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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: The Vet who wrote (11115)	8/13/2002 11:17:54 AM
From: Dave Gore	Read Replies (1) \| Respond to of 16631

Vet, very interesting comparison on Gold stocks. Just had a chance to read it....thx

To: The Vet who wrote (11115)	8/13/2002 11:32:43 AM
From: Frederick Langford	Read Replies (1) \| Respond to of 16631

HGMCY Harmony confident South African government does not intend to nationalise mining industry Aug 13, 2002 (AFRICAN MINING MONITOR via COMTEX) -- South African miner Harmony Gold Mining Co Ltd has disputed suggestions that the South African government's efforts to give black citizens more control over the mining industry amount to nationalisation. The company's executive director expressed confidence that through negotiations with the mining industry, the government will put forward a reform plan that will be economically viable. While certain parts of the South African population might be in favour of nationalisation, "we are most certain that is not the current government's thinking," he said. In other news Harmony has reported improved record operating profits for the fifth consecutive quarter. During the past quarter the company increased gold production to 2.7 million ounces, a 25% increase year-on-year. (Dow Jones, 06 Aug 2002; Harmony Gold Mining Co Ltd statement, 05 Aug 2002.) African Mining Monitor includes paraphrased and abstracted material with the source, which is deemed to be reliable and duly identified