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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: sea_urchin who wrote (19106)	9/22/2003 9:49:31 PM
From: Gary H	Read Replies (3) \| Respond to of 81177

right, Canadian producers have been in and out of a narrow trading range, mostly in. That is why I have gone mostly to Canadian explorer's, quite a few have moved up well on new discoveries and there is the possibility that they will be bought up by the bigger produces. There have been a few acquisition of late.

To: sea_urchin who wrote (19106)	9/23/2003 11:31:26 AM
From: sea_urchin	Respond to of 81177

> This has been the problem in South Africa where the rand has been appreciating against the dollar while the gold price in dollars has been going up. Hence the profits of the gold mines have gone to Hell because the SA mines earn in rands and not in dollars. busrep.co.za >>>DRD [DROOY] said 4 504 mineworkers would lose their jobs at its operations in the North West because the National Union of Mineworkers was unwilling to save about 3 000 jobs from the total figure. The planned strike, which sought to force DRD to abandon its intention to retrench the mineworkers, would start on Sunday night, NUM spokesman Moferefere Lekorotsoana said. He said the protest action would be carried out because the union could not reach an agreement with DRD management on the retrenchments. <<< Of course, the way that it has been made to look is that the mine management is at fault, not the fact that the profitability of the operation has been smashed because the rand is too high. Of course, the trade union doesn't give a damn. And, as is usual in the "new" SA, whitey is to blame.