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

To: Al Cern who wrote (31254)	4/6/1999 5:54:00 PM
From: Alex	Read Replies (2) \| Respond to of 116779

4/06/99 - ANGLOGOLD OPTIMISTIC ABOUT RECOVERY IN GOLD PRICES <Picture> APR 6, 1999, M2 Communications - AngloGold Ltd, the South African gold producer, says that it expects 1999 to be a difficult year for gold producers, but record offtakes in important gold markets such as India and the US gives it hope for a recovery from low bullion prices. The company is planning to invest US$20m this year to stimulate demand for gold and press for deregulation in key markets, including China. It will also spend US$53m on exploring new gold prospects. (Company statement, 29 Mar 1999; Reuters, 29 and 30 Mar 1999; The Citizen, 30 Mar 1999). African Mining Monitor includes paraphrased and abstracted material with the source, which is deemed to be reliable and duly identified. AMM is unable to provide full-text copies of these original documents. -0- AFRICAN MINING MONITOR-(C) 1998-99 M2 COMMUNICATIONS LTD