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Gold/Mining/Energy : SOUTH AFRICAN MINING -- Ignore unavailable to you. Want to Upgrade?

To: The Barracuda™ who wrote (319)	10/4/1998 4:40:00 PM
From: sea_urchin	Read Replies (1) \| Respond to of 472

Hello Robert : There aren't too many. AngloGold AU has a yield on the JSE of 4.6% St Helena SGOLY has a yield on the JSE of 16.7% AngloAmerican ANGLY has a yield on the JSE of 4.2% GoldFieldsSA (GFSA) GLDFY is being merged into the new Goldfields so the past dividend is irrelevant. There's also ASA which doesn't trade in SA and for which I have no stats. There's no comparison between these investments --- AU is probably the best gold mining show and SGOLY is a short-term, almost break-up proposition. In fact, I'm surprised Mr Kebble hasn't bought it as another "jewel" for Durban! I suppose he'll wait until they give it away. AngloAmerican isn't a gold share but it owns and controls many mines and as such is regarded as a gold play. Actually, it's probably the best "lock-up" of the three. I don't think you can buy any other SAf gold mines/ADRs in the US which pay dividends.