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


To: goldsheet who wrote (91267)11/16/2002 9:39:20 PM
From: goldsheet  Read Replies (1) | Respond to of 116753
 
INTERVIEW-Outlook good for Argentine mining

"Argentina's budding mining sector needs economic stability, not just low costs, to reach its full potential, the general manager of the country's biggest mine said Friday."

"The devaluation of the peso in January, after a decade of parity with the dollar, brought cost savings that helped copper and gold mine Bajo de la Alumbrera finish an expansion project below budget"

"The project increased production at the mine by 25 percent to 200,000 tonnes of copper and 550,000 to 600,000 troy ounces of gold per year"

FULL STORY: biz.yahoo.com