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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Wade who wrote (964)	11/4/2003 9:15:16 PM
From: Wade	Read Replies (1) \| Respond to of 48092

Here we go again: Court rejects Barrick request to rethink gold case Tuesday November 4, 1:35 PM EST VANCOUVER, British Columbia, Nov 4 (Reuters) - A U.S. court has denied a request from Barrick Gold Corp. (ABX), the world's No. 3 gold producer, that the court reconsider its ruling that an antitrust case against Barrick may go ahead, the plaintiff in the case said on Tuesday. The plaintiff, Blanchard and Co., a New Orleans-based coin and bullion dealer, launched a suit against Barrick, as well as financial services giant J.P. Morgan Chase & Co Inc. (JPM), last December. Blanchard alleged the two companies broke U.S. antitrust laws by colluding to rig the gold price and monopolize trading in bullion. Toronto-based Barrick and J.P. Morgan tried to get the case thrown out but were unsuccessful. Barrick then tried in September to get the court to rethink its earlier ruling but this too has now failed. Barrick instead received a reprimand from the court. "While the defendants are understandably dissatisfied with a ruling not in their favor, this is neither the time nor method to raise these issues again," Blanchard quoted the latest judgment as saying. Barrick was not immediately available for comment. It has previously called the civil action "utterly ridiculous". Blanchard said the latest ruling meant the discovery phase of the lawsuit, in which both sides make available to each other documents relevant to the case, could now continue. "Barrick and Morgan appear to have lost the chance to delay the discovery phase of the case any further," said Blanchard chief executive, Donald Doyle Jr. ©2003 Reuters Limited.