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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: goldsheet who wrote (3452)	10/24/2002 12:56:43 PM
From: ild	Respond to of 4051

DRD earnings are out: ... the company increased headline earnings from US$ 5.3 million (R 42.8 million) in the June quarter to US$ 7.8 million (R 82.1 million) this quarter. drd.co.za

To: goldsheet who wrote (3452)	10/26/2002 11:22:45 AM
From: IngotWeTrust	Read Replies (1) \| Respond to of 4051

50+% increase in gold production: Bob did you catch this? Gold: News: Russian metals giant Norilsk Nickel <GMKN.RTS> said on Thursday it had acquired 100 percent of shares in the country’s largest gold producing company, ZAO Polyus. "The acquisition of ZAO Polyus marks one of the stages of Norilsk’s development in the framework of its diversification strategy aimed at strengthening the company’s positions on non-ferrous and precious metals markets," a Norilsk statement said. ZAO Polyus Mining Company, based in Siberia’s Krasnoyarsk region, produced 16 tonnes of gold in 2001. Norilsk said this year that Polyus output was expected to rise to 25 tonnes. "As a result of the ZAO Polyus acquisition, Norilsk Nickel has become the largest gold producer in Russia with its share of domestic gold production exceeding 15 percent," the statement said (Reuters)

To: goldsheet who wrote (3452)	10/26/2002 1:16:01 PM
From: goldsheet	Respond to of 4051

Still gold in those old mining districts Foxpoint Resources Ltd.: Name Change to Kirkland Lake Gold Inc. Approved by Shareholders biz.yahoo.com The Macassa Mine has gone from Lac to Barrick to Kinross, and now Foxpoint who plans to mine 50,000-70,000 ounces of gold. foxpointresources.com Some info on other old mines (Lake Shore, Teck-Hughes, Wright-Hargreaves) on their website: foxpointresources.com "The Lake Shore mine is located in the center of the Kirkland Lake camp bounded to the west by the Teck-Hughes mine and to the east by the Wright-Hargreaves mine. Lake Shore may be thought of as the "crown jewel" of the Kirkland Lake camp, for it was by far the largest gold producer, producing 8,499,199 ounces at a grade of 0.51 oz/T from continuous production from 1918 until 1965. This is almost twice the total number of ounces produced from the neighboring second highest producer, Wright-Hargreaves, and represents 36% of the total ounces produced from the entire camp" "The Teck-Hughes mine is bounded on the west by Kirkland Lake Gold and by the Lake Shore mine to the east. The mine began production in 1917 and had produced 3,688,664 ounces of gold at a recovered grade of 0.38 oz/T when the mine ceased operating in 1968. The mine ranks third among the seven mines of Kirkland Lake in terms of total ounces produced, but had an average recovered grade considerably below the camp wide average of 0.46 oz/T" "The Wright-Hargreaves mine is located to the east of Lake Shore in the central portion of the Kirkland Lake camp. It ranks second to Lake Shore in terms of gold production and grade, having produced 4,817,680 ounces of gold at a grade of 0.49 oz/T"