, processed from Getchell's portion of Section 13. Newmont expects to begin mining Section 13 in 2002. The ore will be processed using heap leaching. MAKE YOUR OPINION COUNT - Click Here tbutton.prnewswire.com SOURCE Newmont Mining Corporation CONTACT: media, Doug Hock, +1-303-837-5812, or investors, Wendy Yang, +1-303-837-6141, both for Newmont Mining Corporation; or Brenda Radies for Placer Dome America, +1-604-661-1911/ newmont.com (frames)

To: goldsheet who wrote (78605)	10/28/2001 3:15:08 PM
From: long-gone	Respond to of 116741

Bob, Did you pick up on this one? Message 16563492 Once before it looked as if there was some attempt to hold some bullion off the market, now, in at least this case it is assured. Are other companies also building an inventory?

To: goldsheet who wrote (78605)	10/31/2001 1:27:23 PM
From: long-gone	Respond to of 116741

Bob, Higher production HM " -- Total attributable gold production 587,600 ounces, 28,700 ounces more than in the third quarter of 2000." biz.yahoo.com

To: goldsheet who wrote (78605)	11/9/2001 8:32:29 AM
From: long-gone	Read Replies (1) \| Respond to of 116741

Bob, (slightly)higher production KGC: "Kinross' share of attributable gold equivalent production during the first nine months of 2001 increased by 3% to 706,559 ounces and total cash costs per ounce of gold equivalent decreased by 9% to $191." biz.yahoo.com

To: goldsheet who wrote (78605)	11/21/2001 8:03:48 AM
From: long-gone	Respond to of 116741

Bob Isn't Harmony one of the lesser hedged miners? AngloGold announces sale of Free State assets to ARM and Harmony Date: Wednesday, November 21, 2001 AngloGold announced today that it would be selling its assets in the Free State province of South Africa to African Rainbow Minerals (ARM) and Harmony Gold Mining (Harmony) for R2.2 billion. This is subject to the transaction being recognised by the South African tax authorities as a rationalisation scheme, in which case no recoupment tax will be payable by AngloGold on the proceeds of the sale. ARM and Harmony will hold equal joint venture interests in the assets when the transaction takes effect on 1 January 2002. The Free State assets comprise: four mines - Bambanani, Joel, Matjhabeng and Tshepong; all surface infrastructure and equipment including metallurgical plants, commercial and residential properties, and the Ernest Oppenheimer Hospital in Welkom; all shares in Jeannette Gold Mines owned either directly or indirectly; and all minerals rights in the Welkom and southern Free State goldfields. The contracts of employment of all employees on these operations will be transferred to the new owners, unless another agreement has been reached between the parties. The only assets that AngloGold will retain in the Free State areits Technical Development Services Division and those that form part of its wholly-owned subsidiary, ISS International. AngloGold will also retain all of its mineral rights north of the Free State goldfields. AngloGold Chairman and CEO Bobby Godsell commented: "It is our strategic objective to develop, acquire and operate long-life, low-cost , world-class gold mining assets and to close or to sell mines approaching the end of their profitable lives to operators who are better suited to extracting value from such assets. With the exception of Tshepong, the Free State mines fall into the latter category." Putting the sale into perspective, he said that for the nine-month period ended 30 September 2001, the Free State operations had produced 17.3% of AngloGold's worldwide production, but only 8.3% of its earnings before interest, tax, depreciation and amortisation (EBITDA). The total cash costs of the Free State mines over this period were US$229 per ounce, compared with US$184 per ounce for all of AngloGold's operations. Taken over the first nine months of 2001, the sale would have the effect of lowering AngloGold's total cash costs for the company's remaining assets Mr Godsell pointed out that AngloGold had previously announced its intention to close Joel and Matjhabeng. Bambanani mine was a mature asset with a medium-term remaining life. Tsephong, however, was a long-life, low-cost, world-class mine but it was inextricably linked to the Free State assets and could not be excluded from this transaction. Turning to the ARM and Harmony joint venture, he said it met two important criteria which AngloGold had set regarding the transaction: one was to encourage the consolidation of ownership and management in the region; the other was to promote black economic empowerment. "We have long advocated further consolidation in the South African gold mining industry in the interests of ensuring optimal extraction of value from existing operations to the benefit of all. ARM and Harmony already own and operate assets in the Free State. The acquisition of AngloGold's assets will result in ARM and Harmony becoming the principal operators in the Free State goldfields. "The transaction will allow for meaningful participation of previously disadvantaged groupings in both the ownership and management of a substantial gold mining operation." The ARM/Harmony joint venture will pay the R2.2 billion for the Free State assets in two cash instalments: R1.8 billion on completion of the transaction and R400 million in three years' time. Management and economic benefits will pass to the JV from 1 January 2002 and interest will be payable on the R1.8 billion from that date until the transaction is complete. Click here for related documentation Disclaimer Except for the historical information which may be contained herein, there maybe matters discussed in this news release that are forward-looking statements. Such statements are only predictions and actual events or results may differ materially. For a discussion of important factors including, but not limited to, development of the Company's business, the economic outlook in the gold mining industry, expectations regarding gold prices and production, and other factors, which could cause actual results to differ materially from such forward-looking statements, refer to the Company's annual report on the Form 20-F for the year ended December 31, 2000 which was filed with the Securities and Exchange Commission on April 23, 2001. anglogold.co.za